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“Philadelphia Police have activated a citywide rapid response following large crowds of people gathering and rioting, and engaging in extensive looting. Multiple stores, including an Apple Store, have been broken into. This comes after the dismissal of charges against a police officer involved in last month's traffic stop shooting.”
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LOOTERS CLEAR OUT APPLE STORE IN PHILLY
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No more politically-incorrect thing to say out loud, than the simple idea that people are driven by incentives.
Explains Hayek’s key observation
— That mankind has never accepted improved incentives mechanisms happily and willingly
But rather that man has always been largely against improving incentives,
And only in the face of total total annihilation, do societies finally, begrudgingly, fix the incentives.
With many societies refusing to fix the incentives right up to their end, being crushed by those who did relent before their total demise.
Explains Hayek’s key observation
— That mankind has never accepted improved incentives mechanisms happily and willingly
But rather that man has always been largely against improving incentives,
And only in the face of total total annihilation, do societies finally, begrudgingly, fix the incentives.
With many societies refusing to fix the incentives right up to their end, being crushed by those who did relent before their total demise.
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