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1.
1. The study of economics based upon the priniciple of incentives. Occasionally suggests theories that reactionaries find offensive, such as the notion that legalized abortion reduces crime rates.
2. A book defining the above, co-authored by Levitt and Dubner
Wow, I never thought of that before
by Blah #5 June 05, 2005
 
2.
Freak Economics: a clever meldword coined by authors Steven D. Levitt and Stephen J. Dubnerin in their 2005 book 'Freakonomics: A Rogue Economist Explores the Hidden Side of Everything'. It's economics based on conventional wisdom and not-so-familiar marriage of apparently different factors, people...etc brought together to make business and profit from that oxymoronic combination.
Similiar new economic ventures like freakonomics into the weird and unfamiliar are:
-fiasconomics: study of the rules that govern Sod's Law or what's known as Murphy's Law or Finagle's Law!
-chronomics: coined by Dr. Michael Schuller to mean the study of the laws that govern time in economy and its effect on productivity. Also called bionomics/ time-marketing.
-aeonomics: related closely to the latter and it's the study of economic problems caused by future immortal existence envisioned by Extropians and 'immortalsits'! (ref. arch-anarchy). Also called 'exconomics'.
-neuronomics/ nuerolonomics: neurological economics or neurology-based economy/ neuroeconomics/ neuromarketing...
by hammer---;, hytham May 02, 2007