Finally completed the 'The Freakonomics'.So what have i learned from the book:
1)Never connect Economics with morality.Morality deals with the ideal world and Economics deals with the actual world.Always think twice ,before you include moral issues, while trying to get to the bottom of any issue.
2)Never belive a expert's data until they show you the source.
3)Experts in field sometimes hold on the one point of view and empahatically sing its praises,while not giving any strong argument against the rival point of view.
4)Most human actions are controlled by the incentive ,the action later presents.
5) Most supposed causes are normally just another co-related indicator of the issue in hand.
1 comment:
After knowing this, would anyone watch CNBC?
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