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Economics is all around us. At least, that's what Chicago Booth's Ram Shivakumar believes, and he's on a mission to demonstrate that economics is not about numbers or theoretical models, but is at play in many everyday decisions, like whether to order a pizza, where to buy it from and what toppings to get. If economics isn't about numbers, what is it about?
By Josh StunkelEconomics is all around us. At least, that's what Chicago Booth's Ram Shivakumar believes, and he's on a mission to demonstrate that economics is not about numbers or theoretical models, but is at play in many everyday decisions, like whether to order a pizza, where to buy it from and what toppings to get. If economics isn't about numbers, what is it about?