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The book Freakonomics by Steven D. Levitt and Stephen J. Dubner teaches us how to connect everyday life with economics by focusing on incentives and hidden causes.
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People’s behaviour is mostly driven by incentives—economic, social or moral. Understanding them can help us explain their actions, even the irrational ones.
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Conventional wisdom isn’t always right. Widely accepted beliefs can be misleading, and critical thinking is essential to uncover the reality.
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Experts often use their specialised knowledge to their advantage and manipulate information. Careful analysis is needed to make well-informed decisions.
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Data might challenge moral assumptions, and long-held beliefs. Careful observation and analysis of data are essential to understand the world.
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Access to information plays an important role in determining how individuals and institutions make decisions. Make information your power by pursuing knowledge.
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Social behaviours are often shaped by economic decisions and systems, even when the connections aren’t immediately visible.
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