Economics 102 with Prof Abhijit Banerjee [S2 Ep.31]
Conversations With Coleman
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The Incentives Model Isn't a Good Idea
Rili: I'd be a strange person that worked less hard as a result of taxes going up. Because so much of the reason you work hard, it's not the number you see in your bank account at the end of the year. People really have a desire to be the winner, but not necessarily. But the level of the wind doesn't matter so much. Rili: If if i make everybody's income go down by 50 %, not much will change. It says, it would still be good.
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