The Book Freakonomics Is Written By Economist Steven D. Levitt

1580 Words Dec 9th, 2016 7 Pages
The book Freakonomics is written by economist Steven D. Levitt and journalist Stephen J. Dubner. It discusses various topics in today’s society that are often over looked. They ask the questions that most people never dare to ask.
In chapter one, the authors explain how everyday people find themselves cheating as a way to move up the ladder and benefit financially. This happens more frequently when the incentives they are promised, outweigh their moral compasses. An incentive is defined by Webster’s dictionary as, “something that incites or has a tendency to incite to determination or action”. The authors talk about three types of incentives: economic, social, and moral. When it comes to economic incentives, this deals with anything that drives a person to behave like a functioning member of society. For example, paying your bills to avoid foreclosure, obeying the law to avoid imprisonment, or following traffic laws to avoid receiving fines. When dealing with social incentive, this is the way people carry themselves to avoid sticking out like a sore thumb to the rest of society. The final one is moral incentive, this deal with what you believe is right or wrong. In this chapter there were a couple case studies that dealt directly with how incentives may lead people to cheat. I found the Chicago school teachers and the Japanese Sumo wrestlers to be the most captivating when it came to how incentives played a role in their lives. It was found that the Chicago school teachers…

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