Saturday, February 04, 2006

Freakonomics.

I quite enjoyed this read. The book reminded me about what I really enjoyed about economics in college. The idea that you can create models to figure out how the world works, using nothing more than math and statistics. That said, the book really isnt about economics. It is more about taking the statistical analysis that is important to economics and applying it to topics that generally come under the perview of sociology. Generally I hate sociology, but thats because I view it as the "mushy parts" of all the other social sciences. Traditionally it relies heavily on observation and anecdote....and excercises like interviews. That's all fine and good, but it creates lots of inherently biased situations, and makes it impossible to draw any definitive conclusions. Freakonomics takes the math of economic analysis and it applies it to situations that have up to this point resisted statistical economic studies, which makes it ground breaking in its own way. Of course, what really makes the book great is that it does all this in a fun breezy easy to read manner. I highly reccomend it.

3 Comments:

Anonymous Anonymous said...

"Traditionally it relies heavily on observation and anecdote....and excercises like interviews. That's all fine and good, but it creates lots of inherently biased situations, and makes it impossible to draw any definitive conclusions."

Sounds a lot like poker.

Che

4:56 PM  
Anonymous Anonymous said...

he was actually working on his next book on poker, called 'pokernomics'. I sent him a huge HH file a while back, supposed to get a autographed copy of the book, and his 'analysis' of my play, still waiting though.

-Tom(A-plus)

9:55 AM  
Anonymous Anonymous said...

This was a pretty good read- easy yet very interesting.
If you liked it- you should check out 'Blink' by Malcolm Gladwell- he makes alot of interesting points- but mostly it's about our brain subconciously 'knowing' what to do before our bodies do. I feel like this happens in poker alot- my gut or instinct says to call/fold- yet I may over analyze it and make the incorrect play.
You'll find that your best poker is when you're in a zone, and you're recognizing situations and acting on them instinctively without too much thought. This is the essence of 'Blink'.
I think Tipping Point was a better book by him, but you'll find this one applicable to poker playing. Another interesting book is Guns, Germs and Steel, by Jared Diamond. It basically explains why some civilizations failed and other prospered. Very interesting.

Movies- check out Rob Zombies- Devils Rejects. While House of 1000 Corpses was sick and twisted, Devils Rejects was an enjoyable movie. Excellent characters- funny dialogue, well written with an excellent soundtrack. Check it out.

RVRMONKEY

11:01 AM  

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