Biography

Steven D. Levitt is an acclaimed American economist and Professor of Economics at the University of Chicago, where he has been a faculty member since 1997. He is widely recognized as the co-author of the best-selling "Freakonomics" series of books, which have revolutionized popular understanding of economic analysis. Levitt’s research is characterized by its application of economic principles to a wide array of unconventional and often surprising subjects, ranging from the causes of crime and the economics of sumo wrestling to the incentives of drug dealers and the efficacy of various parenting strategies. His work consistently challenges established assumptions and uses empirical data to uncover surprising causal relationships in complex social phenomena. This unique, data-driven approach, often delving into areas traditionally ignored by economists, has made him a leading figure in popularizing economic thought, demonstrating its profound relevance to everyday life and human behavior. He co-founded and directs the Becker Center on Chicago Price Theory.

Selected Thoughts

«The conventional wisdom is often wrong.»

«Morality, it could be argued, is a system of rules for getting along in a society. If you don't have a society, you don't need morality.»

«An incentive is a bullet, a lever, a key: an often tiny push that can change a situation in a big way.»

Writing Style

Accessible, data-driven, unconventional, analytical, inquisitive, often challenges conventional wisdom with empirical evidence, and utilizes economic principles to explain social phenomena.

Key Themes

Applied economicsIncentives and human behaviorUnintended consequencesData analysis and correlationChallenging conventional wisdom