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Steven D. Levitt

Freakonomics: A Rogue Economist Explores the Hidden Side of Everything

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“Freakonomics: A Rogue Economist Explores the Hidden Side of Everything” is a book written by economist Steven D. Levitt and journalist Stephen J. Dubner. First published in 2005, the book takes an unconventional approach to economics, examining various social phenomena and uncovering unexpected connections and explanations.

In “Freakonomics,” Levitt and Dubner use economic principles and analysis to explore diverse topics and challenge conventional wisdom. The book is divided into several chapters, each focusing on a specific subject. Some of the topics covered include cheating in sumo wrestling, the impact of legalized abortion on crime rates, the economics of drug dealing, and the influence of parents on children’s outcomes.

The authors employ statistical analysis, data mining, and economic theories to delve into these subjects and reveal hidden patterns and incentives that drive human behavior. They draw on empirical evidence and unconventional sources of data to challenge popular assumptions and offer alternative explanations for social phenomena.

“Freakonomics” gained popularity for its engaging writing style, intriguing topics, and the ability to apply economic thinking to unexpected areas of life. The book encourages readers to question conventional wisdom, think critically, and recognize the underlying incentives and motivations that shape various aspects of society.

The success of “Freakonomics” led to the publication of subsequent books and the development of a popular podcast and radio show that further explore the intersection of economics, sociology, and everyday life..

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