Today,
Freakanomics, the podcast.
First, I loved the
books. FREAKANOMICS (2005), and SUPERFREAKANOMICS (2009) were not only fun to
read, they were intuitive even in their counterintuitivity. I also love that
they apply statistical analysis and pattern study integrally in their work.
There is no nonsense, of the sort that used to dominate the study of economics,
that assumes people, groups, nations, classes, et al, decide on their behavior
rationally. I refer you to the last presidential election which is an example
that includes a tangential relationship to economics, plus more. When it comes
to anything, but especially economics, reason does not reign.
I just discovered HOW
TO THINK LIKE A FREAK, which I plan to immediately read.
Meanwhile, the podcast.
Usually running between
a half-hour and an hour, Stephen Dubner, the writer of the 2 authors, hosts a
show, and Steven Levitt, Professor of Economics at the University of Chicago, with many many other credits, is an occasional contributor. Dubner will run an entire
cast on one to three subjects, and the take is refreshing, entertaining, and sticks
to fact.
They will also
re-examine issues that have caused controversy, such as the analysis that
discovered that the reduction in crime, that occurred in the 90s was a direct
result of widely accessible legal abortion. As you may imagine, quite a hue
and cry arose from many interested and agenda-ed parties. So, a few years
later, the two Steves made a new analysis taking into account the criticism
that the first printing, etc., engendered. And yup. The facts led to the same
conclusion. Interesting, many women seem to know whether or not it is good for
the world, for them to bring a child into it. Or perhaps a good world for the
child.
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