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Freakanomics
Freakanomics
A Rogue Economist Explores the Hidden Side of Everything
William Morrow
ISBN: 978-0061234002
2006 / 336 pages
Non-Member: $20.95
Member: $18.95 (Save 9%)
 

Which is more dangerous, a gun or a swimming pool? What do schoolteachers and sumo wrestlers have in common? Why do drug dealers still live with their moms? How much do parents really matter? These may not sound like typical questions for an economist to ask. But Steven D. Levitt is not a typical economist. He is a scholar who studies the riddles of everyday life - from cheating and crime to sports and child-rearing.

Freakonomics is a collaboration between Levitt and Stephen J. Dubner, an award-winning author and journalist. They usually begin with a mountain of data and a simple question. Some of these questions concern life-and-death issues; others have an admittedly freakish quality. Thus the new field of study contained in this book: freakonomics.

Levitt and Dubner show that economics is, at root, the study of incentives - how people get what they want, or need, especially when other people want or need the same thing. In Freakonomics, they explore the hidden side of almost everything. What unites all these stories is a belief that the modern world, despite a great deal of complexity and downright deceit, is not impenetrable, is not unknowable. Freakonomics establishes this unconventional premise: If morality represents how we would like the world to work, then economics represents how it actually does work.

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