Review on Freakonomics and How it Makes Anyone Suddenly Interested in Economics!

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So at my local library I saw a copy of Freakonomics in the "best seller" area. After a bit of a internal debate I decided to pick it up and boy was I surprised. This book was really good! While economics can often be told as a boring subject with graphs and numbers decorating a big board the book mainly emphasizes the motivation behind human action. Many people enjoy saying that humans are only motivated by greed and selfishness and Freakonomics does a good job of showing how this motivation might affect us in our day to day lives. Without spoiling some results the book describes and proves with a lot of detail certain interesting questions such as what do school teachers and sumo wrestlers have in common?

The presentation of the data and results is one of the major selling points of this book because it is laid out in an enjoyable way while constantly making you want to turn the page and see more mind blowing and humorous details. One of the most interesting topics in the book was how abortion might be a great tool to stop the growth of crime. Once again I don't want to spoil the reasons the author gives to defend his point but a lot of it is definitely based on solid fact. Another topic that many people will most likely deal in their lives presented in the book is how real estate agents might not necessarily be doing the best job possible selling your house even If they earn a % commission to do so. This topic can be applied to many other jobs where people earn commissions and it is quite interesting to see the author's opinion, accompanied by a lot of data, on how some things might not be as we believe they are.

As a final note, this is one of the first book that deals with economics that I completely enjoyed. Not only is it informative but it has great humor and subject matters that can be relevant to our lives instead of only the broad economy of x country. This is a must read, even if you think economy is boring you will probably find some of the subjects presented in the book to be of interest to you

I'm currently interested in health, finance & video gaming/entertainment. If you ever need information on waterproof cast covers or how to select the best fish oil supplement feel free to contact me:).

Economic Development in Singapore

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Singapore's history is one of riches and romance spice trading and piracy, colonialism and growth. In the 7th century, she was the Temasek, the trading center of Sumatra's ancient Srivijaya empire.

In 1963, Singapore was part of a political and economic alliance formed between the Federation of Malaya, Sarawak and North Borneo which is now Sabah under the nation of Malaysia. This alliance, proposed by the Malayan Prime Minister Tunku Abdul Rahman, was called Malaysia, and proved to be short-lived.

In 1965, Singapore separated from the Malaysian Federation to become an independent republic. Over 45 years, Singapore has relentlessly pursued the goal of becoming Asia's Pre-eminent center for tourism, trade and finance, by developing education and technical training programs, investment strategies, aviation and environmental policies.

Now the small island republic of only 633 square kilometers, boasts the world's busiest port and an airport served by over 70 of the world's major airlines, serving more than 21 million airline passengers year. This diamond-shaped island is only 224 square miles with the population of 6 million.

As a major tourist destination, Singapore welcomes an average of 12,000 visitors each day.

Singapore has a highly developed market-based economy that depends heavily on exports and refining imported goods, especially in manufacturing, electronics, petroleum refining, mechanical engineering and biomedical science sectors which could in the website in Wikipedia.

This nation is a good example of model urban planning and a former colony of Great Britain, it is a tiny city state. It is a member of Association of Southeast Asian Nation or known as ASEAN. Singapore is a major international hub in whole Asia, it is positioned on many sea and air trade routes.

Slum areas were eliminated and the urban planners have been knowledgeable about the planning experiences in other parts of the world especially in Western Cities.

It is hoped that major cities in the Philippines such as Manila, Cebu, and Davao can learn a lesson from Singapore.

Why Not Learn About the Business Cycle and Policy Making Manipulation in Economics

Most people do not really understand the economy, business cycles, how the Federal Reserve works or how on Earth this terrible crisis occurred that ended up taking down the whole world, causing the global crisis we are now in. But in case you are one of them, and if you care to learn a little, might I be so bold as to recommend a very good book to you?

"Meltdown - A Free Market Look at Why the Stock Market Collapsed, the Economy Tanked, and Government Bailouts Will Make Things Worse" by Thomas Woods; Regnery Publishing (2009)

Woods is very critical of politicians that tell us that it is the "Free Market that failed" as he says; NO, that's just not so. So what was the government's role in this, well consider the Community Re-investment Act, Freddie Mac, Fannie Mae, and the Federal Reserve System and their manipulations and intervention of the moving market to achieve the desired results.

This book boasts that it answers the following very important questions: (1) Which brave few economists predicted the economic fallout--and why nobody listened; (2) What really caused the collapse; (3) Why the Fed--not taxpayers--should have to answer for the current economic crisis; (3) Why bailouts are band-aids that will only provide temporary relief and ultimately make things worse; and (4) What we should do instead, to put our economy on a healthy path to recovery.

And I would submit to you that he's done a very good job of showing how our manipulation of the business cycles is nothing more than a scam at times. The author says that the people that believe in Freedom are the smartest people in the world. And you may recognize his name, as he also wrote the bestselling book; "The Politically Incorrect Guide to American History."

He is a free-market guy, and rightfully so, best of all he writes with conviction in an easy to understand format that even a novice can comprehend. I very much recommend this book to you. Think on This.

Lance Winslow enjoys community philanthropy - Lance Winslow likes small business. Lance Winslow has also been involved in the Oil Industry; http://www.oilchangeguys.com/aboutus.shtml.