Why economics is not about numbers

Economics is all around us. At least, that's what Chicago Booth's Ram Shivakumar believes, and he's on a mission to demonstrate that economics is not about numbers or theoretical models, but is at play in many everyday decisions, like whether to order a pizza, where to buy it from and what toppings to get. If economics isn't about numbers, what is it about?

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This episode is 26 minutes long.

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This episode was published on November 5, 2025.

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