Freakonomics: A Rogue Economist Explores the Hidden Side of Everything

Rating:
Green

Genre:
Economics

Author:
Steven D. Levitt, Stephen J. Dubner

Publisher:
Penguin Books(Allen Lane)

ISBN:
978-0-060-73132-8

The Book:
In the book the authors apply the basic concepts of economics to everyday happenings and try to interpret them in a scientific manner. In the process they try to break various myths that surround the phenomenon/incidents covered.

The author simply picks up questions from the world around us and tries to find answers to them using empirical data, rules of economics and common sense.

In the process he underlines the importance of distinguishing Correlation from Causality, and of a critical analysis of everything around us, in particular conventional wisdom.

My Comments:
Looking at everything around us from a rather uncommon, and sensible/logical and critical perspective, that is as severely lacking in people in general as it is required.

Fun, logical, eye-opening.

Popular Books

The McKinsey Engagement: A Powerful Toolkit For More Efficient & Effective Team Problem Solving by Paul N. Friga >> Book review and free preview

The Minto Pyramid Principle - Logic in Writing, Thinking and Problem Solving by Barbara Minto >> Book review