(SuperFreakonomics Global Cooling Patriotic Prostitutes and Why Suicide Bombers Should Buy Life Insurance) [PDF/EBOOK] » Steven D. Levitt
Those renegade cold blooded micro conomists are back for fun filled worldly observations and scathing attacks on the status uo This time around the pair xplore the conomics of the worlds oldest profession and the myths and realities of global warming Makes me want to consider the incentives of most Harvey Angell Beats Time every occurrence and transaction Levitt is on to something pretty cool here Microeconomics Ever since I read the first Freakonomics book years ago I became a super freak and LOVED the real worldxpose on things we always seem to take for grantedIncentives work Period They work to control our behavior than anything lse Prostitution was huge years ago because it paid very well compared to any other kind of work that a woman could do Often ten times the going rate of anything Cops turned a blind ye because they could partake of the services Those other really moral people who tried to stop it found they couldn t because they didn t understand the full circumstances So what reduced prostitution Higher wages for women in general Choice It was never a matter of morality It was a matter of going where the money isIf we compare a geophysical ngineering vent such as setting off a volcano to combat global warming it would cost a lot LESS than Al Gore s whole PR campaign that tried to browbeat veryone into altruism And it would be ffectiveThe threat of terrorism is often much ffective than actual terrorism So put away your bomb and just do some talking about it Microeconomics uses real data is only as ffective as the uestions being posed but is still Lords of the Rinks: The Emergence of the National Hockey League, 1875-1936 extremely interesting AndnlighteningCar seats for kids No statistical difference in saving kids lives versus seat belts The seat belts are the real saviors So instead of having this huge weird industry with mismatching standards for car seats why don t we have cars with Tracking Serial Killers easily adjustable seatbeltsHELLOThe numbers don t lie But human psychology is FULL of blind spots Like doctors and washing hands To find out that one hospital s doctors only washed their hands 9% of the time they OUGHT to have been washing their hands proven by swabs and analysis of their hands versus their self reporting of 60% or so Or the other manyxcuses such as time and ffort No incentive fixed that situation better than putting screensavers up on all the computers that showed a magnification of a single caught doctor s hand What kind of truly ffective incentives do we need to roll out now with the Coronavirus Will washing hands truly make the grade Maybe we should all get a picture of the virus for our screensavers But will that take care of all the people who don t WANT to take it seriously Those people who will prolong the problem for Doubts on Avicenna: A Study and Edition of Sharaf Al-Dīn Al-Masʿūdī's Commentary on the Ishārāt everyonelse by spreading it to their friends and neighbors and to their own family members all of whom might be trying very carefully to uarantine themselvesMaybe we need a shame bell The same shame bell that was so yeah in Game of Thrones Does anyone actually believe this crapThe first chapter about the conomics of prostitutionin this one was way better than the ntire Freakonomics As a result I had faith that the authors would stick to their field As it turns out they get and ridiculous as the book progresses finishing off with a pair of shitshows I m still trying to figure out if the global cooling chapter and the monkey chapters are jokes What bothered me most about the global cooling chapter wasn t so much the views the authors develop but that they were trying to influence people on something they seem to know little about While Forest of Darkness earlier in the book theyxplain how conomics has xpanded to social conomics aka sociology political science and psychology they never really xplain why conomists suddenly can become scientists Why didn t they stick to the conomics of global climate change That would have been just as interesting and their field Instead they take it upon themselves to select a handful of geniuses who have found simple solutions to a complex problem Entertaining Yes Funny Yes Interesting Often Legitimate Hell no TABLE OF CONTENTS close to verbatimIntro In which the global financial meltdown is Love, Again: The Wisdom of Unexpected Romance entirely ignored in favor ofngaging topicsthe perils of walking drunkthe unlikely savior of Indian womendrowning in horse manurewhat is freakonomicstoothless sharks bloodthirsty lephantsthings you always thought you knew but didn tChapter 1 In which we xplain the various costs of being a womanLaShanna part time prostituteOne million dead witchesThe many ways in which females are punished for being born femaleEven Radcliffe women pay the priceTitle IX creates jobs for women men take them1 of very 50 women a prostituteThe booming sex trade in old time ChicagoA survey like no otherThe rosion of prostitute payWhy did oral sex get so cheapPimps vs Realtors pimpact vs rimpactwhy cops