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Global Economy
by tj on August 5, 2003
The NYT writes about a modern genius - Steven Levitt. He assesses common issues of modern life with vivid new economic spirit. It reminds me a bit of David Friedman's book.It's a jewel of a story, don't miss.
Thanks Gen!
"Levitt and his co-author, John Donohue of Stanford Law School, argued that as much as 50 percent of the huge drop in crime since the early 1990's can be traced to Roe v. Wade. Their thinking goes like this: the women most likely to seek an abortion -- poor, single, black or teenage mothers -- were the very women whose children, if born, have been shown most likely to become criminals. But since those children weren't born, crime began to decrease during the years they would have entered their criminal prime. In conversation, Levitt reduces the theory to a tidy syllogism: ''Unwantedness leads to high crime; abortion leads to less unwantedness; abortion leads to less crime.''
Permalink: The Probability That a Real-Estate Agent Is Cheating You (and Other Riddles of Modern Life)
Trackback: http://publish.creative-weblogging.com/publish/mt-tb.pl/285
Mr Wong
Vote for The Probability That a Real-Estate Agent Is Cheating You (and Other Riddles of Modern Life):
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Rating: 8.00 out of 4 vote(s) cast.
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Response from:
Margaret
(08/26/03 9:52pm)
I thought this article "The Probability That a Real Estate Agent is Cheating You and Other Riddles of Modern Life" was written by Steven J. Dubner? What am I missing on this page? Help!!!!
Response from:
TJ
(08/28/03 10:09pm)
Indeed the article in the NYT has been written by Steven J. Dubner. Gen Kanai has helped me finding the article.
The genius described in the article is Steven Levitt. Hope I could help you.
The genius described in the article is Steven Levitt. Hope I could help you.
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