Catch up on stories from the past week (and beyond) at the Slashdot story archive


Forgot your password?
Check out the new SourceForge HTML5 internet speed test! No Flash necessary and runs on all devices. ×
User Journal

Journal Wonko the Sane's Journal: Freakonomics

Economics is, at root, the study of incentives: how people get what they want, or need, especially when other people want or need the same thing. Economists love incentives. They love to dream them up and enact them, study them and tinker with them. The typical economist believes the world has not yet invented a problem that he can not fix if given a free hand to design the proper incentive scheme. His solution may not always be pretty - it may involve coercion or exorbitant penalties or the violation of civil liberties - but the original problem, rest assured, will be fixed.

This discussion has been archived. No new comments can be posted.


Comments Filter:

Steve Jobs said two years ago that X is brain-damaged and it will be gone in two years. He was half right. -- Dennis Ritchie