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Retirement Savings Policy by Michael P. Barry

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Chapter 12 Intermezzo—Basic Policy Considerations Part I

“If we were to apply the unmodified, uncurbed, rules of the micro-cosmos (i.e., of the small band or troop, or of, say, our families) to the macro-cosmos (our wider civilization), as our instincts and sentimental yearnings often make us wish to do, we would destroy it. Yet if we were always to apply the rules of the extended order to our more intimate groupings, we would crush them. So, we must learn to live in two sorts of world at once.”

̶̶ F. A. Hayek, The Fatal Conceit

“I just don’t want my employees thinking that their jobs depend on performance. What sort of place is that to call home?”

̶̶ Michael Scott, Regional Manager, Dunder Mifflin Paper Company

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