Freakonomics Revised and Expanded Edition: A Rogue Economist Explores the Hidden Side of Everything
- Downloads：2372
- Type：Epub+TxT+PDF+Mobi
- Create Date：2021-12-13 09:51:11
- Update Date：2025-09-06
- Status：finish
- Author：Steven D. Levitt
- ISBN：0063032376
- Environment：PC/Android/iPhone/iPad/Kindle
- Download
Summary
The legendary bestseller that made millions look at the world in a radically different way returns in a new edition， now including an exclusive discussion between the authors and bestselling professor of psychology Angela Duckworth。
Which is more dangerous， a gun or a swimming pool？ Which should be feared more: snakes or french fries？ Why do sumo wrestlers cheat？ In this groundbreaking book， leading economist Steven Levitt—Professor of Economics at the University of Chicago and winner of the American Economic Association’s John Bates Clark medal for the economist under 40 who has made the greatest contribution to the discipline—reveals that the answers。 Joined by acclaimed author and podcast host Stephen J。 Dubner， Levitt presents a brilliant—and brilliantly entertaining—account of how incentives of the most hidden sort drive behavior in ways that turn conventional wisdom on its head。
Which is more dangerous， a gun or a swimming pool？ Which should be feared more: snakes or french fries？ Why do sumo wrestlers cheat？ In this groundbreaking book， leading economist Steven Levitt—Professor of Economics at the University of Chicago and winner of the American Economic Association’s John Bates Clark medal for the economist under 40 who has made the greatest contribution to the discipline—reveals that the answers。 Joined by acclaimed author and podcast host Stephen J。 Dubner， Levitt presents a brilliant—and brilliantly entertaining—account of how incentives of the most hidden sort drive behavior in ways that turn conventional wisdom on its head。
Reviews
Deb O rah
，
3。5
WATSON MULD
，
BUY GUNS， GUNS ACCESSORIES， AND AMMO ONLINEAre you looking for a legit gunshop Online and having it difficult to find one？ Do you want to buy a gun， ammo， and accessories for shooting， training， or hunting？ With the current ammo shortage， hunters， shooting trainers， and the military are finding work difficult。 I had the same problem till I found this good shop that has the best guns and accessories that supply and satisfy me all the time I need ammo， gun， or accessories。 I recommend mailgunandam BUY GUNS， GUNS ACCESSORIES， AND AMMO ONLINEAre you looking for a legit gunshop Online and having it difficult to find one？ Do you want to buy a gun， ammo， and accessories for shooting， training， or hunting？ With the current ammo shortage， hunters， shooting trainers， and the military are finding work difficult。 I had the same problem till I found this good shop that has the best guns and accessories that supply and satisfy me all the time I need ammo， gun， or accessories。 I recommend mailgunandammoshop。com for shooting guns， hunting guns， personal pistols， shotguns， accessories， and ammo。 When you buy a gun online from https://mailgunandammoshop。com， they do top discrete shipping and delivery to your address with 100% security and satisfaction guaranteed。 Their customer service is 100% and I strongly recommend their shop。Contact/Whatsapp: +1（925） 247-8442Website: https://mailgunandammoshop。com/ 。。。more
Megan
，
3。5 stars
Lake
，
Great book！ The amount of connections the authors are able to theorize about between seemingly unrelated topics is marvelous to read。 It’s a great exercise in thinking deeper into things we see， but don’t notice。
John Ellis
，
Interesting and thought provoking read。
Garg Ankit
，
Freakonomics: A Rogue Economist Explores the Hidden Side of Everything by Steven D。 Levitt and Stephen J。 Dubner is a non-fiction book that crunches data to answer relevant questions （that appear funny on the onset） related to the human psyche and behaviour。It is a book by the nerds for the nerds。 If you feel lost seeing a lot of numbers and calculations， this may not be the book for you。Will be definitely picking up the next book in the series。
Stacie
，
Pretty interesting stuff。 But when he says there’s no overarching theme to this book， believe him。 🤨
Scott
，
Brilliant book offering alternative insights on a huge range of topics。 Fantastic read for people who like statistics or possible explanations for unknown concepts - like how baby names often start with wealthy families and， years later， are common names with lower wealth families。
Ashkan
，
Better suited for newspaper columns than a book。 The entire book is just a random collection of cool statistical analysis。
Manohar_shresthahotmail。com
，
