Ep38 "The Power of Non-Monetary Incentives: Lessons from the Military" with Lt. Gen. Thomas Bostick

Ep38 "The Power of Non-Monetary Incentives: Lessons from the Military" with Lt. Gen. Thomas Bostick

Picture a workforce driven not by the promise of a paycheck, but by a shared sense of purpose and the thrill of contributing to something greater than themselves. How can you can ignite a passion in a team that money simply can't buy. In this episode, based on a question from a listener, hosts and finance professors Jonathan Berk and Jules van Binsbergen welcome Lieutenant General Thomas Bostick, was the 53rd Chief of Engineers of the United States Army and Commanding General of the U.S. Army Corps of Engineers, for a discussion about Non-Monetary Incentives, and how they function in the military.



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Find All Else Equal on the web: https://www.gsb.stanford.edu/business-podcasts/all-else-equal-making-better-decisions

All Else Equal: Making Better Decisions Podcast is a production of Stanford Graduate School of Business and is produced by University FM.

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Episoder(93)

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Ep62 “The Cost of Social Compliance: Exploring Preference Falsification" with Timur Kuran

Ep62 “The Cost of Social Compliance: Exploring Preference Falsification" with Timur Kuran

Is the emperor wearing clothes?  Hosts and finance professors Jonathan Berk and Jules van Binsbergen are joined by economist and political scientist Timur Kuran who wrote the book, Private Truths, Pub...

22 Mai 202533min

Ep61 “Pursuit for Academic Freedom” with Richard Saller

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If universities believe they should be free from government interference and that students and faculty have the right to freely express whatever viewpoints they hold, then the universities should be h...

7 Mai 202530min

Ep60 “A Trade Deficit? More Like a Capital Surplus” with John Cochrane

Ep60 “A Trade Deficit? More Like a Capital Surplus” with John Cochrane

What exactly is a trade deficit? And why are so many policymakers fixated on it? Lately, the trade deficit in the U.S. is taking the bulk of the blame for the economic situation we’re in and it’s one ...

23 Apr 202528min

Ep59 “Why Tariffs Are Not The Ultimate Trade Weapon” with Dani Rodrik

Ep59 “Why Tariffs Are Not The Ultimate Trade Weapon” with Dani Rodrik

With President Trump’s tariffs on Canada, Mexico, China, and other countries now in full swing, what consequences from an economic standpoint could the U.S. be facing? And what was the path that led u...

9 Apr 202532min

Ep58 How Rich Are The Ivy League Universities, Really? University Endowments Explained

Ep58 How Rich Are The Ivy League Universities, Really? University Endowments Explained

The recent crackdown on federal spending has universities sweating despite the fact that many of them boast huge billion-dollar endowments. So what gives? Why would less money from the federal governm...

26 Mar 202524min

Rerun: Ep36 “Institutional Neutrality: Open Debate and Moral Stands” with John Etchemendy

Rerun: Ep36 “Institutional Neutrality: Open Debate and Moral Stands” with John Etchemendy

All Else Equal is taking a little spring break, so on this episode we’re revisiting a fascinating conversation on what happens when universities step off the sidelines and take a stance on contentious...

12 Mar 202525min

Ep57 “Effective Communication: Trump vs. Reagan” with Peter Robinson

Ep57 “Effective Communication: Trump vs. Reagan” with Peter Robinson

One key to effective negotiation is to keep your opponent guessing by randomizing your strategy. And right now, there might not be a more prolific example of this kind of strategy than President Donal...

26 Feb 202536min

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