Analysis Of Freakonomics

Freakonomics has been an incredibly interesting read and opens up with, what appears to the reader to be, a writing style that somehow personifies the text in a way that only the book itself can articulate. The authors, Steven D. Levitt and Stephen J. Dubner, do an amazing job describing basic economic concepts and rules using intriguing and nontypical examples all while entertaining facts and figures that leave the reader with a dropped jaw. The economist, Levitt, received his bachelors degree in economics from Harvard University, his Ph.D. from M.I.T., and has been a professor of economics at the Chicago School of Law since 1997. On the opposite side of the cover, the award-winning writer, journalist, TV and radio personality, Dubner, has

More specifically, this chapter is about how people, organizations, and businesses often use information they are fortunate enough to have access to against not only their competitors but also against their own consumers. First the authors point out how journalist Stetson Kennedy exploited information to assist the downfall of the racist group, the Ku Klux Klan. Later in the text, Levitt’s research of real estate agents and how they also exploit exclusive information offers a whole other viewpoint on the dialogue. The research shows that real estate agents behave very differently when selling their own homes to ensure that they get the best offer. This type of information exploitation can be seen in many other industries and markets as well as journalism where it can be used to sway

Freakonomics is an important book written to open the eyes of not just next year’s economics graduates, but to the consumers that will learn from the easy to understand text and also find Levitt and Dubner’s research fascinating. I believe the authors wrote this book so that people will begin to analyze and understand for themselves that economics is not merely numbers, but it is data that can be used to explain many different aspects of everyday