Saturday, 21 December 2013

Freakonomics by Stephen Dubner and Steven Levitt

Freakonomics by Stephen Dubner and Steven Levitt


The book is a collection of 'economic' articles written by Levitt, an expert who has already gained a reputation for applying economic theory to diverse subjects not usually covered by "traditional" economists; he does, however, accept the standard neoclassical microeconomic model of rational utility-maximization. In Freakonomics, Levitt and Dubner argue that economics is, at root, the study of incentives.


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