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Xvc Cost of Soemthing

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Submitted By varsitysoc12
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The Value of Curiosity- Exploring the Hidden Side of Everything Freakonomics, by Steven Levitt and Stephen Dubner, is an important economical book that shows examples of economics that most people do not understand or realize. This book displays the value of incentives, how the average consumer does not know much about the markets they buy in, cause and effects of these markets, and showing the distrust in most experts. To me, it proves that an average person can’t really look at the economic trends of a lot of markets because the patterns and information are so deep, that the average consumer can’t just ‘dig’ up. Freakonomics allows hidden information and small things that mean so much to come to surface, so the economy that surrounds us can be better understood for a more promising financial future. In chapter one, Levitt and Dubner really focus on incentives. Incentives are the motivator in which I do everything in my life. Sometimes incentives strike negative behavior in people because the amount of power in the motivation. In the chapter, they demonstrate three examples of this bad behavior. The remainder of this chapter brings together schoolteachers, sumo wrestlers, and a bagel salesman. The school teachers are under so much pressure to present excellent grade scores by their students in order to look good in front of the state, that they lose focus in the actual importance. Teachers begin to teach for a test and not for the benefit of the children’s futures. I thought about how this process works and it does not just stop at teachers. Students, including myself do the same thing. I study for a test, not for the knowledge that comes along with all the chapters. In most classes, I do not study to obtain as much knowledge as possible to benefit my future, but in order to get an acceptable grade from my viewpoint. The system is flawed and unfortunate. Sumo

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