Freakonomics - A Rogue Economist Explores the Hidden Side of Everything

Steven D. Levitt, Stephen J. Dubner

Key Insights from "Freakonomics"

  • Economics is not just about money, but about incentives and how they shape decision-making.
  • The importance of asking the right questions and challenging conventional wisdom.
  • Information asymmetry and how some individuals or groups use it to their advantage.
  • Correlation does not imply causation; the importance of understanding underlying factors.
  • Real estate agents and the Ku Klux Klan share a commonality: they both relied on information asymmetry.
  • The drop in crime rates in the 1990s was not primarily due to innovative policing strategies or a booming economy, but largely due to the legalization of abortion in...

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Antoni Peychev
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