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Saturday, December 29, 2018

Reflection of Freakonomics

Isaac Pack Mrs.. Buchwald AP com/micropolitical economy-chapter-4/Micro economic science 18 August 2013 Freakishness Reflection/ reply Initially, I was intrigued by the book base on its odd cover, an image of what appears to be a granny smith orchard apple tree on the out expression and an orange on the inside, and I found the contents uttermost more lodge ining. The catchphrase used is a rogue economist explores the hidden side of everything, and no other phrase could be more accurate.Steven D. Levitate, a professor of economics at the University of Chicago, roved the various uses for his field that I had never before reallyized. The first archetype of a use for economics that piqued my interest was the very first one in the book criminology. Before reading this, I had assumed that the subject of economics was mired with nonhing more than concepts like the gingersnap of prices and interest rates. I was utterly ball over when Steven D.Levitate was able to conclude that the c ause of the drop in the crime rate was attri scarcelyable to not the increase in hero sandwich laws, not the increase in policing, and not the aging population, but the Roe v. walk case that eventually led to the legalization of abortions. Anyone could easily guess that unwanted children be much more likely to break criminals, but to link that fact to the image that people could avoid having unwanted children and build a logical and reasonable teaching regarding the decrease in crime was crocked yet brilliant.The second use for economics that caught my eye was the idea of the value of roared breeding. He used the instance of the ASK with the facts regarding real estate astoundingly well to prove a point. Not only were the random bits of facts such as the mention of Clansmen calling a talk a collaboration hilarious and entertaining, but they proved an impressive point withheld information can drastically raise or lower value with ease. I never really pondered upon it befor e, but upon reading and analyzing this statement, I came to be conscious and aware of it.

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