Surname 1 Name: University: Course: Tutor: Date: SuperFreakonomics Summary The book entitled SuperFreakonomics, teaches people that many apparent day-to-daymysteries do not need to be very mysterious. People can illuminate and make them even morefascinating when they ask the right questions and be able to draw links. For instance, the booktraces the reduction in violent crime rates to a drop in violent criminals, and borrows more onRoe’s decision that forestall that the existence of some individuals who would be born in tohardship and poverty. According to the data on drug dealing in the city of Chicago it is evident that corporateinstitutions such as McDonald have proved that top managers earning are unreasonably high.While, those in position of supportive staff their earning are below average (The HinduShopping. Par 3). The book continues teaching that the process of pumping Sulphur dioxidestratosphere of the Earth’s Atmosphere, helps in the reduction of the of temperature levels. Thebook goes on teaching that, the process of reducing human activities to reduce levels of carbondioxide in the Earth’s atmosphere will not have any effect. This is based on the reason that,most of the green house gasses in the atmosphere are made of methane not carbon dioxide as itis claimed. The information in this book I already knew is that fascinating and informativeanecdotes. The information that explains that, over the years, prostitution has declined but not
Surname 2on the basis that the society has become morally upright, but since many women are having sexfree. When it is time for holidays, the demand for sex goes higher, and so does the supply, withmany prostitutes serving part time enters the workforce. It is quit challenging for someone toclearly identify a terrorist by just looking at them, but the most appropriate way of identifyingthem is through use of reliable terrorist profiles which has the person’s character which hadbeen documented for long. It is just a common knowledge that raising the estate taxes, oldindividuals with estates usually tend to die earlier before the higher taxes are put in place andwhen these taxes are lowered, they end up dying just after the new taxes are put in place. Onthe other hand, some end up donating organs for the purposes that are altruistic, it is true thatthese states that depend on this, end up loosing millions and millions of lives due to organshortages, whilst, those that usually compensate individuals who donate organs do not havewaiting lists. Fascinating SuperFreakonomics does make usual conclusions on famous andnormal tenuous evidence. It begins with comparing drunk walking and drunk driving. Manynormal assumptions, and guesses are made in this book, it just makes a few calculations andthen concludes, "A drunken walker is eight times more likely to get killed than a drunk driver."(Russell Miller. Par 4). The analysis provide in the book about effect of abortion which was banned in Romania.It provides comparable feature and characteristics of the children which were born and yearbefore and after the ban. The results as explained in the book show that the ban has measurableeffects on the children once they are compared. They would test lower in school, they wouldhave less success in the labor market, and they would also prove much more likely to becomecriminals. (Levitt & Dubner. 118)".
Surname 3 The most interesting part is when the authors used the economic theory. The book statesthat economic theory encompasses the demonstration of cheating among some wrestlers. In thetournament of Sumo, all wrestlers who happen to be in the top division usually compete in around 15 matches, and one may end up being demoted after winning less than 7 matches. Thecommunity of Sumo is very close-knit, and the wrestler placed at the top ranks, tend to knoweach other very well. After looking at the final match and the case of wrestler with seven winsand seven losses, with one game at hand, playing with 8-6 wrestler, according to the availablestatistics, the 7-7 wrestler would have been slightly below as the 8-6 wrestler is slightly better.On the other hand, the 7-7 wrestler in the real sense wins about 80% of time. This kind ofstatistics and data gleaned from the wrestling matches of Sumo, on top of the effects that theallegation of corruption have on the results of matches, were used to conclude that thosealready having 8 wins colludes with those having 7-7, and let them win, as they have alreadysecured their position for the tournament that follows. The author’s effort of demonstrating data mining power is also interesting. It is funny toconclude that various incentives motivate teachers to cheat through the process of helping theircandidates with multiple choice high-stake tests. Such like cheating is inferred from detailedanalysis of candidates’ answers to questions that deal with multiple choices. The least interesting part in this book is the trap of falling too much time with their fansin chapter 5. The part explains about Allie, who tends to be a nice and intelligent well-paidprostitute. “It turns out that Allie is quite a shrewd businesswoman, who does quite well out ofher business. This is only surprising if you think that prostitutes are incapable of behavingintelligently. Its also just one persons story.” (Runciman, 6). This is not interesting as the parttreats interesting anecdotes to an extent that they are substituting hard data. The part continues
Surname 4explaining how drink walking is very dangerous as compared to drinking then driving. On theother hand, it sheds some light on why children vehicle seats might not be safer than seatbelts.In the real sense, the authors poorly expand on the questions presented; hence many questionsare left without answers: for example, it does not explain if more individuals die on their wayhome while drunk and walking since they are simply more drunk, than individuals who stillthink they still have the capability of driving. The author argued that economist just need toconcentrate on their duties and roles which are the areas they can be able to understand what ishappening. Hence, being able to explain the reason of the events being witnessed, thereforeissues such as the rationale of what happens in a car simulation crashing should be done byscientist and engineers. The book did not enhance any knowledge of economics in my mind. After readingFreekonomics, I came out wondering what really Freekonomics was meant to achieve ineconomics. Even the authors in the introduction admit that they did not know either. It justseems that the title was dreamed up in a moment of desperation. At times, the authors stray intoterritories that have been already lucratively colonized by Malcom Gladwell. For instance whenthey point out that raw talents are vastly overrated and that becoming a master in any field ofactivity still needs a lot of practice. However, their touch is much lighter than Malcom’s andthey end up taking enormous relish in absurdity. As an effect, their delight in meeting a highlevel Chicago hooker called Allie who exposed that when she charges more money, she endsup having less actual sex. To a very minute extent, the book is educative in economics. For example learning thatprostitutes in Chicago are statistically more likely to have sex with police officers than to bearrested does not explain anything about incentives. It is also informative as it elaborates on the
Surname 5factors of supply and demand how it supplements each other in the market. The book hasemphasized on the importance of balancing supply and demand with an aim of controlling themarket.
Surname 6 Works SitedLevitt, Steven. & Dubner, Stephen. SuperFreakonomics. New York: HarperCollins, 2009.Runciman, David. Superfreakonomics. 25 October 2009. http://www.guardian.co.uk/books/2009/oct/25/superfreakonomics-steven-levitt-stephen- dubner. November 23 2010Russell Miller. Rev. of SuperFreakonomics by Steven Levitt and Stephen Dubner. 2010. http://bestsellers.about.com/od/nonfictionreviews/gr/superfreakonomics.htm. 23 November, 2010.The Hindu Shopping. Rev. of SuperFreakonomics by Steven Levitt and Stephen Dubner. 2010. http://skp.thehindushopping.com/super-freakonomics-steven-d-levitt-and-stephen-j- dubner/books/9780061932922.htm. 23 November, 2010.