Freakonomics - by Stephen J Dubner & Steven Levitt

'The hidden side of everything'

Economics ultimately boils down to the study of incentives. Incentives are all around us, whether natural or manufactured (like by a parent, teacher, boss, politician or economist). In this episode, we talk about 4 major areas of economics, using a few stories and studies from the book to flesh out the concepts:

 - Moral incentives VS Economic incentives

 - Information Asymmetry 

 - Correlation VS Causation

 - Risk Assessment

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