Names are correlated with your life outcomes, but they’re a only a reflection (not a cause) of your circumstances.
Would a Roshanda by any other name smell as sweet? Parenting strategies and techniques matter much less than you think. in the 1990s is not due to most of the factors we read about in the newspapers. Most drug dealers make much less money than we think. Why do drug dealers still live with their moms?
They both use/manipulate information for their own gains. How is the Ku Klux Klan like a group of real estate agents? They respond to incentives, and will cheat if the incentives are “right”. What do schoolteachers and sumo wrestlers have in common? Here’s an overview of the 6 main Freakonomics chapters and the key message behind each one: In each chapter, the authors ask a seemingly-strange question, then use detailed stories and data to uncover the unexpected and often-uncomfortable truths. The book is presented in 6 key chapters with no unifying theme. To read the various real-life examples and analyses by the authors in detail, do get a copy of the book, or get a detailed overview with our complete book summary bundle. In this Freakonomics summary, we’ll briefly outline the key ideas presented in the book. We tend to see things through our morals and ideals, when everything actually operates based on economic incentives and disincentives. Dubner, explores a range of topics from crime to parenting to show that that things are often not what they seem. Economics is fundamentally about understanding how people respond to incentives to get what they want and need.
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