Book Report: Freakonomics For my fourth quarter book report I decided to read Freakonomics by Steven D. Levit and Stephan J. Dubner. To be honest‚ I was dreading reading this book. My first thought was that it was going to be boring and like all economic textbooks‚ but I am happy to say that I was pleasantly surprised! Not only is this book easy to read and understand‚ but it also completely changed my outlook on the subject of economics. I now have an appreciation for economics and understand
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Freakonomics a Rogue Economist Explores the Hidden Side of Everything was written by Steven D. Levitt and Stephen J. Dubner that study everyday life and they reach conclusions with conventional wisdom. They researched about crack gangs‚ the secrets of the Ku Klux Klan‚ the truth about real estate agents‚ and answering questions like why drug dealers live with their moms‚ and which is more dangerous a gun or a swimming pool? There were several themes in this book such as knowing what to measure and
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Professor Bucher ENC 1101 21/11/2012 Freakonomics: Book V.S. Movie "She’s a super freak‚ super freak‚ she’s super freaky yow!" Rick James wasn’t the only person to portray a message about "freaky" matters. Authors Steven D. Levitt and Stephen J. Dubernin coined together to write a book called Freakonomics. Freakonomics is the study of economics based upon the principle of incentives. On certain occasions‚ there are some theories that suggests reactionaries and economists find offensive by
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Freakonomics At the time of Christmas Day of 1989 was when there was an overlap of crime rate. While in Romania the abortion Nicolae Ceausescu went out of power the crime rate in the United States was at its peak. Eventually in 1990 crime rate began falling‚ so fast that no one had a clue as to what was going on and what was the cause of this. In 1991 to 2001 there was 8 articles published as how law changes the crime rate. When in all reality only three can be shown to have contributed to the
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Freakonomics: Reading Questions Chapter 1: Why do school teachers and sumo wrestlers cheat? 1. An incentive is something that is used to motivate or use as an encouragement to improve whatever the person is doing. In studying economics‚ incentives are used as form of payments‚ to encourage businesses to succeed in whatever they are doing. 2. The United States government puts a tax on foreign car companies to help United State citizens encourage to buy the American made cars. This acts
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FREAKONOMICS Gabriela Medina Post University Freakonomics is intended to challenge ones prior beliefs and the conventional wisdom of the reader. Conclusions derived from various investigations described throughout the book will often shock you. Some may even irritate your sensitivities. The authors‚ Steven D. Levitt an economist and Stephen J. Dubner a writer‚ do not argue that conventional wisdom is “always” wrong‚ but they do conclude that the conventional wisdom used as an explanation
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mothers who at the time may have not wanted a child. “…The cohort of children born after the abortion ban would test lower in school‚ they would have less success in the labor market‚ and they would also prove much more likely to be criminals” (Freakonomics‚ Dubner and Levitt). According to Ceausescu‚ "The fetus is the property of the entire society. Anyone who avoids having children is a deserter who abandons the laws of national continuity.” (http://www.ceausescu.org/ceausescu_texts/). The consequences
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Nick McNosky Econ 250 9-25-14 Freakonomics If there is one main idea of this book‚ it is that economics can explain many things. What the authors of the book are trying to do is to promote economic thinking. Chapter one (What do school teachers and sumo wrestlers have in common?) mainly talks about the human nature of cheating. For every clever person who goes to the trouble of creating an incentive scheme‚ there are many of people who will inevitably spend more time trying to beat
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economic could let crime rates to drop. However‚ the fact is actually not‚ before 1992‚ American has strong economic. However‚ in fact‚ in these times‚ crime rates were very high. Furthermore‚ according to “Levitt D. Steven and Stephen J. Dubner” (Freakonomics 3). We know homicide fell at a greater rate during the 1990s than any other sort of Crime and number of reliable studies have shown virtually no link between the economy and violent crime. For example‚ if some people are rich‚ some people are very
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FREAKONOMICS A Rogue Economist Explores the Hidden Side of Everything Steven D. Levitt and Stephen J. Dubner CONTENTS AN EXPLANATORY NOTE In which the origins of this book are clarified. INTRODUCTION: The Hidden Side of Everything In which the book’s central idea is set forth: namely‚ if morality represents how people would like the world to work‚ then economics shows how it actually does work. Why the conventional wisdom is so often wrong…How “experts”—from criminologists to real-estate
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