And the rollback of the incentive adjustments isn’t theoretical. Incentives got adjusted around The Great Depression in many western countries like in the US and those changes have been slowly rolled back till the 70s, then much more quickly since then. And at breakneck speed since the dissolution of the Soviet bloc.
And the rollback of the incentive adjustments isn’t theoretical. Incentives got adjusted around The Great Depression in many western countries like in the US and those changes have been slowly rolled back till the 70s, then much more quickly since then. And at breakneck speed since the dissolution of the Soviet bloc.