Excerpt from Freakonomics by Steven Levitt, Stephen J. Dubner, plus links to reviews, writer biography & more
A Rogue Economist Explores the Hidden Side of Every Thing
Concerning this guide
- Reading Guide
This guide, then, happens to be written from an extremely worldview that is specific according to a few fundamental some ideas:
Incentives would be the foundation of contemporary life. And understanding them — or, usually, ferreting them down — is key to solving virtually any riddle, from violent criminal activity to recreations cheating to online dating sites.
The traditional knowledge is usually incorrect. Criminal activity did not keep soaring, cash alone does not win elections, and — shock — consuming eight cups of water a time never really been proven to complete a thing for the wellness. Traditional knowledge can be shoddily created and devilishly tough to overturn, however it can be achieved.
Dramatic impacts frequently have remote, also discreet, causes. The solution to a provided riddle is certainly not constantly appropriate right in front of you. Norma McCorvey had a better effect on criminal activity than did the combined forces of weapon control, an economy that is strong and revolutionary authorities techniques. So did, once we shall see, a guy called Oscar Danilo Blandon, aka the Johnny Appleseed of Crack.
“Specialists” — from criminologists to real-estate agents — use their informational advantage to serve their very own agenda. Nonetheless, they could be beat at their very own game. As well as in the face area associated with the online, their advantage that is informational is each day — as evidenced by, among other items, the dropping cost of coffins and life-insurance premiums.
Once you understand what things to measure and exactly how determine it will make a world that is complicated less so.