Freakonomics: A Rogue Economist Explores the Hidden Side of Everything (P.S.)

Thursday, August 26, 2010

Freakonomics: A Rogue Economist Explores the Hidden Side of Everything (P.S.)

±1±: Now is the time Freakonomics: A Rogue Economist Explores the Hidden Side of Everything (P.S.) Order Today!

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Aug 26, 2010 06:21:36

Which is more dangerous, a gun or a swimming pool?
What do schoolteachers and sumo wrestlers have in common?
How much do parents really matter?

These may not sound like typical questions for an economist to ask. But Steven D. Levitt is not a typical economist. He studies the riddles of everyday life—from cheating and crime to parenting and sports—and reaches conclusions that turn conventional wisdom on its head. Freakonomics is a groundbreaking collaboration between Levitt and Stephen J. Dubner, an award-winning author and journalist. They set out to explore the inner workings of a crack gang, the truth about real estate agents, the secrets of the Ku Klux Klan, and much more. Through forceful storytelling and wry insight, they show that economics is, at root, the study of incentives—how people get what they want or need, especially when other people want or need the same thing.

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±1±: Best Buy Although the main topic of Freakonomics is the economy I feel the most valuable lessons can be found in the presentation of the book. I will admit I was skeptical about the book when I began. I consider myself a fair person and prefer to look at both sides of every argument. Although I did find most of the examples in this work conspiracy based, the way in which they were presented was very believable. Levitt did a great job in presenting information to drive home his hypothesis. Although the hypotheses was often far fetched, he did stand his ground and gave relatable examples. The fact of the matter is that nobody really knows how the economy works. Conservative or liberal, if we really know how the economy worked we would be able to control it. And looking at the last few years and events throughout history we clearly can not. This is a great read if your looking for another point of view, or a fresh look at the "hidden side of everything" on Sale!