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Freakonomics: A Rogue Economist Explores the Hidden Side of Everything (Freakonomics, #1)

2005 . Economics, Non-fiction, Business & Finance . Steven D. Levitt, Stephen J. Dubner

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Everyone

About the book

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Which is more dangerous, a gun or a swimming pool? What do schoolteachers and sumo wrestlers have in common? Why do drug dealers still live with their moms? How much do parents really matter? What kind of impact did Roe v. Wade have on violent crime? Freakonomics will literally redefine the way we view the modern world. These may not sound like typical questions for an economist to ask. But Steven D. Levitt is not a typical economist. He is a much heralded scholar who studies the stuff and riddles of everyday life -- from cheating and crime to sports and child rearing -- and whose conclusions regularly turn the conventional wisdom on its head. He usually begins with a mountain of data and a simple, unasked question. Some of these questions concern life-and-death issues; others have an admittedly freakish quality. Thus the new field of study contained in this book: freakonomics. Through forceful storytelling and wry insight, Levitt and co-author Stephen J. Dubner 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. In Freakonomics, they set out to explore the hidden side of ... well, everything. The inner workings of a crack gang. The truth about real-estate agents. The myths of campaign finance. The telltale marks of a cheating schoolteacher. The secrets of the Ku Klux Klan. What unites all these stories is a belief that the modern world, despite a surfeit of obfuscation, complication, and downright deceit, is not impenetrable, is not unknowable, and -- if the right questions are asked -- is even more intriguing than we think. All it takes is a new way of looking. Steven Levitt, through devilishly clever and clear-eyed thinking, shows how to see through all the clutter. Freakonomics establishes this unconventional premise: If morality represents how we would like the world to work, then economics represents how it actually does work. It is true that readers of this book will be armed with enough riddles and stories to last a thousand cocktail parties. But Freakonomics can provide more than that. It will literally redefine the way we view the modern world. (front flap)

Year:

2005

Language:

English

Publisher:

William Morrow

Pages:

320

ISBN:

0061234001 (ISBN13: 9780061234002)

Reviews

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Asbjørn Holmlund

1 month ago

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Awesome book with funny examples demonstrating pioneering economic theory!

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JB Bys

6 months ago

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When someone can take a complex topic and explain it very simply using examples that are easy to understand then it's clear they've mastered their content. When you read this book their explanations are so amazingly simple to understand that it makes you wonder why you didn't already know what they know. The writing style flows well and makes it an enjoyable. It's a great read I highly recommend it

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John Madsen

11 months ago

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Tankevækkende bog der dykker ned i materien omkring hverdagsanliggende, og forsøger via massiv dataindsamling og simple økonomiske modeller, at kortlægge sammenhænge og redegøre for globale tendenser. Særligt afsnittet om Roe v Wade, satte dybe spor i mig. Jeg går stadig en gang i mellem og genkalder den del af bogen og hygger mig med at tænke det igennem. Som et mentalt maltbolsje. Ej okay.

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Markus Marañon Straarup image

1 year ago

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Really tales complex stuff and adds a new perspective, and makes it easy to comprehend.

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Wynsley Kuo

1 year ago

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Thought provoking insights via mining decades of data. I would bet Amazon and Google could write today’s book with shocking revisions and brand new insights

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Morten V Schroeder image

2 years ago

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Great book! Takes basic economic concepts and uses them to explain everyday behavior

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Esben Poulsen

2 years ago

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Loved the book! Educational and interesting!