McConnell, C. R., Brue, S.L., & Flynn, S.M. (2009). Economics: Principles, problems, and policies (18th ed.). New York: McGraw Hill/Irwin…
The book Freakonomics by Steven D. Levitt and Stephen J. Dubner uses a number of specific examples to demonstrate the idea that incentive shape society. Although the basis of their argument is generally true, how they present their position on each question throughout the book ends up weaken their point.…
The purpose of John Stapleford’s book, Bulls, Bears, and Golden Calves, is to provide a useful overview of economic analysis. Using a Christian view point Stapleford cover a variety of important public policy issues. He uses Biblical thinking, scriptures and ethics to many of today’s major topics in today’s economy, such as: legalized gambling, pornography, economic growth, proper role for government, poverty, the environment, immigration, population control, less developed countries and more. To organize these topics, the book can be broken up into two different main topics. The first topic, which covers chapters 1 through 6, is about developing the proper analytical and ethical basis for analyzing public policy.…
“An expert must be bold if he hopes to alchemize his homespun theory into conventional wisdom …nuance often doesn’t get much attention.” Written by New York Times journalist Stephen J. Dubner and co-authored by John Bates Clark Medal awardee Steven D. Levitt, Freakonomics addresses those conventional wisdoms conceived by the partisan tendencies of the experts behind them; it delves into the economics, or as Levitt puts it, “incentives,” behind…everything. Freakonomics does not attempt to constrain itself to discussion of exchange of goods and services. Its application of economic principles to a variety of scenarios ensures that the book appeals to a general audience rather than remaining an obscure book only read by the academia.…
There are a vast majority of accounts to show that economic status does not always directly lead to engagement or non engagement in terrorism. “It is possible, for example, that well-educated individuals will disproportionately participate in terrorist groups if they think that they will assume leadership positions if they succeed, or if they identify more strongly with the goals of the terrorist organization than less-educated individuals.” “Alan B. Krueger and Jitka Maleckova” Does Poverty Cause Terrorism?, June 23 2002. A relevant case pertaining to this subject is the San Bernardino shooting, the people who carried out this crime were middle class, and further brings to question how related poverty is to substantial acts of violence. There is no distinct correlation between poverty and terrorism, which has come to be shown multiple times through case studies of different areas of the…
Economics is defined as the study of financial trends. Freakonomics by Steven D. Levitt and Stephen J. Dubner examines the hidden side of everyday events that Levitt has studied throughout his career. Levitt has found that unconventional ways of collecting data and measuring data are occasionally the correct way to put the world in terms that we can all understand.…
The exploration of what it means to be human is heavily focused on in Jonathan Safran Foer’s Extremely Loud & Incredibly Close. The story follows a nine-year-old boy whose father died in the 9/11 attacks as he struggles to find some reason behind it, wondering along the way about existence and, more importantly, human emotion. All humans experience a range of emotions, from happiness to anger and everything in between. One of the most prominent human experiences is loss and the grief that follows it. The grieving process presents itself in many ways, and it is different for everyone. Through examining the text via formalism, which focuses solely on the text itself and not on the author on any other element, it becomes clear that the varying ways of mourning and receiving closure are well represented. The setting, plot, and structure used in the text all tie together the examination of grief as part of what it means to be human—everyone deals with grief, but each person must find a way to do so.…
The book, “Freakonomics,” written by Steven D. Levitt and Stephen J. Dubner, explores and explains the secret causes behind many economic situations. The main argument presented by this book is what economics really is: the study of incentives, and how people are rational, and will do whatever is in their ultimate best interest. Sometimes this will lead them to actions that are moral, and sometimes the very opposite.…
"Naked Economics: Undressing the Dismal Science" by Charles Wheelan is a book that takes a subject like economics and puts it in layman’s terms so that almost any reader can comprehend what makes an economy, and what it takes for an economy flourish or fail. Naked Economics offers insight into morals, ethics, and regulations associated with economic decisions.…
predicted and used to stimulate or punish people, but like in the “Daycare Dilemma,” are…
terrorist attacks in terms of economics and evolutionary biology. The fact that war and its threat were…
Decisions are one of the most detrimental aspects of life. They range from what we do today to what we think of the newest trends. People always believe that their decisions are made at their own discretion, however, more often than not, the things we do are a result of the thoughts, actions, and ideas of the people around us. The effects of influence are everywhere, yet no one seems to notice. In the article “The Invisible Influence”, Jonah Berger discusses the positive and negative impacts it has on our lives. In the book Ender’s Game, Orson Scott Card shows how easily children can be swayed by the environment they grow up in, which leads them to make skewed decisions, both good and bad. In both texts, the authors illustrate how the looming presence of influence drives many of our decisions in our daily lives.…
Hazlitt, H. (1979). Economics in one lesson: The shortest and surest way to understand basic economics. New York, NY: Crown Publishers. ISBN: 9780517548233.…
Kevin, Borgeson, Robin, Valeri. (2009). Terrorism in America. Published by Jones and Bartlett Publishers. Retrieved by Google Scholar at: http://books.google.com/books?hl=en&lr=&id=nuCGVxJGPs0C&oi=fnd&pg=PR11&dq=Terrorism+in+America&ots=cwrYl-sRmr&sig=TfFelxe-ZxGIdjkC1eMpPHGY9Bc#v=onepage&q=Terrorism%20in%20America&f=false.…
McIntyre, Doug. Terrorism 's Effects On Wall Street. Investopedia. 26 Feb. 2009. Web. 7 Nov.…