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Steven D. Levitt's Freakonomics Summary

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Economist Steven D Levitt, in his book Freakonomics, published in 2005, addresses the topic of incentives, decision-making, and parenting, and challenges readers to think critically about what goes on in the world around them while applying tools of economics to their lives. Levitt supports his argument by showing examples of real life incentives, such as schoolteachers making their classes look better, or sumo wrestlers purposely blowing matches for bribes, and even financial incentives, such as making parents pay a fine for every minute they were late picking their kids up from day care. His purpose is to make readers understand that things aren't always what they seem like. For instance, your parents might tell you that watching TV can have

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