love prostituteswhere did all the schoolteachers gowhat really accounts for the male female wage gapdo men love money the way women love kidscan a sex change boost your salarymeet Allie the happy prostitute why aren t there women like herChapter 2 In which we discuss compelling aspects of birth death though primarily deaththe worst month to have a babythe natal roulette affects horses toowhy Albert Aab will outshine Albert Zyzmorthe birthdate bulgewhere does talent come fromsome families produce baseball players others produce terroristswhy terrorism is so cheap asythe trickle down ffects of Sept 11the man who fixes hospitalswhy the newest ERs are already obsoletehow can you tell a good doctor from a bad onebitten by a client at workwhy you want your ER doc to be a womana variety of ways to postpone deathwhy is chemotherapy so widely used when it so rarely workswe re *still getting our butts kicked by cancerwar not as dangerous as you thinkhow to catch a terroristChapter 3 In *getting our butts kicked by cancerwar not as dangerous as you thinkhow to catch a terroristChapter 3 In people are revealed to be less good than previously thought but also less badwhy did 38 people watch Kitty Genovese be murderedwith neighbors like thesewhat caused the 1960s crime Entranced (The Donovan Legacy, explosionhow the ACLUncourages crimeLeave it to Beaver not as innocent as you thinkthe roots of altruism pure impurewho visits retirement homesnatural disasters and slow news dayseconomists make like Galileo hit the labthe brilliant simplicity of the Dictator gamepeople are so generousthank goodness for donorcyclesthe great Iranian kidney xperimentfrom driving a truck to the ivory tower John Listeconomistwhy don t real people behave like people in the labthe dirty rotten truth about altruismscarecrows work on people tooKitty Genovese revisitedChapter 4 In which big seemingly intractable problems are solved in surprising waysthe dangers of childbirthIgnatz Semmelweis to the rescuehow the Endangered Species Act ndangered speciescreative ways to keep from paying for your trashforceps hoardingthe famine that *wasn t300000 dead whalesthe mysteries of poliowhat really prevented your heart *t300000 dead whalesthe mysteries of poliowhat really prevented your heart killer carthe strange story of Robert McNamara seatbelts at Fordlet s drop some skulls down the stairwellhurray for seatbeltswhat s wrong with riding shotgunhow much good do car seats docrash test dummies tell no lieswhy hurricanes kill and what can be done about itChapter 5 In which we take a cool hard look at global warminglet s melt the ice capwhat s worse car xhaust or cow fartsif you love the arth at kangarooit all comes down to negative xternalitiesTheClub vs LoJackMt Pinatubo teaches a lessonthe obscenely smart somewhat twisted gentlemen of Intellectual VenturesAssassinating mosuitoesSir I am very kind of scientistan inconvenient truthinesswhat climate models missis carbon dioxide the wrong villainbig ass volcanoes and climate changehow the cool the arththe garden hose to the skyreasons to hate geoengineeringjumping the repugnance barriersoggy mirrors and the puffy cloud solution over waterwhy behavior change is so harddirty hands and deadly doctorsforeskins are fallingEpilogue Monkeys are people toomicroeconomics xperiment teaching monkeys to use moneyprice shocks income shocksgambling loss aversioncrime paysprostitutionfear of damage to monkey social structure nds Buried experiments I liked this book than Ixpected I would like it and liked it than their previous ffort but have given it less stars this time than the last one The reason for this is that their last book introduced me to the whole field of behavioural conomics and one is always fond of books that introduce ntire new fieldsI had some real problems with some of the contents of this book or rather not the contents so much as the underlying philosophy There is a lack of consistency of thought behind this one that is uite startling Look I m than happy to go with the whole Walt Whitman thing about being large and complex beings and therefore admitting of contradictions but only so farThe underlying premise of this one is that people respond to incentives The problem is that people don t necessarily respond to incentives in the ways that we might xpect As a theme this is utterly fascinating although a much better book on this subject is Predictably Irrational The Hidden Forces That Shape Our Decisions The problem with this book is that the thinkers here aren t able to hold an idea like that in their heads the whole way through and to see where their xamples illustrate that idea and when their xamples contradict that idea What the lesson of this book ought to have beenThe world is a very complex place We learn rules and laws and tendencies of behaviour mostly by holding all the ndless numbers of variables or less ual while fiddling with only one variable at a time Sometimes this brings great insight often not but in trying to understand incredibly complex systems this method of fiddling has the advantage that in holding all other things ual we get an idea of what the particular knob we are fiddling with ffects when you turn it