Sophia's Blog

Sophia's Blog

FREAKONOMICS

THE HIDDEN SIDE OF ECONOMICS IS AN INTEGRAL PART OF THE EVERYDAY LIFE OF HUMANS

Economics is the field in which several life decisions are made, and economics is laden with incentives.

The incentives in economics are what shape human life, decisions, and beliefs. Incentives are the tools by which a scenario is crafted and planted into the heart of the consumer by the layman. For every economic decision made, there are several factors that are responsible for it in a way that people will be urged to pay attention to it.

The hidden side of economics is what famous authors Steven D. Levitt and Stephen J. Dubner termed “Freakonomics.” “Freakonomics” is the work of two astute authors who took their time to research assiduously and come up with a book that explains the concept to the last detail.

The information contained in this book is bound to change your orientation about economics and give you the leverage of decision-making over the layman.

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