So far I enjoyed reading this book. Topics are interested and taken from daily life observations. The text is easy to read, not technical at all. However, while I was reading it, I kept catching myself thinking that delivery could be better. In some parts text is not coherent. They start with one example, then move to another, and then back to the old example. Instead of jumping back and forward I would prefer just moving forward. Overall, I would advice you to get this book especially if you are curious about economics but have trouble connecting it to real life situations.
This book takes everyday situations and explains them in economics terms. It explains the difference between an action causing a reaction and an action that appears to be caused but is in reality only a byproduct. The author offers very factually based examples of why our world is as it is. Chapter titles such as "Why do drug dealers still live with their mothers?" and "What do school teachers and Sumo wrestlers have in common?" make the content of this book irristable. And ultimately very difficult to put down. Since I read this book I have looked at the world in a different light.
Really covers the underlying economics and motivation behind a number of issues (though the different chapters are not really connected.) Very well written and presented in English rather than a statistical format. There are a few controversial issues, but it is particularly hard to argue with the conclusions the authors draw after the evidence is presented. I totally recommend this book for pretty much anyone, though I think people on the extreme side of the political spectrum (both right and left) may take offense to some of the content (though this is definitely NOT the authors' intent.)
Stephen Dubner's freakonomics as the name suggests is somewhat "freaky" in terms of conventional wisdom. Its indeed a bold attempt to question our usual way of looking at social events. For example, the fall of Ku Klax Klan due to the loss of their secrecy and how its is similar to the information hoarding of real estate agents is quite interesting. The authors know how to draw a causal relation between two seemingly unrelated incident like the legalisation of abortion in USA and the drop in crime rate in the mid nineties. Moreover the authors have taken utmost care to justify their reasoning with available data unlike the average journalist or media man. Overall its a very nice and exciting read.
Very informative and fascinating. This is "applied science" at it"s best. The author uses a keen and observant eye to cut through all the obvious facts and discover the underlying reasons for events and the way people act. Even if you might disagree with some of the author's assertions, you will find yourself looking for your own explanations, below the surface and beyond the obvious.
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