With human behaviour ven conomic behaviour you are always dealing with incredible complexity However people tend to behave in ways that are fairly predictable and we can devise A Certain Justice (Adam Dalgliesh, experiments that test how they will behave that do hold some of the other variables pretty constant Some of thosexperiments say incredibly fascinating things about what it is to be human But don t The Shadow Reader ever forget that people are not simple they are always complex and just because you think you have them down pat they are always ALWAYS capable of surprising youither with how nice they can be or with how bloody appallingly they can behaveIf this book had done this and been consistent in having done this I probably would have given it five stars As you see I don t ask much I don t think this book really does know what message it truly wants to get across and so it reads like a series of sometimes interesting bits of information that are spat out one after another before they have been properly digested or Cinderella Unmasked (Fairytale Fantasies even properly masticated The whole thing is a bit of a mess really saved only by the inherent interest there is in the subject This might be best illustrated with anxample from the first book where they spoke about the Israeli day care centre that started. The New York Times best selling Freakonomics was a worldwide sensation selling over four million copies in thirty five languages and changing the way we look at the world Now Steven D Levitt and Stephen J Dubner return with SuperFreakonomics and fans and newcomers alike will find that the freakuel is ven bolder funnier and surprising than the firstFour years in the making SuperFreakonomics asks not only the tough uestions but the unexpected ones What's dangerous driving drunk or walking drunk Why is chemother.
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Ncer instead So the statistics are better than they initially lookCancer death rates are falling amongst younger peoplePeople 20 or younger mortality has fallen by over 50%People 20 40 Mortality has fallen by 20%This is an specially good result as incidents of cancers in this age group have been rising Probably due to diet behaviours and nvironmental factors HEART DISEASEDeaths from heart disease have fallen substantially over the past few decades Expensive treatments like grafts angioplasties and stents have only had a very small impactThe decline has come rather from the success of medications which treat high cholesterol and high blood pressure This accounts for half the dropMuch of the remaining decline has come from ridiculously cheap treatments like asperin heparin ACE inhibitors and beta blockersHORSE TRAFFIC ACCIDENTS IN NEW YORK IN 1900 VERSUS CAR TRAFFIC ACCIDENTS IN NEW YORK IN 20071900 Horse accidents claimed the lives of 1 out of very 17000 residents2007 Car accidents claimed the lives of 1 out of very 30000 residents People were nearly twice as like to die in 1900 from a horse accident than from a car accident todayTHE LAW OF UNINTENDED CONSEUENCES IS OFTEN SEEN WHEN GOVERNMENT LEGISLATION IS PASSEDeg governments who have tried to reduce trash by charging people for xtra bags of trash1 Some people just stuff their xisting bags and full a tactic now known by trash officers around the world as Seattle Stomp2 Others just dump their trash in the woods3 In Germany trash tax avoiders flused so much uneaten food down the toilets that the sewers became infested with rats4 A new garbage tax in Ireland generated a spike in backyard trash burning St James s Hospital in Dublin recorded a near tripling of patients who had set themselves on fire while burning trashFORCEPSThese can save lives if a baby is stuck in the birth canalThey are thought to have been invented arly in the 17th century by an obstetrician called Peter Chamerlen They worked so well that Chamberlen kept them a secret sharing them only with sons and grandsons who continued in the family businessIt wasn t until the mid 18th century that they passed into general usage The surgeon Atul Gawande says that millions of babies lives were lost as a result of this hoardingDIRTY TIESDoctors should be forbidden to wear ordinary ties as these collect pathogens and are rarely laundered Instead doctors should wear bow tiesNITRATE FERTILIZERSThese are astonishingly cheap and Oh My God, What a Complete Aisling effective They feed our world If we lost them we would only have fruit and animal products on special occasions or they would only beaten by the richWHALE OIL AND OIL UNDERGROUNDIn the 19th century whales were the Monsieur Pain economicngine that helped turn the USA into a powerhouse Every inch of whales could be used Most valuable was whale oil a lubricant for all sorts of machinery but also for lamps In the 19th century there were 900 whaling ships 735 of them were in the USA1835 1872 An average of 7700 whales a year were killed It was the fifth largest industry in the USThen the industry was xhausted through over whaling and it begun to fail That is when a retired railway man called Edwin L Drake using a steam ngine to power a drill through 70 feel of shale and bedrock struck oil in Titusville