Correlation between the two readings
The two economics books “The New World of Economics” and “Freaknomics” encompasses a correlation in terms of examining the important principles in economics. The only difference that can be observed between the two books is the method of explaining the key concepts in economics. However, correlations are more prominent despite the difference in approach. Freakonomics explains about incentives where people respond to the idea of it whether in a form of moral, social or monetary incentive. For example, in the book, a person is likely to trade something of value in return for an equal value plus an incentive. People will pay ...