Professor is giving out one dollar to the class (for free). A few person raise up their hands to show their interest in the money. Now he's giving out two dollar to the class (also for free). More people shows their interest in the money. As the value of money increase more and more people raise up their hands to get the money. When the value of the money given out reaches 10 dollars, some of the students even rush to the front and grab the money into his hand veraciously. From this activity we can see that,
- People response to incentives.
- The greater the incentives, the more motivated people are.
I strongly agree with the above statement. People's actions is driven by the desire to achieve certain purpose. People response to incentives because they want the money. They want to "feel good". The more the money, the more they "feel good". From this statement we can extrapolate that people is willing to work harder to earn more in order to feel even better. Therefore, to feel good is one of the central purpose of people's action.
Economic way of thinking.
- What's the strongest non-religious belief?
- Why do yo hold it?
- Is there anyone who has a belief that is 180 degree contrary to your idea? Do you nonetheless still respect that person? Would you characterize the person?
- Can you characterize the view or evidence that you don't support?
- Is there any evidence/view/ data that can make you think of the opposite view?
