This year’s annual report examines a project the Fed is spearheading to improve the U.S. payment system. The essay is written by St. Louis Fed First Vice President David Sapenaro, who recently completed his responsibilities as the project’s interim payments strategy director.View Publication
Students listen to the book Earth Day—Hooray! and learn how incentives change people's behavior. The students learn how characters in the book collect cans to sell to the recycling center and use the money they receive to buy flowers to plant in the park. In a classroom discussion of the story, students track the number of cans brought to school each day. Students evaluate scenarios to determine what behavior is being encouraged or discouraged and to identify whether the incentives are rewards or penalties.
(Book written by Stuart J. Murphy / ISBN: 0-06-000129-1 / This book is in print and available.)
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