Reflection of Freakonomics

Isaac Pack Mrs.. Buchwald AP com/microeconomics-chapter-4/Microeconomics 18 August 2013 Freakishness Reflection/Response Initially, I was intrigued by the book based on its odd cover, an image of what appears to be a granny smith orchard apple tree on the outside and an orange on the inside, and I found the contents far more interesting. The catch phrase 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 in the lead realized. The first example 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 involved with nothing more than concepts like the elasticity of prices and interest rates. I was utterly shocked when Steven D.Levitate was able to conclude that the cause of the come down in the crime rate was attributable to not the join on in gun laws, not the increase in policing, and not the aging population, but the Roe v. Wade case that eventually led to the legalization of abortions. Anyone could easily guess that unwanted children are much more likely to become criminals, but to contact lens that fact to the whim that people could avoid having unwanted children and create a logical and reasonable tale regarding the decrease in crime was absurd yet brilliant.The second use for economics that caught my eye was the idea of the value of roared information. 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 conversation a collaborationism 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 before, but upon reading and ana lyzing this statement, I came to be certain and aware of it.