Synopses & Reviews
More Than 4 Million Copies Sold Worldwide
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Which is more dangerous, a gun or a swimming pool?
What do schoolteachers and sumo wrestlers have in common?
How much do parents really matter?
These may not sound like typical questions for an economist to ask. But Steven D. Levitt is not a typical economist. He studies the riddles of everyday life—from cheating and crime to parenting and sports—and reaches conclusions that turn conventional wisdom on its head. Freakonomics is a groundbreaking collaboration between Levitt and Stephen J. Dubner, an award-winning author and journalist. They set out to explore the inner workings of a crack gang, the truth about real estate agents, the secrets of the Ku Klux Klan, and much more. Through forceful storytelling and wry insight, they show that economics is, at root, the study of incentives—how people get what they want or need, especially when other people want or need the same thing.
Jobenomics deals with the economics of job, wealth and revenue creation--the substance of which powers the US economy, sustains the American way of life, and secures US national sovereignty. Jobenomics, the book, focuses on the employed and jobs creation--the segment of our society that represents America’s economic engine.
Today, this engine has stalled. The decade of the 2000s lost one million American jobs, whereas the previous three decades averaged approximately 20 million new jobs per decade. If the next decade, the 2010s, generates only marginal jobs growth, the US economy could collapse under the weight of US debt and obligations. The US has several hundred trillions of dollars worth of debt, which it will not be able to pay if its workforce does not grow. The Jobenomics team is launching a national 20 by 20 campaign to create 20 million new US private sector jobs by 2020. 20 by 20 includes initiatives for government, large business, small and self-employed businesses, foreign investment in US businesses, and major emerging technology initiatives. Through Jobenomics, Americans will have common cause and resources to create jobs in order to build a more prosperous future.
Steven D. Levitt and Stephen J. Dubner offer the long-awaited paperback edition of Freakonomics, the runaway bestseller, including six Freakonomics columns from the New York Times Magazine and a Q & A with the authors.
About the Author
Steven D. Levitt, a professor of economics at the University of Chicago, was awarded the John Bates Clark medal, given to the most influential American economist under forty. He is also a founder of The Greatest Good, which applies Freakonomics-style thinking to business and philanthropy.
Stephen J. Dubner is an award-winning author, journalist, and radio and TV personality. He quit his first career—as an almost rock star—to become a writer. He has since taught English at Columbia, worked for The New York Times, and published three non-Freakonomics books.
Table of Contents
Part I: Employment versus Unemployment
Chapter 1: Employment versus Unemployment Tyranny of Trillion$: Debtor Nation
Chapter 2: Awash In Debt
Chapter 3: National (Public) Debt
Chapter 4: Private (Mortgage & Consumer) Debt
Chapter 5: USG Bailouts, Pledges and Obligations
Chapter 6: Entitlement Programs
Chapter 7: Derivatives: Exotic Financial Instruments
Chapter 8: US Resources
Part 2: Recovery Scenarios
Chapter 9: Economic Recovery Scenarios
Chapter 10: V-Shaped Recovery and Jobs
Chapter 11: W-Shaped Recoveries and Joblessness
Chapter 12: Declining L-Shaped Recovery Forces and Factors Challenges, Issues and Indicators
Chapter 13: Closing the Spending/Receipts Gap
Chapter 14: Potential Second Residential Real Estate Crisis
Chapter 15: The Markets
Chapter 16: Inflation
Chapter 17: US Treasuries and the Dollar
Chapter 18: US Manufacturing & Emerging Markets
Chapter 19: Corporate Recovery May Not Increase Jobs
Chapter 20: Small Business Is The US Economic Backbone The Way Ahead: Jobs Creation
Chapter 21: The 20 by 20 Jobs Creation Plan
Chapter 22: Energizing the Private Sector
Chapter 23: Six Imperatives for Washington
Chapter 24: The Austerity Contingency Plan\n