Economic Incentives and Social Values
Ran discusses the impact of economic incentives on individuals' decisions to leave or join kibbutzim, emphasizing that while incentives matter, they are not the sole determining factor. He also speculates on the importance of considering social values when maximizing the overall societal benefit, using the example of nurses and teachers versus derivative traders and computer programmers.In this clip
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EconTalk
Ran Abramitzky on the Mystery of the Kibbutz
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