One of the most important principles of economics is that people respond to incentives. You get more of whatever you incentivize. You get less of whatever you disincentivize. This is irrefutable. The...
Paul T. Prentice
Paul Prentice is an Associated Scholar of the Mises Institute, a Professor of Economics and Business at Colorado Technical University (retired), Economics Fellow of the Centennial Institute at Colorado Christian University (retired), and a Senior Fellow at the Independence Institute.
Latest work
Most states and municipalities have shut down major sectors of their economies in the hope of minimizing the very real medical damage from the spread of the coronavirus. The benefit is assumed to be...