Freakonomics | Summary In Under 10 Minutes (Book by Stephen Levitt)

Описание к видео Freakonomics | Summary In Under 10 Minutes (Book by Stephen Levitt)

This is a bookbull summary of the book ‘Freakonomics’ by Stephen J. Levitt and Steven D. Dubner.
Did you know that everyone around you, from politicians to your significant other, has an angle and wants to influence your behavior? They rely on incentives to encourage you to do good or avoid doing badly.
Incentives come in three forms: economic, social, and moral, and the most effective ones use all three. When it comes to crime, incentives play a crucial role in preventing people from cheating, stealing, or scamming. The fear of jail and financial loss serves as an economic incentive, while the moral incentive prevents people from feeling like bad people.
And let's not forget the social incentive - nobody wants to be seen as a criminal. In short, incentives can hit your wallet, pride, or conscience, so be careful!
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DISCLAIMER: This book summary is meant as a preview and not a replacement for the original work. If you like this summary please consider purchasing the original book to get the full experience as the original author intended it to be. This video is for entertainment purposes only.

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