What this book is about？This book is about proving us the following 5 conclusions of the working of the world we live in that the 2 writers postulate:Incentives are the cornerstone of modern life。The conventional wisdom is often wrong。Dramatic effects often have distant， even subtle， causes。“Experts”—from criminologists to real-estate agents—use their informational advantage to serve their own agenda。Knowing what to measure and how to measure it makes a complicated world much less so。They do so What this book is about？This book is about proving us the following 5 conclusions of the working of the world we live in that the 2 writers postulate:Incentives are the cornerstone of modern life。The conventional wisdom is often wrong。Dramatic effects often have distant， even subtle， causes。“Experts”—from criminologists to real-estate agents—use their informational advantage to serve their own agenda。Knowing what to measure and how to measure it makes a complicated world much less so。They do so by investigating the to answer totally bizarre co-relations as follows:Chapter 1: The Power of Incentives: what do school teachers and sumo wrestlers have in common？Chapter 2: Information Asymmetry: how is the Ku Klux Clan like a group of real estate agents？Chapter 3: Trust the Data : Why do drug dealers still live with their mums？Chapter 4: Big Effects Can Have Small Causes: Where all have to criminals gone？Chapter 5: Correlation vs。 Causation: What makes a perfect parent？Chapter 6: What Data Can Teach Us: Perfect Parenting part II: Would a Roshanda by any other name smell as sweet The book is hilarious and full of suspense。 You just are dumbfounded everytime with the findings from the writers。 Basically they take publicly available data or get some primary data themselves and try to figure our relationships between various unseeming parameters。 Then they establish if there is any correlational or causational relationship between any parameters。 Chapter 1: The Power of Incentives: what do school teachers and sumo wrestlers have in common？If parents don’t come to pick up their kids on time at school， a financial penalty for every minute late should make them come on time， right？ Wrong。 Data found out that after such a policy more parents came even more late。 What is the inference？ Parents now felt less guilty for not coming on time。 The writers analyzed tonnes of exam papers and concluded some form of cheating could not be ruled out。 The writers also analysed the results of sumo wrestling and concluded that there was an artificial pattern in the outcomes in a certain category of bouts （7-7 vs 8。6 and 7-7 vs 9。5）。In this chapter they explain the school teachers have too much too lose if their students perform not well enough， so they are incentivized to cheat。Similarly in Sumo these 2 categories， the level 7-7 wins 80% of the time because the reward for him is immense whereas for the 8-6 and 9。5 levels the loss is almost immaterial。 Chapter 2: Information Asymmetry: how is the Ku Klux Clan like a group of real estate agents？In this chapter the writer explains how the Ku Klux Clan， a white supremist group in USA， was systematically made defunct by spreading its secret publicly。 Also the writers explains how real estate agents depend of lack of information to make profits。Chapter 4: Big Effects Can Have Small Causes: Where all have to criminals gone？This chapter investigates the cause of rising crime in Romania in the 80s。 The writers corroborate with data that the cause was the act of making abortion illegal in 1966 by the then dictator Nicoale。Also this chapter tells how crime in New York city was eliminated quickly using the “broken window theory”。 Chapter 5: Correlation vs。 Causation: What makes a perfect parent？This chapter explains how economics approach problems using the example of parenting。 Basically it tries to find out the factors that significantly correlate or cause successful children。 They found out 8 main factors that strongly correlate with success of children at school in tests:The child has highly educated parentsThe child has has parents of high socio economic statusThe child’s mother was 30+ at the time of birthThe child has lower birth weight （negative correlation）The parents speak English at home as opposed to hispanic （in USA setting）The child is adopted （negative correlation）The parents are involved is parent teacher association or equivalentThe child has many books at homeChapter 6: What Data Can Teach Us: Perfect Parenting part II: Would a Roshanda by any other name smell as sweet In this chapter， the writers mainly focus in American setting and the white and black community but it is applicable to other countries also。 Basically through experiments and a serious study by a black PhD called Frier， it was found that black people failed in life because of the blackness of their names。 Employers would not call black type of names for interviews。 How is it useful to you in your : LifeThis book teaches you about the statistical analysis of phenomena。 Business The findings in this book are relevant in designing incentive systems for employees。CareerThe findings in this book can help you making the correct decisions。 。。。more
Wanmata
，
เป็นหนังสือที่มีแนวคิดน่าสนใจ นำหลักการทางสถิติ มาอธิบายปรากฏการณ์ในสังคมมีเรื่องเล่าที่น่าสนใจเยอะแต่รู้สึกทิศทางของหนังสือมันสับสนไปหน่อยแต่ละหัวข้อไม่ค่อยไปด้วยกันตัวอย่างที่นำมาเปรียบเทียบ ก็ไม่ได้เชื่อมโยงกันเท่าไหร่ เหมือนตั้งชื่อตอนให้ดูน่าสนใจมากกว่าสรุปว่า อ่านได้เพลินๆ แต่ไม่ติดตรึงในใจถ้า theme ชัดกว่านี้ น่าจะดี
