Continued: page 123: Looking through the eyes of an economist like John List of the University of Chicago,you realize that many seenmingly altruistic acts no longer seem so altruistic" Such statement is compound-complex with confusion at best as rhetoric.
Page 124: Most giving is, as economists call it,"impure altruism or warm-glow altruism. Comment: It is a matter of perception and reception of the human mind(psyche)Eleemosynary work may be from the heart or otherwise? Who knows?
Page 146: Former Secretary of Defense Robert McNamara made decisons on statistical analysis rather than considered judgment. He behaved like a traditional economist. Here we may detect the fallacy of numerical figures when decisions are based with inaccurate data analysis.Such Media reports should be dealt with cautious cagey reactions.
Francis Shieh aka Xie Shihao,a reader of such book of stories to show the irrational human behavior once a while to challenge the traditional rational behavior as the usual assumptions in economics. "Super-Freaknomics" may be a fitting title if such is established by readers
January 7, 2010 at 2.06 p.m.
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