Description
Assignment
Listen to the Freakonomics Podcast episode titled “The Maddest Men of All” and answer the following questions. The podcast is available for download below.
- What reason did Mr. Sutherland give for why advertising would not be needed in a perfect economic state? Do you agree with that reason? Why or why not?
- What were the strategies used to retain callers in the News UK’s call center? Why were these strategies useful?
- Why is a loss aversion such a powerful technique?
- According to the podcast, why would someone choose a product from a famous brand over one that is not? Do you agree with the reasoning?
- What was the number one factor in determining longevity and a place of employment? Why is it so important?
- What are the two kinds of thinking? What's the major difference between them?
- What does Mr. Sutherland believe should be done instead of building a high-speed railway in the UK? Why?