Freakonomics: A Rogue Economist Explores the Hidden Side of Everything
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for emotion is the enemy of rational argument.
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“The basic reality,” Sandman told The New York Times, “is that the risks that scare people and the risks that kill people are very different.”
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Risk = hazard + outrage.
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(There were also 228 babies named Unique during the 1990s alone,
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if morality represents an ideal world, then economics represents the actual world.
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Recall for a moment the two boys, one white and one black, who were described in chapter 5. The white boy who grew up outside Chicago had smart, solid, encouraging, loving parents who stressed education and family. The black boy from Daytona Beach was abandoned by his mother, was beaten by his father, and had become a full-fledged gangster by his teens. So what became of the two boys? The second child, now twenty-eight years old, is Roland G. Fryer Jr., the Harvard economist studying black underachievement. The white child also made it to Harvard. But soon after, things went badly for him. His ...more
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