In Chapter one the authors ask “What Do Sumo Wrestlers and Teacher have in Common”. Levitt starts with a daycare, is leaving your children at daycare a few minutes longer than what you pay for cheating and would a fine on parents that did so stop parent from picking up kids late. One daycare thought that it would and imposed a fine. Instead of the late pickups dropping they soared. Levitt goes on to explain that this is because economic incentive did not compare to the counteracting moral incentive that was now removed. With the fine, parents were told that i...
... middle of paper ...
...ecause of what it says about the parents of the child. The final thing they noticed is that when a name becomes popular among the wealthy in about a decade it will no longer be popular among wealthy but popular among the middle-class and middle class names move down to lower class names. All in all the authors determine that the name doesn’t really matter that much.
Overall Freakemonomics was and easy to read, even for those people who don’t read a lot about economics. They are able to use the fundamental notions of economics to interpret just about everything in modern society. It incorporated all areas of economics in interesting ways and provided plenty of data to back up the authors ideas. Whether you agree or disagree with the authors have given plenty of unconventional ideas that will make you question what you have always considered conventional wisdom.
Need Writing Help?
Get feedback on grammar, clarity, concision and logic instantly.Check your paper »
- The book “Freakonomics” by Steven Levitt and Stephen Dubner is a dissection of anecdotes. The authors intensely dismantle ideas that are social norms, using economic and demographic data. The book has no central theme other than to “explore the hidden side of… everything.”pg.14 One chapter the subject will be on corruption in the sumo wrestling community, then another on how legalizing abortion lowers crime rates, then another on what effect parenting has on children. Chapter three explains why the popular idea that most drug dealers were rich is almost entirely false.... [tags: Freakonomics, Steven Levitt]
1106 words (3.2 pages)
- ... He then took the techniques they used to uncover cheating teachers and showed how and when sumo wrestlers were cheating. Levitt points to especially important matches being "thrown," with the "winners" later reciprocating in less important matches, so that top wrestlers can maintain their status. Levitt points out that both groups under the right circumstances will cheat for similar reasons. In Chapter 2 the question is How is the Ku Klux Klan like a group of real estate agents. This chapter is all about information and how it can be used as one of the most powerful economic tools.... [tags: Ku Klux Klan, legalizing abortion]
1722 words (4.9 pages)
- Renowned economist, Steven D. Levitt, and well-known journalist, Stephen J. Dubner, in their collaboration of the book, Freakonomics: A Rogue Economist Explores the Hidden Side of Everything, write in a mostly inoffensive style about extremely controversial topics. Levitt’s and Dubner’s purpose is to inform readers of frequently disputed topics from a purely economic standpoint. They use second person to directly speak to their readers, an impartial tone to show an unusual perspective, and contrast to provide both sides of an argument.... [tags: Freakonomics, Steven Levitt, Stephen J. Dubner]
1067 words (3 pages)
- In the novel, “Freakonomics,” by Steven Levitt and Stephen Dubner, many topics and their hidden sides are brought up that not many people think twice about. This book has no one theme. Instead, it is about “stripping a layer or two from the surface of modern life and seeing what is happening underneath.”(Levitt and Dubner, 2005, pg. 11) They are not looking at the surface of common occurrences or issues, but passed what most people see. They explain the hidden side to everything. This ranges from topics about choosing your child’s name to how guns affect the crime rate.... [tags: Freakonomics by Steven Levitt and Stephen Dubner]
816 words (2.3 pages)
Freakonomics A Rogue Economist Explores the Hidden Side of Everything by Steven D. Levitt and Stephen J. Dubner
- Freakonomics A Rogue Economist Explores the Hidden Side of Everything by Steven D. Levitt and Stephen J. Dubner Freakonomics brings together many combinations of thoughts that one wouldn’t find relevant in companionship. The two authors discuss comparisons that are so off the wall, that you almost question reading the book; however, that is the reason many read the book in the first place. The authors Levitt and Dubner compare in one chapter of Freakonomics the reason why drug dealers live with their moms.... [tags: Freakonomics Levitt Dubner Essays]
1028 words (2.9 pages)
- Incentives are a part of our daily lives, they guide people to do certain things and feel certain ways. Incentives are something that drives/motivates someone to do something. There are three different types of incentived, Economic, Socially, and Morally. Incentives are used to help guide people, but can also be used to trick and individual and be used as an advantage. They relate to the study of economics because incentives are able to influence how we purchase things. Incentives do matter because we care about what others think of us, money motivates us, and our morals control the way we act.... [tags: Freakonomics, Steven Levitt, Stephen J. Dubner]
1299 words (3.7 pages)
- Freakomoics and Identity The book, “Freakomonics A Rogue Economist Explores The Hidden Side of Everything”is the storytelling of Crime, numbers and people. Steven D. Levitt and Stephen J. Dubner speak the numbers of economics in stories of real people living under their real circumstances. Since 1997, Levitt is a Professor of Economics at the University of Chicago who is recognized by Time Magazine as one of the top 100 People Who Shape Our World. Dunber is an author of award winning books and a radio personality for Freakomonics.... [tags: Freakonomics, Steven Levitt, Stephen J. Dubner]
1123 words (3.2 pages)
- Chapter 1: In the novel of Freakonomics written by Steven D. Levitt and Stephen J. Dubner, it clearly shows how economic incentives in our society would make a usual honest person decide to commit the act of cheating. If that person comes across the thought of cheating, it usually is for a personal well being. By that I mean they are obviously doing it for an important reason because normally they would never think about committing an act that is morally wrong. The two groups in the chapter that I feel have the most similar qualities were the teachers and the sumo wrestlers.... [tags: Freakonomics, Steven Levitt, SuperFreakonomics]
1767 words (5 pages)
- The book” Freakonomics” is by Steven D. Levitt and Stephen J. Dubner. The title, “Freakonomics”, is a combination of two words: Freak (which means quirky, unusual, or weird) and economics, but in the sense of economic related to economic activity; the economics that consumer, families and businesses encounter every day. The title reflects the author’s name of the method of economic analysis in aspects of everyday life that normally fall outside the scope of the work of economists. The author’s success is due to the fact that this is a fun book to read, with a little dose of humor.... [tags: freakonomics, steven levitt, economics]
1120 words (3.2 pages)
- In chapter 4 of Freakonomics, “Where Have All the Criminals Gone?” Steven D. Levitt and Stephen J. Dubner discuss and argue the possible reasons for the crime drop in the 1990’s, asking and focusing on the question “just where did all those criminals go” (108). The authors open with a story about the abortion laws in Romania, transitioning into the many factors that could have affected the 1990’s crime drop in America. Some of these factors include the following; Strong economy, increase in police, gun-control laws, the aging of the population, and then their main argument, abortion.... [tags: Freakonomics, Steven Levitt, Roe v. Wade]
772 words (2.2 pages)