Book Review: Freakonomics
I just finished the last few pages of Freakonomics last night, and if you’re looking for an easy read to get your mind thinking in a different direction, this book’s for you. It’s not overly long, and it’s dumbed down so you don’t need a degree in economics to comprehend the details.
Steven Levitt is more of a rogue economist and you can see why he doesn’t fit into the typical ‘economite’ crowd. Levitt looks for what is not present in a set of data instead of taking the data at face value.
Want to know why the crime rate actually fell in the 90’s when major economic experts convinced President Clinton that crime would rage out of control and throw our country into a tail spin? You need to only look a decade or two earlier in history to figure it out, and it has nothing to do with gun control or law enforcement.
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I’ve long heard of people being overcome with their work. Being owned by that driving force that is the “franchise” and so consumed by the need to excel, to achieve. This is Jim Cramer.