Freakonomics, by Steven D. Levitt, is a fascinating exploration of the hidden side of everything, challenging conventional wisdom and revealing surprising connections. By applying economic theory to diverse subjects, Levitt uncovers the patterns and effects that drive our daily lives.
The Power of Incentives
Incentives are the cornerstone of modern life, influencing our decisions and behaviors.
Understanding them is crucial to predicting how people will behave.
The Impact of Parenting
Parenting techniques have less impact on a child’s outcomes than parents’ socio-economic status.
Children succeed more because of who their parents are, rather than what they do.
The Economics of Drug Dealing
Drug dealing, despite its risks, is not as lucrative as it seems.
Most dealers live with their mothers because they can’t afford their own place.
The Illusion of Safety
Perceived safety is often an illusion.
For instance, swimming pools are more dangerous to children than guns.
