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Steven Levitt on Freakonomics and the State of Economics

EconTalk

CHAPTER

Incentives and Integrity in Economics

This chapter explores the complex behaviors and misaligned incentives of real estate agents, particularly when selling their own properties versus those of clients. It delves into the challenges of replication in economic research, questioning the reliability of statistical analyses and highlighting the impact of academic pressures on research validity. The conversation critiques the current academic reward systems, advocating for a more historically informed approach to economic inquiry.

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