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Book Review

Book Review
Why Freakonomics isn’t Freaky at all
September 23, 2016
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Why Freakonomics isn’t Freaky at all
Anybody who has ever googled the phrase, ‘books to be read in economics’ or something similar, would surely come across a number of lists which would feature this book. Over the years, the book has achieved a cult status. Following it, there has been a sequel and even a documentary. When you first go through […]
Book Review
Predictably Irrational
September 22, 2016
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Predictably Irrational
Consumer theory forms an integral part of microeconomic analysis. There are certain assumptions that we use while analyzing consumer behavior. Any theorem that we can think of in this context is considered incomplete without the assumption that consumers act rationally in order to maximize their utilities.  But every day we come across people whose spending […]