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Freakonomics-Econ DO NOT SHUFFLE Flashcards

Class notes Jan 8, 2026
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Freakonomics-Econ (DO NOT SHUFFLE) Flashcards Do you think the results would have been different if more money would have been used?No, not even $50k and work of younger kids and their families would work.What did police forces say that the crime rate went down in the 1990s?laws, changes in the drug market, more police with better tactics, tougher sentences, and more prisons enforced.When they go over the data for the Chicago pay-for-performance project, which kids did it affect?The kids who mainly had a "d" grade (the kids who were failing) On what did they base their belief about the crime rate?It would go down-gun laws, changes in the the drug market, more police with better tactics, tougher sentences, and more prisons enforced.What did Kevin's mom offer to do if her son could meet these standards?His mom would reward him double the money.What did the instances of cheating Sumo wrestlers and the teachers in Chicago have in common?They both have the incentive to cheat, and aspire to get to the top.What was the problem with the belief about the cause of polio?Ice cream and summer were both related to heat.What was the conclusion of the experiment using identical resumes using both black and white names?White-named people are more likely to get calls for interviews than black-named people.As the 1980's came to a close, what did most people think would happen to the crime rate of the U.S?It had always gone up, so they expected it to be that way.What surprising reason does economist Steven Levitt put forward as the real reason that crime rates went down in the 1990's?The legislation of abortion (Roe v. Wade) in the 1970s, resulting in fewer unwanted births.What happened to Robert Lane's sons Winner and Loser?Loser went to prep school and college, and became a police officer. Winner went to jail.What were the final results of the program at the end of the semester?D-> C; E-> No change Why does Kevin not seem that concerned over this? Thinks he has options in the military How often do sumo wrestlers win?75% Why do kids not really consider this?Kids aren't capable of thinking that for ahead into their future.What does Levitt use to support the real reason? Crime rates in Romania (stopped abortion and crime) and US after abortion change (more abortion and crime) What does Levitt say not graduating from high school is like in a modern economy?An economic death sentence What did Dr.Rowland determine to be the cause of Tempteress' bad behaviors?Cultural segregation When real estate agents sell their own homes do they make more or less than when they sell clients home? Why?More because agents put their homes on the market for more than 10 days (the average), and end up with higher prices.Why will the NYT not use the word "torture" when Americans are torturing people but have no problem using

this word to describe the actions of the Chinese?The Times felt they were justified. They want American soldiers to be seen as protectors

What was believed to cause polio?Ice cream because more cases happened during the summer Which kids did the program not affect?The kids who weren't failing.In sumo wrestling, why is a sumo wrestler with a 7/7 record more apt to cheat?The 7/7 sumo wrestler knows a sumo wrestler with a 8/6 record is more likely to win.Why are Japanese people not that interested in exposing the sumo scandal?They know the disadvantages hidden in money, sports, politics, economy, and other big industries, but the people fear to expose because they would be seen as a betrayer.What did Steven Levitt learn about the incentives when he tried to potty to train his daughter?Bribery causes rewards, but the person being bribed may trick to bribery into getting more rewards.Why does Kevin say that the money isn't motivating him?He is distracted with video games, and other interests of his own.How many more kids did they get to pass? 30% more promotions What happened to the two whistle-blowers who exposed cheating in sumo wrestling?The were exposers were treated unkindly. They died prior to the press conference from the same illness in the same hospital.Why were the teachers in Chicago cheating for their students?If students of a class did not pass a test, the teacher would get fired. If the opposite happened, the teacher would get a raise.Did Kevin meet his academic standards the first month?No What happened to the child that the mother inadvertently named "Temptress"?She became troubled, sexual, and ended up in court What might happen if you give a girl a name like Bobbi or Barbie?They might end up being a dancer

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Freakonomics-Econ (DO NOT SHUFFLE) Flashcards Do you think the results would have been different if more money would have been used? No, not even $50k and work of younger kids and their families wo...

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