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The main theme of the book "Freakonomics" is the application of economic theory to diverse social and cultural phenomena. The authors, Steven Levitt and Stephen Dubner, use economic theories to analyze various social issues, demonstrating that economics can provide unique insights into everyday life and societal structures.
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Is nature or nurture more important to a child's development? The author analyzes 16 different factors that could play a role, using data on over 20,000 students from the Early Child Longitudinal Study. He concludes that the most important factors are the parents' socioeconomic status, education level, and the age at which they had the child. These are immutable or fixed factors that cannot be changed by behaviors such as reading to the child every night or programs such as Head Start.
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Author Steven Levitt, working with journalist Stephen Dubner, shows how economic theories can be used to analyze social issues. Each of the six essays...
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