Quotes from Alan Krueger

Amazon's founder and CEO, Jeff Bezos, once told me that he is often asked, 'What's going to change in the future?' But he is rarely asked, 'What is not going to change?' 'That second question is actually more important than the first,' he said, 'because you can build a strategy around it.

Behavioral economics tells us that people often focus too much on the wrong things, and tend to focus on aspects of the job that are salient. So, for example, the pay is salient, especially the starting pay.