The authors of SuperFreakonomics certainly show you how to do just that.
Welcome to the Student’s Guide to SuperFreakonomics! We'll assume you're ok with this, but you can opt-out if you wish. In other words, you need to develop the ability to think like an economist. In economics, this is not the case. A modern alternative to SparkNotes and CliffsNotes, SuperSummary offers high-quality study guides that feature detailed chapter summaries and analysis of major themes, characters, quotes, and essay topics. Focus on the data.Freakonomics: PDF By Steven Levitt & Stephen DubnerThe Better Angels of Our Nature PDF by Steven Pinker The purpose of this guide is to help you better understand the analyses presented in SuperFreakonomicsby providing a sort of “bridge” between the material covered in a traditional course in Economic principles and topics addressed in what we consider to be one of the most fascinating books we’ve encountered in the economics literature. Superfreakonomics is the follow-up book to the insanely popular Freakonomics, published in 2009, by Steven Levitt and Stephen J. Dubner.
So far, all of these ideas have backfired horribly, leading only to creative ideas on how to But even the incentives that do work won’t do so for everyone, and all of them will have Don’t forget: all incentives have intended and unintended consequences!What do scientists do if they can’t find the solution to a problem?
The purpose of this guide is to help you better understand the analyses presented in SuperFreakonomics by providing a sort of “bridge” between the material covered in a traditional course in Economic principles and topics addressed in what we consider to be one of the most fascinating books we’ve encountered in the economics literature.
However, the lessons I want to share with you are on a more general level, because I think that will help you the most to really embrace the ideas of this book.Here are 3 lessons to help you see the world as clearly as possible:Do you think predicting human behavior is tough? Freakonomics lived on the New York Times bestseller list for an astonishing two years.
The purpose of this guide is to help you better understand the analyses presented in SuperFreakonomics by providing a sort of “bridge” between the material covered in a traditional course in Economic principles and topics addressed in what we consider to be one of the most fascinating books we’ve encountered in the economics literature.Many students view economics as a very difficult, if not impossible, course to master. The material presented here is intended to make your job easier still.There is no doubt but that this topic may prove particularly uncomfortable for many of you.
While you need to understand the meaning of basic terms and concepts, you also need to be able to apply economic concepts in specific situations. In many courses, simple memorization is enough.
SuperFreakonomics illustrates how applying an economic approach can help us change this. Dubner and Levitt have coined this phrase to describe For example, in Germany, the government keeps trying to get people to produce less waste with fun ideas like picking up trash only once every three months, downsizing trash cans or introducing volume-based fees. There’s something about reducing issues to numbers that forces you to think rationally and look at what’s The 27 year old research assistant, who’s dealing with a really tough problem this semester, and can’t find the solution in her data, the 44 year old sales team leader, who has to figure out a new incentive system for his team, and anyone who’s never run a survey before.Four Minute Books participates in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising commissions by linking to Amazon.This website uses cookies to improve your experience. Now authors Steven D. Levitt and Stephen J. Dubner return with more iconoclastic insights and observations in SuperFreakonomics—the long awaited follow-up to their New York Times Notable blockbuster.
For especially difficult problems, the solution often lies one level above the realm of the issue itself.
A single data point, an extreme value or outlier, or the data points you Similarly, it’s sometimes easier to find solutions that prevent a problem of occurring in the first place, rather than solve it after it is present.In the same way, the car seatbelt was developed in the 1950s: why not protect the head from being flung around in the first place, rather than trying to make it land soft upon collision?So when you face a complex problem, zoom out, take a step back and look outside the realm of standard data.Lastly, since the most valuable pieces of data are the ones you rarely observe, plus those that you find are missing from the normal picture, you need a lot of data to find them.For example, with Four Minute Books I’ve built in plenty of places where people can leave feedback, such as That way, I’m always collecting more data on autopilot, which I can then combine with specific questions at certain points in time, for example the survey I sent out before creating Time 2 Read in the first place.Data never hurts, to the contrary, so make sure you’re always getting more of it!Statistics is a topic that really speaks to me in 2016.
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