Freaknomics: The Hidden Side of Everything

Freakonomics: A Rogue Economist Explodes the Hidden Side of Everything -by Steven D. Levitt and Stephen J. Dubner

This 2005 bestseller isn’t about economics. It’s about exploding assumptions and conventional wisdom using some economic principles and investigative techniques.  Frankly, it will blow your mind.

These subjects might seem strange to you, but the glory is in the way he DISSECTS what everyone “thought” was true, to discover the REAL reasons for the success or outcome of something.

  • Chapter 1: Discovering cheating among teachers and sumo wrestlers
  • Chapter 2: Information control as applied to the Ku Klux Klan and real-estate agents
  • Chapter 3: The economics of drug dealing, including the surprisingly low earnings and abject working conditions of crack cocaine dealers
  • Chapter 4: The controversial role legalized abortion has played in reducing crime.
  • Chapter 5: The negligible effects of good parenting on education
  • Chapter 6: The socioeconomic patterns of naming children
  • I realize that someone looking at these chapter titles is thinking “why should I care about that!”  What you will CARE about is how these guys THINK, how they challenge assumptions in a quest for real understanding. AND you will care about the conclusions they draw about human beings, cultures, institutions, and values.

    These are the guys who broke the story that CRIME in the USA declined due to the rise in the abortion rate. -A conclusion that’s now considered gospel among social scientists.  It’s chapter four in this book, and the authors discuss the ethical and societal ramifications of their conclusion.

    What I love about this book is how it proves that our culture accepts many myths as facts. And how much like sheep we humans really are.

     

     

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    1 Response to Freaknomics: The Hidden Side of Everything

    1. Neil says:

      I just recently re-read this book, and it’s still a good recommendation. As I read it, I thought a lot about THE CHURCH, and how we in the Church have created some FALSE ASSUMPTIONS about why things are the way they are.

      For example… The crime rate during the US Recession continued to stay relatively low, against prevailing wisdom. Barna Research recently noted that giving to churches has not been dramatically affected in certain sizes of churches. Small churches, for example, have done better than expected.

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