Think like a freak by steven d levitt5/28/2023 Thinking like a freak is simple enough that anyone can do it. It usually trafficks in the obvious and places a huge premium on common sense. There is nothing magical about this way of thinking. It relies on data, rather than hunch or ideology, to understand how the world works, to learn how incentives succeed (or fail), how resources get allocated, and what sort of obstacles prevent people from getting those resources, whether they are concrete (such as food and transportation) or more aspirational (such as education and love). The economic approach is both broader and simpler than that. That doesn't mean focusing on "the economy" – far from it. Our thinking is inspired by what is known as the economic approach. There is nothing like the sheer power of numbers to scrub away layers of confusion and contradiction. Knowing what to measure, and how to measure it, can make a complicated world less so. And understanding them – or, often, deciphering them – is the key to understanding a problem, and how it might be solved. Incentives are the cornerstone of modern life. Thinking like a freak involves three relatively simple, core ideas. The modern world demands that we all think a bit more productively, more creatively, more rationally that we think from a different angle, with a different set of muscles, with a different set of expectations that we think with neither blind optimism nor sour scepticism.
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