I rarely got the opportunity to find out if the wives were okay with it, but I did see several couples, so I assume they were okay with it. How, then, do you get around it?
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 Superfreakonomics review on education Chapter 6: In a sumo tournament, all wrestlers in the Superfreakonomics review 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? 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. 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.
This outcome can be explained by a change in the composition of women having children:Freakonomics: A Rogue Economist Explores the Hidden Side of Everything is the debut non-fiction book by University of Chicago economist Steven Levitt and New York Times journalist Stephen J.
feelthefish.com was published on April 12, , by William feelthefish.com book has been described as melding pop culture with economics. By late , the book had sold over 4 million copies worldwide.
SuperFreakonomics: Global Cooling, Patriotic Prostitutes, and Why Suicide Bombers Should Buy Life Insurance is the second non-fiction book by University of Chicago economist Steven Levitt and The New York Times journalist Stephen J.
Dubner, released in early October in Europe and on October 20, in the United States. It is a sequel to Freakonomics: A Rogue Economist Explores the.
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