Freakonomics, S. Levitt & S. Dubner

Freakonomics, S. Levitt & S. Dubner Wednesday, September 26, 2007

Posted by ei-forum in Book Reviews.
trackback

Despite not being about investing or the markets, we felt that readers could find this book quite interesting as it strives to ask the right questions and understand why and how events happen – something that is key for the Enterprising Investor.

As the authors state: “If morality represents an ideal world, then economics represent the actual world.” The book sets out to convince readers to become skeptical of conventional wisdom and addresses a number of questions with common sense and quantitative analysis to show us the hidden side of everything. For example:

What Do Schoolteachers and Sumo Wrestlers Have in Common?
How Is the Ku Klux Klan Like a Group of Real-Estate Agents?
Why Do Drug Dealers Still Live with Their Moms?
and many more….

In doing so, the authors manage to challenge this conventional wisdom and actually prove it wrong. OK, some of the findings are controversial but they are backed up by numbers and they will no doubt give you plenty of discussion topics and food for thought.

Enjoy!