Wednesday, October 05, 2005

Freakonomics Freakonomics

I managed to finally get "Freakonomics : A Rogue Economist Explores the Hidden Side of Everything" by Steven D. Levitt and Stephen J. Dubner from the library yesterday. It is every bit as good as I expected - though I do admit to cheating, having read a chapter or two a couple of months ago at the book store waiting for my daughter.

Levitt is a PhD economist, and economics is called the "dismal science". But he doesn't practice it the way you would expect. No Nobel Prize for him. He admits he can't predict the direction of the economy, optimal tax strategy, or, really much of anything that would keep the attention of most economists. Rather, he utilizes the tools of the economics trade to look at and explain real world situations.

Time permitting, I plan to spend more time on the various chapters of the book.

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