Freakonomics – Investigative Economics

Freakonomics is a very insightful book about all sorts of Economics investigations “by University of Chicago economist Steven Levitt and New York Times journalist Stephen J. Dubner published in 2005“. See the authors’ blog here. I am learning lots from this insightful work.

Here is an excerpt from Wikipedia’s entry on Freakonomics,

The book’s topics include:
▪ Chapter 1: Discovering cheating as applied to teachers and sumo wrestlers (See below)
▪ Chapter 2: Information control as applied to the Ku Klux Klan and real-estate agents
▪ Chapter 3: The economics of drug dealing, including the surprisingly low wages and abject working conditions of crack cocaine dealers
▪ Chapter 4: The controversial role legalized abortion has played in reducing crime. (Levitt explored this topic in an earlier paper entitled “The Impact of Legalized Abortion on Crime.”)
▪ Chapter 5: The negligible effects of good parenting on education (instead, the authors assert that it is what the parents are, not what they do, that makes a difference)
▪ Chapter 6: The socioeconomic patterns of naming children

Here is NPR’s “Freakonomics’: Musings of a ‘Rogue Economist“. And here is Malcom Gladwell’s (author of Tipping Point) comments of the book.

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