Freakonomics. Book Summary

Share

Steven D. Levitt, Stephen J. Dubner

What’s inside

Freakonomics, co-authored by economist Steven D. Levitt and journalist Stephen J. Dubner, is a groundbreaking work that challenges conventional wisdom and applies economic theories to a wide range of real-world phenomena. By exploring the hidden side of everything, from crime rates to parenting styles, it reveals how economic principles impact our daily lives in unexpected ways. The book uses rigorous data analysis to debunk myths and uncover the incentives that drive human behavior, making economics accessible and entertaining.

You’ll Learn

  • Understanding the real-world application of economic principles
  • Gaining insights into unconventional ways of problem-solving
  • Learning to question conventional wisdom
  • Discovering the unexpected factors that influence decision-making

Key Points

  • The hidden incentives behind human behavior
  • How conventional wisdom is often wrong
  • The economics of drug dealing
  • The impact of names on success
  • Cheating in the world of sumo wrestling
  • The role of information in empowering experts

Who’s it For

  • Economics enthusiasts
  • Data scientists
  • People interested in human behavior
  • Fans of non-traditional approaches to knowledge

About the author

Steven D. Levitt is an innovative and award-winning economist with a flair for uncovering the hidden aspects of modern life. Stephen J. Dubner, a journalist known for his curiosity and engaging writing style, collaborates with Levitt to make complex economic concepts accessible to a broad audience. Together, they deliver a fascinating take on economics through their compelling storytelling.