Many people enjoy using the honor system.
Further Explanation:
<u>Freakonomics is a debut non-fiction book by the University of Chicago and it was written by economist Steven Levitt and New York Times journalist J. Dubner in the year 2005 and this book has described the melding of ‘pop culture’ with economics and has sold over 4 million copies worldwide.</u> In this book, the authors try to exhibit the power of ‘data mining’ because of the results that emerged from Levitt’s analysis which he did on various databases. Freakonomics has been received criticism from many authors for its work of sociology and criminology instead of focusing on economics and many critics have even gone on to say that Freakonomics is nowhere related to economics.
<u>The above-given statement from the question is from the Freakonomics and it says that in today’s scenario people are good even without enforcement and the reason behind this is that people enjoy using the honor system. </u>
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Learn More:
1. Why were taxes an ongoing source of conflict for the American colonists?
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2. The most influential and powerful members of a political party are most likely found
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Answer Details:
Grade: High School
Chapter: Freakonomics
Subject: English
Keywords:
Freakonomics, Honor, system, J. Dubner, Steven Levitt, Chicago, New York Times, Criticism, analysis.