Cash incentives are likely to be effective for people who are willing to get vaccinated, but haven’t done so yet. Freedom incentives could shift those who are unsure or unwilling.
Amazon nixed plans to build a headquarters in Long Island City after some New Yorkers questioned the wisdom of offering billions in tax breaks in exchange for job promises. A Texas study suggests they had reason to worry.
If there is one iron law of economics it is this: people respond to incentives. Offer an “all you can eat” buffet and people eat a lot. Double the demerit points for speeding on a holiday weekend and fewer…