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Monday, October 08, 2007

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EconWeekly

I wonder how these "pop econ" books are shaping the opinion that laymen have about economics. I once heard this comment by someone who had just read Freakonomics: "And I thought that economics was boring..."
I'm delighted that people are learning something about economics by reading those books; on the other hand, I fear that people identify our field with an inquiry into silly questions such as "how to find out that sumo fights are rigged" or "why people name their kids after their rich neighbors'."

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Previous research on job incentives has found that when they are unexpected, they have a greater impact on productivity.

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The comments to this entry are closed.

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