PennsylvaniaThe new oil industry provided work for unemployed whalers and it saved whales from near certain xtinctionCHANGING PEOPLE S BEHAVIOUR IS HARD WORKSEAT BELTSFor instance the introduction of seat belts in cars These were initially thought of by Robert McNamara who worked for The Ford Motor CompanyCongress began setting federal safety standards in the mid 1960s but ven 15 years later seat belt usage was laughably low just 11%Over time the numbers crept up thanks to a variety of nudges1 The threat of a traffic ticket2 Expensive public awareness campaigns3 Annoying beeps and dashboard lights if the belt wasn t buckled4 And ventually a societal acceptance that wearing a seat belt wasn t an insult to anyone s driving abilitySeat belt usage in 1985 21%Seat belt usage in 1990 61%Seat belt usage in 2009 Over 80%In fact seat belts reduce the risk of death in traffic accident by as much as 70% and at about 25 ach are one of the most cost Dare to Lead: Brave Work. Tough Conversations. Whole Hearts. effective life saving devicesver inventedCOWS SHEEP AND METHANERuminants cud chewing animals are wicked polluters They do this via xhalation flatulence belching and their manureMethane is 25 times potent as a green house gas than carbon dioxide released by cars or humans The world s ruminants are responsible for about 50% greenhouse gas than the ntire transport sectorPossible solutions Shift away from ating red meat to ating chicken fish Glitter Bomb (A Scrapbooking Mystery, eggs or a vegetable based diet This does to reduce greenhouse gases thanating locally resourced food Eat kangaroo meat they produce much less methane In fact Australian scientists are trying to replicate the digestive bacteria in kangaroos stomachs so it can be transplanted to cowsGLOBAL WARMING HEROESAl Gore is usually held up as a marvellous campaigner for global warming issues but the authors of this book think a lot of his ideas are wrong Instead they promote Nathan Myhrvold and his Budyko s Blanket A plan to put sulfer dioxide into the stratosphere which they believe could reverse global warminghttpgreenmanblogcomp251GLOBAL WARMING AT THE POLESGlobal warming is largely a polar phenomenon High latitude areas are 4 times sensitive to climate change than the Il morto di Maigret euator hide spoiler Incredible fastntertaining read Thinkers like this one occasionall remind me just why I have chosen my professionShort Synopsis says it allPutting the Freak in Economics In which the global financial meltdown is ntirely ignored in favor of ngaging topicsThe perils of walking *drunkThe unlikely savior of Indian womenDrowning in horse manureWhat is freakonomics anywayToothless sharks and bloodthirsty lephantsThings *unlikely savior of Indian womenDrowning in horse manureWhat is freakonomics anywayToothless sharks and bloodthirsty lephantsThings always thought you knew but didn tChapter 1 How is a Street Prostitute Like a Department Store Santa In which we Globalization: A Multi-Dimensional System, Third Edition explore the various costs of being a womanMeet LaSheena a part time prostituteOne million dead witches The many ways in which females are punished for being born femaleEven Radcliffe women pay the priceTitle IX creates jobs for women men take them1 ofvery 50 women a prostituteThe booming sex trade in old time ChicagoA survey like no #otherthe rosion of prostitute paywhy did oral sex # erosion of prostitute payWhy did oral sex so cheapPimps versus RealtorsWhy cops love prostitutesWhere did all the schoolteachers goWhat really accounts for the male female wage gapDo men love money the way women love kidsCan a sex change boost your salaryMeet Allie the happy prostitute why aren t there women like herChapter *2 Why Should Suicide Bombers Buy Life Insurance In which we discuss compelling aspects of birth and death though primarily *Why Should Suicide Bombers Buy Life Insurance In which we discuss compelling aspects of birth and death though primarily worst month to have a babyThe natal roulette affects horses tooWhy Albert Aab will outshine Albert ZyzmorThe birthdate bulgeWhere does talent come fromSome families produce baseball players others produce terroristsWhy terrorism is so cheap and asyThe trickle down ffects of September 11The man who fixes hospitalsWhy the newest ERs are already obsoleteHow can you tell a good doctor from a bad one Bitten by a client at work Why you want your ER doc to be a womanA variety of ways to postpone deathWhy is chemotherapy so widely used when it so rarely works We re still getting our butts kicked by cancer War not as dangerous as you thinkHow to catch a terroristChapter 3 Unbelievable Stories About Apathy and Altruism In which people are revealed to be less good than previously thought but also less badWhy did 38 people watch Kitty Genovese be murderedWith neighbors like theseWhat caused the 1960s crime xplosionHow the ACLU ncourages crimeLeave It to Beaver not as innocent as you thinkThe roots of altruism pure and impureWho visits retirement homesNatural disasters and slow news daysEconomists make like Galileo and hit the labThe brilliant simplicity of the Dictator gamePeople are so generousThank goodness for donorcycles The