All 14 Uses
economics
in
Freakonomics
(Auto-generated)
- Morality, it could be argued, represents the way that people would like the world to work—whereas economics represents how it actually does work.†
p. 11.9 *
- Economics is above all a science of measurement.†
p. 11.9
- But the tools of economics can be just as easily applied to subjects that are more—well, more interesting.†
p. 12.2
- Yes, this approach employs the best analytical tools that economics can offer, but it also allows us to follow whatever freakish curiosities may occur to us.†
p. 13.7
- Since the science of economics is primarily a set of tools, as opposed to a subject matter, then no subject, however offbeat, need be beyond its reach.†
p. 13.9
- It is worth remembering that Adam Smith, the founder of classical economics, was first and foremost a philosopher.†
p. 14.1
- Economics is, at root, the study of incentives: how people get what they want, or need, especially when other people want or need the same thing.†
p. 16.3
- If economics is a science primarily concerned with incentives, it is also—fortunately—a science with statistical tools to measure how people respond to those incentives.†
p. 25.7
- With early training in agricultural economics, he wanted to tackle world hunger.†
p. 44.1
- If morality represents the way we would like the world to work and economics represents how it actually does work, then the story of Feldman's bagel business lies at the very intersection of morality and economics.†
p. 49.3
- If morality represents the way we would like the world to work and economics represents how it actually does work, then the story of Feldman's bagel business lies at the very intersection of morality and economics.†
p. 49.4
- Drug dealers are rarely trained in economics, and economists rarely hang out with crack dealers.†
p. 89.7
- In a paper called "The Economics of 'Acting White,' " the young black Harvard economist Roland G. Fryer Jr. argues that some black students "have tremendous disincentives to invest in particular behaviors (i.e., education, ballet, etc.) due to the fact that they may be deemed a person who is trying to act like a white person (a.k.a. 'selling-out').†
p. 161.7
- As we suggested near the beginning of this book, if morality represents an ideal world, then economics represents the actual world.†
p. 210.4
Definitions:
-
(1)
(economics) the study of how limited resources are allocated in an attempt to satisfy unlimited wants
- (2) (meaning too rare to warrant focus)