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I just finished reading Freakonomics by Steven D. Levitt and Stephen J. Dubner. I’m not going to write a full book review, but I did want to mention it as I liked it a lot. The book basically applies economics to everyday life. Levitt basically asks questions about every day life, analyzes data, and finds connections.

Some of the links discovered and discussed are that legalized abortion led to decreased crime, parents with swimming pools are more of a threat to children than parents with guns in the home, and gangs’ organizational structures often reflect that of a corporation’s. I thought the most interesting aspect was how he discussed the hidden incentives behind certain behaviors, and basically shows that everything in life is incentive based.

Give it a read. I wasn’t really shocked or surprised by anything in it, but there were a few times where I had “huh, interesting” moments. If nothing else, it makes you think a bit more about everyday things, or at least makes you think about them in a different light.