Presentation of concepts in an understandable fashion
The very aim of the book is to apply economic theory to real-life problems, problems which economists do not typically deal with. Levitt is successful in doing so without using a lot of economic jargon.
Antidotes or examples to illustrate points
Levitt uses a quite controversial example proposing a link between increased abortions and a resulting reduction in crime rates. He posited that increased abortion resulted in less unwanted children to unprepared mothers, who were often younger, poorer, and residents of poorer neighborhoods. Levitt suggests that such unwanted children were more likely to be criminals than the average child. Thus, the reduction in such children, through abortion, led to a decline in the general crime rate.
How did the book represent public administration and its policies.
This example illustrated the relationship between behavior (mother's abortion of unwanted children), incentives (the preservation of mother's scarce resources), and law (the legality of abortion). The assumption is that banning abortion would stifle a mother's ability to preserve resources, thereby increasing the production of probable criminals. This explanation...
Individuals do not always make career and life decisions according to the mathematical laws of probability or according to strict economic sense, despite the idea that people always go for the biggest paychecks in their working lives. Rather, the individual's perceptions of reality, rather than reality itself can govern his or her vocational choices. It is this same logic in the face of the odds that a young man
Freakonomics to some, from first look, would be considered another boring economics book. But in reality it is far from it. It is an innovative look on how economists view the world.. I learned so much in relation to the way the world works. I enjoyed the readings because they offered insights the "merit pay debate" for public school teachers, an area I was not too familiar with. Regardless of
He also says that it is common to exaggerate information in anything from house ads to resumes. Why do Drug Dealers Still Live With Their Moms? This chapter deals with conventional wisdom and when to question it, such as the idea that all drug dealers are wealthy, when if fact, many still live at home. The premise of this chapter is on how to find the right data to prove or
representative system of government has motivated a vital chain of discussions in the literature about police workers administration and representation of women and racial minorities. The serious questions in this study are: (a.) Does the under oath police force rationally mirror a cross section of the groups being monitored? And (b.) What aspects are measured in representation of women and minority police officers in law-enforcement agencies? Black and Hispanic
"As a case in point we may take the known fact of the prevalence of reefer and dope addiction in Negro areas. This is essentially explained in terms of poverty, slum living, and broken families, yet it would be easy to show the lack of drug addiction among other ethnic groups where the same conditions apply." Inciardi 248() Socio-economic effects Legalizing drugs has been deemed to have many socio-economic effects. A study
When found, these labs must be dismantled by people wearing hazardous material suits." (Halperin 2006-page 1) With the huge budget allocated to Homeland Security, many of the tech-savvy drug producers and dealers can be tracked and busted with the same type of weaponry they use to create the drug product in the first place. Homeland Security's budget allows for the purchase and training for officials. This training allows them the
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