Why Do Drug Dealers Still Live With Their Moms? Essays
I first heard of this book when my father mentioned it to me as something he had found very interesting and out of the box. At the time, I was considering Psychology, Economics, Statistics, Math and Political science as potential majors. But after reading this book, I decided on Economics and Psychology. The book is written in extremely simple language but the ideas presented in it are absolute genius. The book talks about issues that are widely prevalent in the world today, which have “obvious causes”. They go on to disprove the seeming obviousness of these arguments and present their own line of reasoning.
The book is extremely engaging and it leaves you wondering if everything around us can indeed be explained through clever correlations of simple data.
There is no central unifying argument to the book. Each chapter discusses a separate question. The questions are phrased in a very interesting way. There is almost a huge contrast between the first and second part of every question ( Ex : Why do drug dealers still live with their moms? )
-Positive vs. Normative Analysis
This book mainly focuses on the positive aspect of analysis and looks at issues extremely objectively. Positive theories in Economics do not necessarily need to be right but they do need to be either proved or disproved. Normative theories, on the other hand, are opinion based, and cannot be proved or disproved. This book emphasizes that positive analysis is always more…