Prisoners on a ship - Source: NPR

I heard this interview today on Planet Money on NPR. It’s about how the British government used incentives to reduce prisoner deaths on ships to Australia. The moral of the story is that economic incentives trump pleas for morality, humanity, and religion. You can achieve anything with economic incentives and, if you’re not achieving the desired outcome, you’re not incentivizing the right actions.

Click here to read & listen to the interview.

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