Adam Weisman
，
Amazing！ loved this book！
Ben Robinson
，
Excellent blend of research， statistics and entertainment
Phoenix
，
Steven Levitt is a good storyteller of economist。 This book gives you a easy way to know more about what do economist actually do。 There is a lot of funny story。 Really recommend to all of you。
Amy
，
Very readable， still relevant and gives you a small taste of how economists look at the numbers and sift the data to read how they would like it to - thereby giving you some tools to do that work yourself！Interesting thread he teased out: successful parenting is more about what you are than what you do:if you are hardworking， educated-well paid， honest， thoughtful， curious。The opening roe v wade statement blew my mind as we sit here in 2021 still frickin trying to roll it back。
Tuyến Nguyễn
，
Một cách nhìn thú vị về một số hành động trông cuộc sống。Sự thay đổi của hành động khi chuyển động lực xung quanh 3 thứ là kinh tế， xã hội và đạo đức。Những câu chuyện và kết luận thông qua tổng hợp， phân tích dữ liệu。
KatySue Robinson
，
3。25⭐️
Adam Jungersen
，
Captivating
Keeran Reidling
，
Some interesting premises put forward in this book。 Thoroughly entertaining。
Petar Ivanov
，
Well， this book is certainly not one that suits my personal preferences。 In my opinion， there's a lot of unnecessary content。 I think the book could be much shorter。 However， there're some interesting ideas about the usage of incentives， informational advantage， the fallacy of conventional wisdom， and that correlation doesn't imply causality。 Well， this book is certainly not one that suits my personal preferences。 In my opinion， there's a lot of unnecessary content。 I think the book could be much shorter。 However， there're some interesting ideas about the usage of incentives， informational advantage， the fallacy of conventional wisdom， and that correlation doesn't imply causality。 。。。more
Christine Tambal
，
Interesting take on such serious topics。 I enjoyed how empirical concepts were dumbed down into digestible narration。 The no-theme theme works and inspires readers to be curious at just about anything。
Tom
，
Sort of like when I watch a "classic" 80s movie for the first time 30 years late—this book would probably be better reviewed if I'd read it when it first came out。 Sort of like when I watch a "classic" 80s movie for the first time 30 years late—this book would probably be better reviewed if I'd read it when it first came out。 。。。more
Maaike
，
Leuk boek over zaken uit het dagelijkse leven die eigenlijk raarder/aparter zijn dan we denken
Baba Phoka
，
Greetings ，Hello I am a powerful spell caster，As a powerful spell caster， i cast👩❤️💋👨Marriage spells❤️ Love spells💘 Bring back my ex spells🧘♂️ Weight loss spell 🔐 Remove bad luck spell 💰Financial spell⚽ achieve my dream💪 Protection spell🕯️ Cleansing spell💍 engagement spell 🙎♂️🙍♀️ soulmate🛌🏻 Heal sickness， disease🤰 Pregnancy spell✍️ promotion at workplace💔Divorce spell👨🏼⚖️ Court case spell 💎 I also do Readings E。 T。 C* Just send me a direct message and let me know what you need so I can g Greetings ，Hello I am a powerful spell caster，As a powerful spell caster， i cast👩❤️💋👨Marriage spells❤️ Love spells💘 Bring back my ex spells🧘♂️ Weight loss spell 🔐 Remove bad luck spell 💰Financial spell⚽ achieve my dream💪 Protection spell🕯️ Cleansing spell💍 engagement spell 🙎♂️🙍♀️ soulmate🛌🏻 Heal sickness， disease🤰 Pregnancy spell✍️ promotion at workplace💔Divorce spell👨🏼⚖️ Court case spell 💎 I also do Readings E。 T。 C* Just send me a direct message and let me know what you need so I can give you a permanent solution forever with no side effects。Contact via WhatsApp:+234 9137151912。 Or email mebabaphoka2@gmail。com https://www。facebook。com/babaphokathe。。。 。。。more
Alice
，
This review has been hidden because it contains spoilers。 To view it， click here。 Synopsis:The book starts by giving a brief overview of how the authors look at the world: rather than from a moral point of view， they view humans from an economical point of view， i。e。 they behave irrationally， and only act due to incentives。 The first time we see this is in teaching， and Levitt & Dubner explain that many teachers cheat in order to pass their students through the exams。 However， they can easily be caught due to an algorithm that was created， and this also helps identify the goo Synopsis:The book starts by giving a brief overview of how the authors look at the world: rather than from a moral point of view， they view humans from an economical point of view， i。e。 they behave irrationally， and only act due to incentives。 The first time we see this is in teaching， and Levitt & Dubner explain that many teachers cheat in order to pass their students through the exams。 However， they can easily be caught due to an algorithm that was created， and this also helps identify the good teachers。 They then go on to explain how experts do so well， and explain the term information asymmetry。 