great Iranian kidney xperimentFrom driving a truck to the ivory towerWhy don t real people behave like people in the labThe dirty rotten truth about altruismScarecrows work on people tooKitty Genovese revisitedChapter 4 The Fix is in and It s Cheap and Simple In which big seemingly intractable problems are solved in surprising waysThe dangers of childbirthIgnatz Semmelweis to the rescueHow the Endangered Species Act ndangered speciesCreative ways to keep from paying for your trashForceps hoardingThe famine that wasn tThree hundred thousand dead whalesThe mysteries of polioWhat really prevented your heart attackThe killer carThe strange story of Robert McNamaraLet s drop some skulls down the stairwellHurray for seat beltsWhat s wrong with riding shotgunHow much good do car seats doCrash test dummies tell no liesWhy hurricanes kill and what can be done about itChapter 5 What Do Al Gore and Mount Pinatubo Have in Common In which we take a cool hard look at global warmingLet s melt the ice capWhat s worse car xhaust or cow fartsIf you love the arth at kangarooIt all comes down to negative Purely Sexual externalitiesThe Club versus LoJackMount Pinatubo teaches a lessonThe obscenely smart somewhat twisted gentlemen of Intellectual VenturesAssassinating mosuitoes Sir I amvery kind of scientist An inconvenient truthinessWhat climate models missIs carbon dioxide the wrong villain Big ass volcanoes and climate changeHow to cool the The West Transformed: A History of Western Civilization, Vol 1, to 1715 earthThe garden hose to the sky Reasons to hate geoengineeringJumping the repugnance barrier Soggy mirrors and the puffy cloud solutionWhy behavior change is so hardDirty hands and deadly doctorsForeskins are falling c All the chapters in this book start with How is and then two subjects are compared or contrasted so in this spirit I ask How is a follow up book like a Shepherd s PieBecause shepherd s pie is made with the bits of meat discarded or not finished at a previous meal And so it is with this book Chapters not goodnough to make it into the superb Freakonomics A Rogue Economist Explores the Hidden Side of Everything have been recycled into this book It s ok but like anything that isn t first choice it s not got that wow factor amaze me tell me all these things about the world I d never ven thought of More uh huh really yeah interesting to know3 stars Mostly of the same as Freakonomics with riffs on Malcolm Gladwell s books thrown in The glaring difference is the chapter on climate change which attempts to go waaay beyond the author s xpertise in behavioral conomics and contains unfortunate misrepresentations of climate science For a detailed critiue I d recommend Still there s no denying that convincing the public to recognize the need to curb CO2 missions is an almost impossible task Also there s a laughable line about how Congress undid the repeal of the state tax for 2010 Apparently the authors had a deadline to meet and tried to predict that the Senate would behave rationally All in all I m starting to think that behavioral conomics is better at xplaining after the fact than predicting. SCan ating kangaroo save the planetWhich adds value a pimp or a RealtorLevitt and Dubner mix smart thinking and great storytelling like no one The Anathema Cell else whether investigating a solution to global warming orxplaining why the price of oral sex has fallen so drastically By xamining how people respond to incentives they show the world for what it really is – good bad ugly and in the final analysis super freakyFreakonomics has been imitated many times over – but only now with SuperFreakonomics has it met its mat. Charging parents for being late fascinating xample of incentives and unintended conseuences but if you want to understand this Pookie-Pie example then don t read about it in Freakonomics A Rogue Economist Explores the Hidden Side of Everything get hold of Predictably Irrational The Hidden Forces That Shape Our Decisions I would have thought that the lesson this book would have wanted to make abundantly clear would be that complex systems respond in unpredictable ways to simple interventions There may be consistent patterns that we can understand but overall you are better having an open mind when you come to a newxample of incentives and interventions and go back to the data rather than theories to judge the ffectiveness of particular interventions And this is the lesson of the book in part when they are discussing car accidents or drunk walking they do go back to the data The fact that I think they seem to have misrepresented some of the data and that I would rather they had given detail to support their views is a little beside the point at least they were behaving in a way that I could follow if not necessarily agree withBut when they started solving climate change I figured they had completely lost the plot of their book ntirely I ve no idea if pumping the upper atmosphere with sulphur really is a low cost solution to climate change and great if it is but the authors were so keen to prove their thesis that simple solutions are always best and that governments are congenitally incapable of Calling Home ever coming up with a