Read Think Like a Freak: The Authors of Freakonomics Offer to Retrain Your Brain by Steven D. Levitt Free Online
Book Title: Think Like a Freak: The Authors of Freakonomics Offer to Retrain Your Brain|
The author of the book: Steven D. Levitt
Edition: William Morrow
Date of issue: December 30th 2014
ISBN 13: 9780062295927
Format files: PDF
The size of the: 7.36 MB
City - Country: No data
Loaded: 1990 times
Reader ratings: 4.6
Read full description of the books:
Not Very Freaky
A very ordinary effort. Levitt & Dubner tells us the recipe to “Think Like a Freak”. Most of the ingredients are quite ordinary and almost all are trodden territory. A wholly unnecessary book.
1. That all the Big Problems of the world are too tough to solve for ordinary people like us and that we should nibble at the edges.
- A bit about game theory and about how most problems arise due to private vs public conflicts and how we need learn to realign incentives to solve small problems. Keep nudging the incentives and solving small incentive-problems. The very soul of Freakonomics.
2. That we should learn - to say “I don’t know” more often, especially the experts. A few stories thrown in about how stupid people who try to predict the future are.
- Also, don’t bring your moral compass into your predictions/decisions. And always look for feedback if you want to keep improving.
3. That we have to learn - to ask the Right Question. Reframe the question to get ahead.
- Endlessly experiment to get the right feedback on the reframed problem. The ‘abortion & crime’ story is repeated. AGAIN!
4. That we should - Think like a Child: Have fun. Don’t ignore the obvious. Think small.
5. That we should obsess over - Incentives, Again: Understand contexts; Reframe contexts. Use appropriate incentives. NEVER mix your incentives!
6. That we can win arguments: How to win an Argument: Don’t pretend your argument is perfect. Acknowledge their viewpoint and... meh.
7. That we might want to think of - When to Quit: Avoid the sunk cost fallacy. BTW, this chapter is for us too — We (Levitt & Dubner) just might quit writing this stuff!
In short, nothing really exciting, nothing novel. Nothing that fires the imagination. I am not at all freaked out by the ideas & stories presented here. They can still spin a good yarn, but that gets old fast without the essential ingredient - radical ideas.
If indeed the freakish duo decides to call it quits, it would be a pity that this was added to their otherwise magnificent legacy.
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Read information about the authorSteven David "Steve" Levitt is a prominent American economist best known for his work on crime, in particular on the link between legalized abortion and crime rates. Winner of the 2003 John Bates Clark Medal, he is currently the Alvin H. Baum Professor of Economics at the University of Chicago, director of the Becker Center on Chicago Price Theory at the University of Chicago Graduate School of Business, and co-editor of the Journal of Political Economy published by the University of Chicago Press. He is one of the most well known economists amongst laymen, having co-authored the best-selling book Freakonomics (2005). Levitt was chosen as one of Time Magazine's "100 People Who Shape Our World" in 2006.