McConnell, C. R., Brue, S.L., & Flynn, S.M. (2009). Economics: Principles, problems, and policies (18th ed.). New York: McGraw Hill/Irwin…
The book Freakonomics by Steven D. Levitt and Stephen J. Dubner uses a number of specific examples to demonstrate the idea that incentive shape society. Although the basis of their argument is generally true, how they present their position on each question throughout the book ends up weaken their point.…
The purpose of John Stapleford’s book, Bulls, Bears, and Golden Calves, is to provide a useful overview of economic analysis. Using a Christian view point Stapleford cover a variety of important public policy issues. He uses Biblical thinking, scriptures and ethics to many of today’s major topics in today’s economy, such as: legalized gambling, pornography, economic growth, proper role for government, poverty, the environment, immigration, population control, less developed countries and more. To organize these topics, the book can be broken up into two different main topics. The first topic, which covers chapters 1 through 6, is about developing the proper analytical and ethical basis for analyzing public policy.…
“An expert must be bold if he hopes to alchemize his homespun theory into conventional wisdom …nuance often doesn’t get much attention.” Written by New York Times journalist Stephen J. Dubner and co-authored by John Bates Clark Medal awardee Steven D. Levitt, Freakonomics addresses those conventional wisdoms conceived by the partisan tendencies of the experts behind them; it delves into the economics, or as Levitt puts it, “incentives,” behind…everything. Freakonomics does not attempt to constrain itself to discussion of exchange of goods and services. Its application of economic principles to a variety of scenarios ensures that the book appeals to a general audience rather than remaining an obscure book only read by the academia.…
"Naked Economics: Undressing the Dismal Science" by Charles Wheelan is a book that takes a subject like economics and puts it in layman’s terms so that almost any reader can comprehend what makes an economy, and what it takes for an economy flourish or fail. Naked Economics offers insight into morals, ethics, and regulations associated with economic decisions.…
The book, “Freakonomics,” written by Steven D. Levitt and Stephen J. Dubner, explores and explains the secret causes behind many economic situations. The main argument presented by this book is what economics really is: the study of incentives, and how people are rational, and will do whatever is in their ultimate best interest. Sometimes this will lead them to actions that are moral, and sometimes the very opposite.…
Economics is defined as the study of financial trends. Freakonomics by Steven D. Levitt and Stephen J. Dubner examines the hidden side of everyday events that Levitt has studied throughout his career. Levitt has found that unconventional ways of collecting data and measuring data are occasionally the correct way to put the world in terms that we can all understand.…
The exploration of what it means to be human is heavily focused on in Jonathan Safran Foer’s Extremely Loud & Incredibly Close. The story follows a nine-year-old boy whose father died in the 9/11 attacks as he struggles to find some reason behind it, wondering along the way about existence and, more importantly, human emotion. All humans experience a range of emotions, from happiness to anger and everything in between. One of the most prominent human experiences is loss and the grief that follows it. The grieving process presents itself in many ways, and it is different for everyone. Through examining the text via formalism, which focuses solely on the text itself and not on the author on any other element, it becomes clear that the varying ways of mourning and receiving closure are well represented. The setting, plot, and structure used in the text all tie together the examination of grief as part of what it means to be human—everyone deals with grief, but each person must find a way to do so.…
terrorist attacks in terms of economics and evolutionary biology. The fact that war and its threat were…
Hazlitt, H. (1979). Economics in one lesson: The shortest and surest way to understand basic economics. New York, NY: Crown Publishers. ISBN: 9780517548233.…
“One of the most powerful laws in the universe is the law of unintended consequences” (Levitt, S. 2009) This is one of the primarily premises that the book establishes, with an extraordinary sense of humor and interesting data, Steven and Stephen set us in the real economics world, in which the common factors that all the teachers show to their students are applied in such a way that the real job is getting done. The way the authors write all the interesting facts of today´s modern life, including correct and simple explanations, so that anyone can understand all the topics without having doubts of the concepts and of the more difficult topics of economy. The examples they give provide us a fun way of learning, and of expanding our thoughts far beyond the theory of economics. Throughout the book, we are exposed to historical, political and sociocultural aspects of the example given, not only to give the reader a complete background, but also to make the reader get involved into the facts that are exposed. This book also give us a chance to be reflexive about almost every aspect that we normally do not bother to think of, for instance, the ordinary task of donate money, rather than be a real help to others, people use donations to make them feel more comfortable with themselves, for recognition from the local newspaper or from that cute girl that asked us a coin for any purpose.…
Freakonomics a Rogue Economist Explores the Hidden Side of Everything was written by Steven D. Levitt and Stephen J. Dubner that study everyday life and they reach conclusions with conventional wisdom. They researched about crack gangs, the secrets of the Ku Klux Klan, the truth about real estate agents, and answering questions like why drug dealers live with their moms, and which is more dangerous a gun or a swimming pool? There were several themes in this book such as knowing what to measure and how to measure it makes a complicated world much less so, incentives are the cornerstones of modern life, dramatic effects often have distance, even subtle causes, conventional wisdom is often wrong, and experts use their informational advantage to serve their own agenda. Levitt and Dubner’s most important theme is Conventional Wisdom is often wrong because they proved what the public thought was wrong such as swimming pools are more dangerous than guns and the actual wages of drug dealers. Conventional Wisdom is what the public thinks, but it is often proved wrong. The authors prove the theme that Conventional Wisdom is often wrong most compellingly.…
Kevin, Borgeson, Robin, Valeri. (2009). Terrorism in America. Published by Jones and Bartlett Publishers. Retrieved by Google Scholar at: http://books.google.com/books?hl=en&lr=&id=nuCGVxJGPs0C&oi=fnd&pg=PR11&dq=Terrorism+in+America&ots=cwrYl-sRmr&sig=TfFelxe-ZxGIdjkC1eMpPHGY9Bc#v=onepage&q=Terrorism%20in%20America&f=false.…
McIntyre, Doug. Terrorism 's Effects On Wall Street. Investopedia. 26 Feb. 2009. Web. 7 Nov.…
Hubbard, R. G., & O 'Brian, A. P. (2010, 2009, 2008, 2006). Economics (3rd Ed.). Boston, MA: Pearson Education.…