"Freakonomics: A Rogue Economist Explores the Hidden Side of Everything" Quotes
"Freakonomics" explores the unconventional and surprising ways economics can explain real-world phenomena and human behavior.
nonfiction | 320 pages | Published in 2005
Quotes
Morality, it could be argued, represents the way that people would like the world to work—whereas economics represents how it actually does work.
Incentives are the cornerstone of modern life.
The conventional wisdom is often wrong.
Information is a beacon, a cudgel, an olive branch, a deterrent—all depending on who wields it and how.
Experts depend on the fact that you don’t have the information they do.
Knowing what to measure and how to measure it makes a complicated world much less so.
The most powerful force in the universe is incentives.
An incentive is simply a means of urging people to do more of a good thing and less of a bad thing.
Economics is above all a science of measurement.
The conventional wisdom is often shoddily formed and devilishly difficult to see through, but it can be done.
