Everyone Loves Freakonomics
Steven Levitt and Stephen Dubner’s book Freakonomics (subtitle: A Rogue Economist Explores The Hidden Side of Everything) has become a bit of a surprise hit. The book takes a look at some perplexing questions from an economist’s point of view - the best known of which is “Why Do Drug Dealers Live With Their Moms?”, which takes a look at the corporate structure of crack cocaine rings in Chicago. This week, ABC Radio National’s Background Briefing program features a talk given by Levitt and Dubner. Download the MP3 here - or subscribe to the Background Briefing podcast here (iTunes users, this link will let you subscribe instantly). It’s worth listening, if only for the tales of what happens when you teach monkeys how to use money.