Steven Levitt
Steven Levitt
Steven David "Steve" Levittis an American economist known for his work in the field of crime, in particular on the link between legalized abortion and crime rates. Winner of the 2003 John Bates Clark Medal, he is currently the William B. Ogden Distinguished Service Professor of Economics at the University of Chicago, director of the Becker Center on Chicago Price Theory at the University of Chicago Booth School of Business. He was co-editor of the Journal of Political Economy published...
NationalityAmerican
ProfessionEconomist
Date of Birth29 May 1967
CountryUnited States of America
Purity is a good mask for corruption because it discourages inquiry.
Information is a beacon, a cudgel, an olive branch, a deterrent--all depending on who wields it and how.
When people don’t pay the true cost of something, they tend to consume it inefficiently.
Don't trust, just verify.
Solving a problem is hard enough; it gets that much harder if you’ve decided beforehand it can’t be done.
An incentive is a bullet, a key: an often tiny object with astonishing power to change a situation
Morality, it could be argued, represents the way that people would like the world to work, wheareas economics represents how it actually does work.
The conventional wisdom is often wrong.
As I see it, most major philanthropists have been bullied into giving. They feel social pressure to give. It has become a cost of doing business.
People don't like it, but inevitably we need to think about both the costs and the benefits of health care. We cannot avoid the financial consequences.
Wall Street is populated by a bunch of people whose primary goal is to make money, and the rules are pretty much caveat emptor.
Good social media is authentic. What makes social media work is actually having something to say.
The most obvious things are often right there, but you don't think about them because you've narrowed your vision.
If you really accept that global warming puts the world at risk, then you think you would be open to any solution that could undo it.