Esteemed economists and writers, Steven Levitt and Stephen Dubner, wrote the book Freakonomics to delve into the inner workings of economics. Freakonomics discloses the unpredictable effects of incentives beneath ordinary situations. Levitt and Dubner sail on an informal tone by asking questions and breaking up their writing, in order to maintain a witty connection with the audience.…
This is an amazing book about the effect of gasoline prices on the world. The author starts off by describing what happen in 2008 when the countries gas prices soared to historical highs $4 a gallon. Some people only look at the bad side of gas going up and never consider the good things that can come out of it. In this book the upside and downside of rising gasoline prices are examined, and I find out some surprising facts about gasoline prices rising. For instance when the gas was up to $4 a gallon, Americans drove 100 billion miles fewer than the year before. This lessens the amount of traffic accidents. The price of gas will inevitably increase and each increase will bring on new challenges that will force us to change our life style in one way or another and as the middle class keeps expanding more and more cars are being bought and driven, thus keeping the demand for gasoline steadily rising. At $4 a gallon SUV’s became a thing of the past and Hybrid cars became the car to get.…
White’s main points relate to the automotive revolution. Environmentalists want car companies to determine how to make alternatives to the regular petroleum-fueled engine. White explains alternative methods that could persuade the automotive industry to go green, such as using ethanol or other biofuels to power one’s car (332). However, while explaining these particular processes, he gives his own opinion on how well these changes will really affect the industry in the long run. The author adds that “technological change is best done incrementally” (332).…
Al Gore’s presentation on global warming has opened minds across the globe. He has set a level of awareness and elevated thinking through any reasonable person’s logic concerning the well being of the planet. The theory has developed into facts, and consumers are making a conscious effort at the cash register by purchasing more “Earth- friendly” merchandise. Rather than conflict with the environment, consumer decisions and responsibilities play a major role in the prosperity and future of our planet.…
The two authors of Superfreakonomics, Levitt and Dubner, argues if a human is purely self-giving in the third chapter of the book. They exemplify numerous experiments and cases and then conclude that human is both altruistic and apathetic depending on incentives human face and environmental conditions.…
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.…
Harford, Tim, The Undercover Economist: Exposing Why the Rich Are Rich, the Poor Are Poor and Why You Can Never Buy a Decent Used Car, New York: Little Brown, 2005.…
In his essays “Kids, Trees, and Climate Change” and “The Green Dream” Mark Hertsgaard informs us of a current would issue that is occurring that was created by humans, global warming. Americans should take global warming as a serious matter because it could extinct some plants or animals due to the climate warming up which is not suitable for some species. Also it creates ice caps to melt at rapid speeds which could lead to parts of the states that live on a border of the ocean to flood. Mark describes the issue and advises what needs to be done by first grabbing our attention. In “The Green Dream” he stated that each year, the United States government purchase 56,000 new vehicles from Detroit for official use.…
America is a material world, a world of frequent fliers and heated swimming pools, that makes comfort and indulgence a priority. What used to be a fast paced culture is now a society expectant upon immediate gratification, whose inhabitants are more likely to drive an SUV two blocks to McDonald’s rather than walk to the nearest market. It’s a country where the norm is to own more than one car per family, where meat is often a part of every meal, where you can find central air and state of the art appliances in any given middle class home. And in a country as fabulous and extravagant as America, the cost of living acquires a whole new meaning. America is one of the leading contributors of carbon dioxide emissions in the environment because of its eco-unfriendly culture. These harmful emissions trap heat in the Earth’s atmosphere, leading to climate change and other environmental problems. By accelerating what is known as “the greenhouse effect”, American lifestyles have begun to affect the lives of those all over the world – a situation for which responsibility needs to be taken. Though there are varying opinions on how to go about resolving America’s impact on the environment, the best solution would be to implement what is known as a Cap and Trade system – a system that would be the most efficient means of decreasing carbon dioxide emissions, ultimately bringing in the reigns on environmental, economic and health problems worldwide.…
For my fourth quarter book report I decided to read Freakonomics by Steven D. Levit and Stephan J. Dubner. To be honest, I was dreading reading this book. My first thought was that it was going to be boring and like all economic textbooks, but I am happy to say that I was pleasantly surprised! Not only is this book easy to read and understand, but it also completely changed my outlook on the subject of economics. I now have an appreciation for economics and understand that it plays an important role in all of our lives.…
5. The authors from Freakonomics are concluding that people are just dishonest. When Paul Feldman left the basket and bagels, he noticed that all of the money was vanishing. This plays into economics because it shows us that small offices run more honestly and more efficiently.…
With the recent appointment of Scott Pruitt to the head of the Environmental Protection Agency, common sense and order will soon be restored. While to those hippies living in their parent’s basements, appointing a man whom has described himself to be “against the EPA’s liberal agenda” may seem foolish, but be assured, Pruitt will help make America back into the wonderland that it was in the 1920’s. A man like Pruitt isn’t afraid to say what’s on everybody's minds. He questions if carbon dioxide even actually contributes to global warming. But how can carbon dioxide contribute to global warming in global warming isn’t real. Pruitt is also highly overqualified for the position of head of the EPA, with his degree in political science and communications, he’ll be the library of environmental knowledge that saves us…
“Would you bet your paycheck on a weather forecast for tomorrow? If not, then why should this country bet billions on global warming predictions that have even less foundation?” (Thomas Sowell) The truth is that it’s hard to know whether or not our planet is heating or cooling. Global warming happens all the time and it’s not because of carbon dioxide or human interaction and is more of a political issue than reality.…
Every year that our climate changes and continues to get warmer, studies are beginning to present more evidence that there is a clear cause-and-effect relationship between human activity and climate change. The greenhouse effect was adopted by Nobel Prize-winning chemist Svante Arrhenius. Considering that carbon dioxide traps heat in the atmosphere and that this carbon dioxide is released by burning coal and fuel, Arrhenius “speculated that continued burning of coal and oil would increase concentrations of CO2 in the Earth's atmosphere, making the planet warmer” (“How We Know Human Activity Causes Global Warming” 2). There are things that we humans do daily that may not seem harmful, but evidently these actions are leading factors in the cause of global warming. Automobiles, electricity, heat, and air-conditioning are some of the things people use every day that affect the environment. The rises in…
But, that is not the single attack made to the air travel industry, in fact, many complainers accuse air travel to be the fastest growing polluter of the greenhouse, leading to the global warming, or that the air traffic will be doubling for the fifteen years, contributing to a huge growth of the earth pollution. But those complainers somehow tend to forget that planes are less likely to pollute that trains, ships, or the biggest polluter of all transports, the car; that air travel is the source of “only” three percent of the global greenhouse gases emissions, and that, even by 2050, it will produce only the double of its actual emissions. And yet, no one calls for major restrictions concerning the development of other source of pollution, focusing on the highly visible, so-called, fastest growing carbon dioxide emission source.…