Money Is a Bad Motivator

Money Is a Bad Motivator

The so called developed societies today operate as irrationally as companies that employ telemarketers for a short time on commission and pay them according to numbers (statistics) they show without making sure that the sales are real. Telemarketers think only about their personal income and may send people unfounded invoices without thinking a bit about…

Homo Sapiens vs. Homo Economicus

The strong belief of Alan Greenspan to the free capitalistic market economy is based on his perception of human being as a rational thinking creature. The core idea of capitalistic market economy and free competition is incorporated in the term homo economicus. A human being has rational mind and when homo economicus makes rational choices…