People do what the incentives say they'll do. The incentives may be rational or not, but whatever they are, that's what you can bet people will do, and you'll be right almost 100% of the time. The biggest difference between dogs and people is that people learn faster; but the nature of the learning is roughly the same. Cookie = do that again; swat = don't do that again.
Capitalism protects individual freedom, which is morally right. Incidentally, it also turns the incentives towards efficient use of resources, which is in the public's best interest. I find it mystifying that progressives claim to impose regulation for the public good, when that almost always leads to a very wasteful misuse of resources that hurts the public in the end.
You hit the nail on the head there.
People do what the incentives say they'll do. The incentives may be rational or not, but whatever they are, that's what you can bet people will do, and you'll be right almost 100% of the time. The biggest difference between dogs and people is that people learn faster; but the nature of the learning is roughly the same. Cookie = do that again; swat = don't do that again.
Capitalism protects individual freedom, which is morally right. Incidentally, it also turns the incentives towards efficient use of resources, which is in the public's best interest. I find it mystifying that progressives claim to impose regulation for the public good, when that almost always leads to a very wasteful misuse of resources that hurts the public in the end.