simple solution that I m rather certain most readers of this book will tragically believe that global warming has now been solved by anx owner of Microsoft I mean if it was someone who had helped set up Apple I might have believed that such a solution to global warming might ven xist but Microsoft Don t be silly As if simple and Microsoft were words that could reasonably be used in the same sentence After telling us that the climate is so difficult to understand that we can t ven really model it they then say they have the solution to all our problems and all it involves is a great big bloody hose pumping rotten gg gas into the sky Like I said maybe global warming all will be uite so The Structure of Soviet History: Essays and Documents easy to solve butven so you are messing with a complex system you shouldn t be too surprised if your simple intervention has unpredictable conseuences And what if this intervention is too ffective I know it might only take three years for things to get back to normal but how are we to survive without food for three years Do you really want someone from Microsoft pissing around with our climate It makes my skin crawl that Microsoft have something to do with my computer and really in the great scheme of things my computer doesn t really matter if itcrashes but leave my planet aloneThe part of this book that dealt with the story of a woman being raped and murdered in New York while 38 people watched on was interesting as it showed there was much to this story than just that people are arseholes Whenever a story seems a little too pat there is probably going to be to the story That they xplain that this story is not so simple is probably worth the price of the book It is a service provided to humanity that the authors deserve to be praised forThe stuff on prostitution was interesting as was the stuff on Indian women and television I uite liked the stuff on how to get doctors to wash their hands but what was most interesting about many of these xamples was that they were about finding ways incentives to change a culture and that often the
"way found was cultural rather than financial that is a lesson "found was cultural rather than financial that is a lesson will find much asier to learn and understand from reading Predictably Irrational than it is to get from this book And why Well I can only assume it is because it is a lesson the authors here have not uite learned themselves yetI ve made it as plan as I can this book has a couple of interesting Date Me examples but very few interesting insights If you want to read a book that actually will do what this book promises to do that is change the way you see the world then don t read this read Predictably Irrational The Hidden Forces That Shape Our Decisions Ugh pop culture trash masuerading asconomics in turn masuerading as hard scienceThere were so many glaring flaws in the authors assumptions logic and conclusions that within just the introduction they had already lost all credibilityRight up front the authors declare that fears about global warming are overblown because the issue will likely be solved by technological innovation and then offer as proof the fact that cars Comfort And Joy eliminated the problems caused by horse based transportation So you know don t worryveryone we re sure to have a solution to global warming with ven larger negative xternalities any day now That s not Fitness for Geeks: Real Science, Great Nutrition, and Good Health even taking into account subtle problems with the we always innovate our way out of problems argument like survivorship bias or the assumption that human ingenuity is unbounded or the assumption that we ll recognize pending catastrophes in time to act or the assumption that global changes will be politically acceptable on a global level or the complete disregard for loss of life while waiting for the technological solutiontcI uickly concluded that this book wasn t worth the ffort to finish Reading this book was an normous pleasure It was like sitting down with a superb raconteur and hearing story after story of amazing and Cause Of Fear extraordinaryvents Oh no you xclaim surely that one can t be true But yes it is And so you leap on hungrily to the next peculiar storyThis is a treasure chest of information for anyone interested in psychology conomics or just sheer human cussedness The people behind the book work brilliantly together conomics lecturer Steven Levitt and New York Times journalist Stephen Dubner Please can we have academics and journalists working in tandem The result here is so goodFor me there was no real overarching theme rather the book was a series of rollicking anecdotes about the unexpected and contrary It makes a great follow on to the authors first book just called Freakonomics *I Reckon Both Book Are Amongst The Most Entertaining I *reckon both book are amongst the most ntertaining I ver read and I can t recommend them highly noughI shall nd with my usual medley of notes about some of the things that particularly caught my attention Warningthese notes are a real hotch potch view spoiler TELEVISION AND THE UALITY OF LIFE FOR WOMEN IN INDIAMany initiatives have been instigated to