Freakonomics: A Rogue Economist Explores the Hidden Side of Everything by Steven D. Levitt and Stephen J. Dubner is a non-fiction book that applies economic principles to analyze various social phenomena. It challenges conventional wisdom with surprising and thought-provoking findings.
The book explores a wide range of topics, including:
- How cheating can be detected using statistical analysis (Chapter 1)
- The role of information asymmetry in the Ku Klux Klan (Chapter 2)
- The economics of drug dealing (Chapter 3)
- How parenting styles can affect children's outcomes (Chapter 4)
- What factors contribute to sumo wrestling success (Chapter 5)
- How the decline in crime rates can be partially explained by the legalization of abortion (Chapter 6)
Freakonomics became a major bestseller and spawned a sequel, SuperFreakonomics, as well as a popular blog and podcast. It is credited with making economics more accessible to a wider audience.
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