Most of economics can be summarized in four words: 'People respond to incentives.' The rest is commentary.


The Armchair Economist: Economics and Everyday Life (ed. Simon and Schuster, 2012) - ISBN: 9781451651737

Steven Landsburg Quotes

Most of economics can be summarized in four words: 'People respond to incentives.' The rest is commentary.

Most of economics can be summarized in four words: 'People respond to incentives.' The rest is commentary.

Most of economics can be summarized in four words: 'People respond to incentives.' The rest is commentary.

Most of economics can be summarized in four words: 'People respond to incentives.' The rest is commentary.