Freakonomics chapter 1 essay

It is incredibly depressing. I bought his book after listening to a very insightful interview at Slate with Jacob Weisberg. Snyder outlines the tactics Vladimir Putin has used to gain control of Russia through destabilization and othering, and then export chaos around the world.

Freakonomics chapter 1 essay

Overview[ edit ] The book is a collection of articles written by Levitt, an expert who had gained a reputation for applying economic theory to diverse subjects not usually covered by "traditional" economists. In Freakonomics, Levitt and Dubner argue that economics is, at root, the study of incentives.

Discovering cheating as applied to teachers and sumo wrestlers, as well as a typical Washington DC area bagel business and its customers Chapter 2: Information control as applied to the Ku Klux Klan and real-estate agents Chapter 3: The economics of drug dealingincluding the surprisingly low earnings and abject working conditions of crack cocaine dealers Chapter 4: The negligible effects of good parenting on education Chapter 6: In a sumo tournament, all wrestlers in the top division compete in 15 matches and face demotion if they do not win at least eight of them.

The sumo community is very close-knit, and the wrestlers at the top levels tend to know each other well. The authors looked at the final match, and considered the case of a wrestler with seven wins, seven losses, and one fight to go, fighting against an wrestler.

Statistically, the wrestler should have a slightly below even chance, since the wrestler is slightly better. Levitt uses this statistic and other data gleaned from sumo wrestling matches, along with the effect that allegations of corruption have on match results, to conclude that those who already have 8 wins collude with those who are and let them win, since they have already secured their position for the following tournament.

The authors posit that various incentives encourage teachers to cheat by assisting their students with multiple-choice high-stakes tests. Levitt asks, "What would the pattern of answers look like if the teacher cheated?

Freakonomics: A Rogue Economist Explores the Hidden Side of Everything Summary -

In the "Revised and Expanded Edition" this embellishment was noted and corrected: Israeli economist Ariel Rubinstein criticized the book for making use of dubious statistics and complained that "economists like Levitt Legalized abortion and crime effect Revisiting a question first studied empirically in the s, Donohue and Levitt argue that the legalization of abortion can account for almost half of the reduction in crime witnessed in the s.

From a pro-life view of the world: If abortion is murder then we have a million murders a year through abortion. And the few thousand homicides that will be prevented according to our analysis are just nothing—they are a pebble in the ocean relative to the tragedy that is abortion.

When the corrections were made, Foote and Goetz argued that abortion actually increased violent crime instead of decreasing it and did not affect property crime.

Freakonomics chapter 1 essay

They even concluded that the majority of women who had abortions in the s were middle class whites rather than low income minorities as Levitt stated; this was, they stated, because white middle class women had the financial means for an abortion.

To be politically incorrect is one thing; to be simply incorrect quite another. Foote and Goetz, however, soon produced a rebuttal of their own and said that even after analyzing the data using the methods that Levitt and Donohue recommend, the data does not show a positive correlation between abortion rates and crime rates.

Freakonomics commented on the effects of an abortion ban in Romania Decreestating that "Compared to Romanian children born just a year earlier, the cohort of children born after the abortion ban would do worse in every measurable way: John DiNardo, a professor at the University of Michiganretorts that the paper cited by Freakonomics states "virtually the opposite of what is actually claimed": On average, children born in just after abortions became illegal display better educational and labor market achievements than children born prior to the change.

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This outcome can be explained by a change in the composition of women having children: Scholarship in the Service of Storytelling [12] Levitt responded on the Freakonomics Blog that Freakonomics and Pop-Eleches "are saying the same thing" I told a guy in a bar that my favorite novel of the last decade was House of Leaves, he replied with, “Oh, right.

Infinite Jest Junior.”. nationwidesecretarial.comically the “oversized shelf”, adjusted to accommodate textbooks, magazines, and tomes of Infinite dimensions, a .

This piece by Stefan Theil in the FT today on the biases of French and German high school economics textbooks is pretty bad, but it turns out to consist of edited extracts from an even worse essay that he’s published in Foreign Policy..

For example, a one-year high school course on the inner workings of an economy developed by the French Education Ministry called Sciences Economiques et.

Peter M. Sandman: Outrage Management Index

In Chapter 1, Levitt establishes the format he will continue to use for the duration of the book. He begins the chapter with a question–one that might seem ludicrous at first–and then proceeds to answer it using the tools of economic analysis that are the subject of Freakonomics.

May 11,  · In his #1 bestselling books The Tipping Point, Blink, and Outliers, Malcolm Gladwell has explored the ways we understand and change our he looks at the complex and surprising ways the weak can defeat the strong, the small can match up against the giant, and how our goals (often culturally determined) can make a huge difference in our ultimate sense of success.

In the interests of transparency, I have to say that I started this on Friday but didn’t get to post it. So the print and kindle lists are from 11/16 and the audio is from 11/ The cult of greed and power: Scientology and Dianetics Scientology claims to be "the world's largest mental health organization".

What it really is however, is the world's largest organization of unqualified persons engaged in the practice of dangerous techniques which masquerade as mental therapy.