The example of real estate agents is used - real estate agents would rather their clients sell their houses for $300，000 than $310，000， because the real estate agent would only earn $150 extra， and would have to wait a lot longer for the higher offer， whereas the client would make an extra $10，000。 This point was backed up by the fact that real estates tend to keep their own houses on the market for longer， and they tend to sell for more。 However， recently the internet has been used more widely to decrease this information gap。 Information asymmetry was also linked to the defeat of the KKK， as when all their secrets were shared， they no longer were able to make people fear them。 The book then goes on to discuss crime rate， and the authors explain the sudden dramatic fall in crime， when it was expected by all the experts to increase significantly。 About 20 years prior， there had been a Supreme Court case which legalised abortions。 When abortions were illegal， only the rich women were able to have an abortion safely， so the lower class mothers were forced to have babies， that were unwanted and born into poverty， which were then likely to become criminals。 However， when abortion was then legalised， this lead to those babies that would be criminals to not be born in the first place， therefore， when they would be older teens （the age most likely for them to commit a crime） they were not around to commit the crimes， meaning crime rate decreased。Finally， the authors discuss parenting， and cover various topics such as what would be a 'good' name to choose for your baby， but because names come in and out of trend continually， there isn't really an answer to it。 They also explain how swimming pools are much more dangerous for children than guns， but that parents don't see risks rationally: they are less familiar with guns， so view them as having a much larger risk。 Thoughts:I found this book really interesting， especially as the authors asked so many questions I have never even thought about。 For me， the most interesting part of the story was about the decrease in crime， and I liked the chapters where the authors analysed all the criminal activities， involving gangs and drugs， as well as murder， and then explained the financial side of it。 I found it really engaging， and felt that I had learned a lot from reading the book。 I also liked the fact I could relate parts to my economics lessons， such as how humans act based on incentives。 It was nice to see how the incentives were broken down into 3 categories - moral， social， and economic - and how the authors gave examples of when one incentive would be more important than another， such as the social incentive of being seen at a voting poll station has more impact on people voting。 I enjoyed the book mainly because it was an interesting approach to explaining economics， and there were a few key theories that can be applied to everyday life。 For example， the book taught me about conventional wisdom， i。e。 those beliefs or ideas that are commonly accepted， regardless of their truth or predictive value - such as how many people assume drug dealers earn loads of money， when in reality， they earn little， if they even earn anything。 Instead， the reason so many people become part of gangs is because they are so desperate to get to the top and be the leader - until the risk of dying outweighs the chances of advancing。 Quotes:“Morality， it could be argued， represents the way that people would like the world to work， whereas economics represents how it actually does work。”“An incentive is a bullet， a key: an often tiny object with astonishing power to change a situation。”“Experts depend on the fact that you don’t have the information they do。 Or that you are so befuddled by the complexity of their operation that you wouldn’t know what to do with the information if you had it。 Or that you are so in awe of their expertise that you wouldn’t dare challenge them。” “But in both instances [real estates & KKK]， the dissemination of the information diluted its power。 As Supreme Court Justice Louis D。 Brandeis once wrote， "Sunlight is said to be the best of disinfectants。”“For emotion is the enemy of rational argument。” 。。。more
Amanda Miller
，
I don’t trust men。 Which is why I didn’t finish this book。
Kelly Burns
，
One of the most interesting books I’ve ever read！ This was such a clever way of explaining data， and if I didn’t hate math with every once of my soul， I’d have a PhD in Econ by now。 They now have a Freakonomocis podcast， which I might like even better than my murder podcasts。 Well， maybe a close second…I love my murder podcasts。
Patty Story
，
I loved this book！ I understood for the first time how things really work in our economy。 Dubner and Levitt scored a home run with this and I couldn’t wait to read the second book on how to think like a freak。
Takoda
，
Got me back into reading pretty much。 For that I say thank you。 Some very fascinating sections too。 Very knowledgeable stuff
Jeswin
，