In the book, Freakonomics author used much real life examples to explain economics in many circumstance. Some example confused me, but some are the pretty simple. For example at the beginning “the Society of Fellows” and Nerman McCorvey wants a legal abortion is little hard to understand. But selling a house and some example is very understandable. In my opinion, morality and economic are communicant. Just like author mention Adam Smith, who wanted to be a moralist but he became an economist. What interested him is how social changes can affect a people. and economic is changing people’s behavior and mind.
In the first chapter. the author mentioned some example to talk about fraud and its goal. Such as when there is a reward for donating blood, more people will donate their blood, but …show more content…
The Ku Klux Klan at begging was some people wearing a white sheet and pillowcase playing around. But later it became an organization that persecution African American, they used violence to expand their influences. Because government intervene KKK disintegration around in 10 years. After WWII, KKK comes back and stronger than before, even police officer and politician join the KKK. Stetson Kennedy was an opponent of KKK, he join KKK for getting center information. He gives all the information to radio play “Adventures of Superman”, such as KKK level setting, meeting time, secret code, and uniform. After “Adventures of Superman” put every secret of them on the air. every KKK members were started to worriy their own kid started to wear their uniform, taking with their secret code, after a while KKK started to fall apart.And people usually sell their house through a real estate agent, although the agents requiring a lot agent fee. because the agents have resources that people do not have. they know the market, the right price for the house and many potential buyers. that is information's
In the first chapter. the author mentioned some example to talk about fraud and its goal. Such as when there is a reward for donating blood, more people will donate their blood, but …show more content…
The Ku Klux Klan at begging was some people wearing a white sheet and pillowcase playing around. But later it became an organization that persecution African American, they used violence to expand their influences. Because government intervene KKK disintegration around in 10 years. After WWII, KKK comes back and stronger than before, even police officer and politician join the KKK. Stetson Kennedy was an opponent of KKK, he join KKK for getting center information. He gives all the information to radio play “Adventures of Superman”, such as KKK level setting, meeting time, secret code, and uniform. After “Adventures of Superman” put every secret of them on the air. every KKK members were started to worriy their own kid started to wear their uniform, taking with their secret code, after a while KKK started to fall apart.And people usually sell their house through a real estate agent, although the agents requiring a lot agent fee. because the agents have resources that people do not have. they know the market, the right price for the house and many potential buyers. that is information's