Quote by James Mirrlees

"Information revelation is like pulling teeth—people will conceal what hurts them unless incentives overwhelm their desire to hide."

James Mirrlees
Economist Theorist Scottish 1936–2018

More from James Mirrlees

"The most important thing is to recognize that incentives matter."
"Information asymmetry is at the heart of economic problems."
"We must design systems that work with human nature, not against it."
"Taxation involves a fundamental trade-off between equality and efficiency."

All quotes by James Mirrlees