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Summary Of Steven Levitt's Freakonomics

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But we seldom do. Moral spectacles are a major reason why we don’t. But they’re not the only explanation. The US economist Steven Levitt, author of Freakonomics, has pointed out that an American child is around 100 times more likely to drown in a swimming pool than be accidentally shot by a parent’s gun. Americans are generally extremely careful about locking up their firearms to keep them out of the hands of children, but they’re much more cavalier about ensuring that the door to their backyard swimming pool is shut at all times.
So what’s going on here? The answer is fear of regret. When we evaluate risks we’re often not thinking of the actual likelihood of a bad thing happening, but how terrible we will feel if it does happen and we did

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