Incentives Matter, Math History Edition

Source: EconLog
by Kevin Corcoran

“Economists are fond of talking about how people respond to incentives — and stress how social arrangements can produce suboptimal results when they give people counterproductive incentives. I recently saw a fun video on the history of how mathematicians developed the imaginary number system (hey, I think it’s fun anyway!) that shows an example of this in action.” (09/12/25)

https://www.econlib.org/incentives-matter-math-history-edition