Checks and Balances

The law of supply and demand can act as a key behaviour control.  Action and reaction can also serve this purpose.  These two practices can be used as tools to effect change.

It’s So Unfair

I had a conversation the other day about people being mistreated.  Things like unrealistic job performance demands, little sympathy for hardship, or taking a hard line on working hours or working conditions.

Clearly wrong or harsh behaviour cannot always be corrected or resolved through a reaction or by managing supply or demand.  However, these approaches can influence change and do provide the opportunity to drive outcomes.

Whether successful or not, at least you tried.  Taking action is far more likely to achieve a result than just hoping the “luck of the Irish will prevail”.  That is, if you take no action you should expect no result.

(Side note, luck of the Irish refers to winning or succeeding at something for no apparent reason.  Like finding gold when others cannot or winning at gambling).

For Example

An obvious example of using the law of supply and demand to affect behaviour change is trade sanctions (limiting supply). In this case one group of countries might apply a trade blockade to another country to influence them to change their behaviour (e.g., stop developing nuclear arms)

At a more granular level, if an employer cuts your wage, you could just accept it but alternately you could refuse to accept the insult and provide supporting evidence of your value, (measurable evidence) and outline the impacts of losing you as a valuable resource versus some short term monetary savings.  The ability to react and how you react is up to you.

Give it a try

Next time you see unjust behaviour, try to effect a change.  What can you lose, beyond the time and effort to try.

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