Freakonomics

From Wiki: Freakonomics: A Rogue Economist Explores the Hidden Side of Everything is a 2005 book by University of Chicago economist Steven Levitt and New York Times journalist Stephen J. Dubner that has been described as melding pop culture with economics.^[1] As of 2007, it has sold over 3 million copies worldwide.

The book is a collection of economic articles written by Levitt, translated into prose meant for a wide audience. Levitt had already gained a reputation in academia for applying economic theory to diverse subjects not usually covered by "traditional" economists. Levitt is not actually a "rogue" economist, however, in that he accepts the standard microeconomic model of rational utility-maximization.

I have the daily calendar of the same name and information. The entry for today:

"In 1987 the Internal Revenue Service changed one simple rule: instead of merely listing the name of each dependent child in order to get a deduction, tax filers were now required to provide a Social Security number for each child. On April 15 of that year, seven million American children suddenly vanished from the tax rolls."

Interesting. So cheat on your taxes until you get caught.(Actually don't. The IRS will mess you up if you do).

Posted by: tman57 on 4/15/2008 9:57:01 AM , 0 comments