In the fifth chapter of Steven D. Levitt and Stephen J. Dubner’s book‚ Freaknomics‚ they begin by talking about parents and risk taking. The book mentions how every few years the parenting “experts” change their mind. One year they may say‚ “Breast feeding is the only way to guarantee a health child‚” while only a few years later another expert will say that‚ “Bottle feeding is the answer.” The book also goes to mention that some experts say‚ “Spare the rod‚ spoil the child;” others say‚ “Spank the
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The Decision Between Incentives Steven Johnson once said‚ “If you look at history‚ innovation doesn’t come just from giving people incentives; it comes from creating environments where their ideas can connect”. In the book‚ Freakonomics‚ by Steven D. Levitt and Stephen J. Dinner‚ Levitt explains that incentives can change one person’s perspective on a situation and motivate them to do something they have not done before. People use incentives to steer others to do something in their favor
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Your Name Here Your Professor’s Name Here Class Name Here 10 April 2009 Analysis and Critique of Freakonomics by Steven Levitts Steven Levitts takes an interesting spin on economics in his book‚ Freakonomics. He uses the tools that are unique to the field of economics to answer several bizarre questions that he has formulated‚ and despite their bizarre nature‚ Levitts manages to use ordinary information to substantiate the equally bizarre answers to those questions. He begins the introduction
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Freakonomics review Chapter 1 An incentive is something that gets someone to do a good thing instead of a bad thing. “An incentive is simply a means of urging people to do more of a good thing and less of a bad thing”(Levitt 17) It relates to the study of economics because people are more likely to do something depending on the incentive they’ll be given. “The banning of cigarettes in restaurants and bars is a powerful social incentive” (Levitt 17). If the incentive means more money‚ there is
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Emanuela Sabau Dr. Geri Harmon English 1101 12/07/2010 Choices Our lives are full of choices‚ from the moment our eyes open in the morning to when they close at night. We make choices every day. Some are considerably easy and we don’t even pay attention to them‚ while others are at times complicated. Some of the choices we have to make in life are easier than others. One of the relatively easier ones is what clothes to wear every day. Selecting what to wear each day can be a horrific‚ time-consuming
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In “ What Should We Worry About‚” Steven D. Levitt and Stephen J. Dubner talk about how humans beings are more afraid of the known instead of being scared of the important risks that are unknown. I understand Levitt and Dubner’s point but I disagree. I do not consider the known risks to be scary. I do fear the unknown‚ things like breast cancer‚ heart disease‚ and any form of viruses that can lead to severe sickness or death. These are things that could cause my loved ones and me great pain and
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On a spur of the moment‚ it recollects my memory of how negative-minded I was when I encountered a big problem‚ especially my second semester at Riverside City College in Professor Crampton’s Math 65 class. Although I did not think of me being negative-minded‚ stress made it seem like I am‚ which resulted in me feeling not motivated. What should I have done? Until I read about the mindsets‚ I realized that I have used my fixed mindset as an excuse. While I need to change my personal mindset‚ but
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Steven D. Levitt and Stephen J. Dubner’s article‚ “SuperFreakonomics: What Should You Worry About?” is a piece that explains what we as humans worry about that aren’t as big of a deal as we think. Levitt and Dubner claim that we are terrible at assessing risk and that we focus more on things like shark attacks and lightning strikes versus things like heart disease which has a more likely chance of doing harm to us. Economics is a key term that they use to explain how we can assess the risks that
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People have to face so many problems nowadays‚ and there are also many solutions for people to choose. But not all solutions work well in some situations. Therefore‚ in the book “Think Like a Freak”‚ S. Levitt and S.Dubner taught readers a lot of specific ways to solve the problem. According to the authors “Think Like a Freak”: “Understanding the incentives of all the players in a given scenario is a fundamental step in solving any problem”. Sometimes‚ the incentives don’t really work well. However
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The most interesting excerpt of “Freakonomics” was the connection made between crime rates and abortions. This passage was fascinating for a few reasons. The first reason being that it makes absolute and complete sense‚ so much so that it should be common sense. This correlation between the legalization of abortion and the rate of crime going down is so simple‚ yet so incredibly profound. This piece of information‚ if used correctly‚ can totally obliterate the argument that pro-choice is a negative
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