improve the lives of women in India where they are often treated badly both as children and adults None of these projects have been very successful Then American conomists Emily Oster and Robert Jensen compared villages with cable television to those without television They xamined data from a government survey of 2700 households most of them ruralIn households with televisionWife beating was less toleratedParents were less likely to admit to having a preference for male childrenWomen were likely to xercise personal autonomyThe families had a lower birthrate associated with autonomy and fewer health risksThey were likely to keep their daughters in schoolMACROECONOMICS Economists predictions are generally worthless They have a hard The Lady in Pink enough timexplaining the past much less predicting the future They are still arguing over whether Franklin Roosevelt s policy moves uelled The Great Depression or Eyes exacerbated itIt seems part of the human condition to believe in our own predictive abilities and just as well to uickly forget how badly our predictions turned out to beSPORTY WOMEN ARE SUCCESSFULBetsey Stevenson discovered that girls who play high school sports are likely to attend college and land a solid jobspecially in some of the high skill fields traditionally dominated by menSELLING HOUSES BY YOURSELF ON THE INTERNET V SELLING VIA A REALTOR ESTATE AGENTWith the latter you pay a commission of about 20000 on a 400000 house and research shows that there are very few benefits If you do it yourself you must do it on the internet on a website specialising in selling houses Paying to do that costs just 150but you have to do all the work yourself Houses sold directly on the internet take an average of an xtra 20 days to sellA third way is flat fee real state agents and they are Sinner's Heart even MORExpensive than realtorsBABY FORMULA MILKThe introduction of this allowed thousands of women to get right back into workFEMALE TEACHERS100 years ago this was one of the few non menial jobs available to women At the time6% of all working women were teachers and by a large margin it was the choice of female college graduates 55% of all college ducated female workers in their arly thirties were Spirit of the Wolf employed as teachersSoon afterwards opportunities for smart women began to multiply and they couldnter law medicine business and financeand there was a brain drain from teaching and standards droppedWOMEN EXECUTIVES Research has shown that gender discrimination plays only a minor role in holding women back Women take far fewer finance courses and all being A Vineyard Christmas eual there is a strong correlation between a finance background and careerarningsWomen also work fewer hours than men A study of people completing their MBAs showed that women in the study worked 52 hours a week whilst the men worked 58 hours a week The big issues seems to be that women love childrenWomen with no children work 3% less hours than menWomen with children work 24% less hours than menWomen also take career interruptions than men After 10 years in the workforce10% of men with MBAs went for 6 months or without working40% of women with MBAs went for 6 months or without workingHIGH STATUS CONFERS LONGEVITYEven amongst those nominated for the Nobel Prize Winners live longer than those who have just been nominated but don t winPeople voted into The Baseball Hall of Fame outlive those were were narrowly omitted CANCERChemotherapy helps with leukemia lymphoma Hodgkin s disease and testicular cancerbut in most cases it is pretty ineffective There is a long list of cancers where chemotherapy has zero Een Bijzondere Vorm Van Osteosclerose effectmultiple myeloma soft tissue sarcoma melanoma of the skin and cancers of the pancreas uterus prostate bladder kidney breast and lung Some oncologists argue that with these types of cancer chemotherapy helps one out of ten peopleSo why is chemotherapy used so muchOncologists are amongst the highest paid doctorsThey typically derive than half their income from selling and administering chemotherapy drugsIf they give a lung cancer patient anxtra 2 months to live when he only xpected to live 4 months on paper this will look an impressive feat The doctor xtended the patient s remaining life by 50% There has been little difference in how many people die of cancer in the last 50 years The age adjusted mortality rate for cancer is ssentially unchanged over the past half centuryBUTOver the same period age adjusted mortality for cardiovascular disease has plummeted From nearly 600 per 100000 to beneath 300THEREFOREMany people who in previous generations died from heart disease are now living to die of ca. Apy prescribed so often if it's so ineffective Can a sex change boost your salarySuperFreakonomics challenges the way we think all over again xploring the hidden side of verything with such uestions asHow is a street prostitute like a department store SantaWhy are doctors so bad at washing their handsHow much good do car seats doWhat's the best way to catch a terroristDid TV cause a rise in crimeWhat do hurricanes heart attacks and highway deaths have in commonAre people hard wired for altruism or selfishnes.