Freakonomics

I read chapter 2 of Freakonomics. This chapter is talking about KKK. I was interested in the KKK because I have seen movies and books about the KKK. Because I have negative thought about the KKK, I feel uncomfortable while I was reading this chapter. The early klan did its work through lynching, shooting, and burning. They targeted slaves and any whites who supported the black people. I was surprised that they still do exist up to this day.

Freakonomics - Outline

Economics - Study of incentive
Incentive - in short, urging people to do more good things and less bad things
                   not come about organically->someone has to invent
Three basic flavors - economic, social, and moral
        Example - anti-smoking campaign(sin tax-economic incentive, banning of cigarettes in
                                                                       restaurant-social incentive, terrorists who sell black-
                                                                       market cigarettes raise money- moral)
       
         Explain economic, social, and moral incentive
 
What was wrong with incentive at the Israeli day-care-center?
        - $3 fine is too small
        -  It substituted economic incentive ($3) for moral incentive  

Levitt, S. D., & Dubner, S. J. (2005). Freakonomics (Rough Cut Edition ed., pp. 19-24). N.p.: William Morrow.

This chapter explain incentive by using some example. I learned three basic flavors of incentive: economic, social, and moral. Therefore, I can apply this substances in real situation. 

Freakonomics-2

I just read chapter 1 of Freakonomics a little bit. This chapter is talking about common things between schoolteachers and sumo wrestlers.
In this chapter, We can find common things between schoolteachers and sumo wrestlers through incentives. The author said that Economics is the sudy of incentives essentially. An incentive can be a bullet, a lever, a key to change situation. Simply put, an incentive is a measure to persuade people to do good things. Also, someone-an economist, parents, or a politician-has to invent incentives.Economic, social, and moral are three basic flavors of incentive.    

Reading impressions 1 : Freakonomics

We started our extensive reading. I chose Freakonomics. I have finished to read introduction part.

This chapter includes information of authors and why they decided to write this book.
I think this book explain complex and difficult economics very easily. For example, chapter 1 is talking about what schoolteachers and sumo wrestlers have in common. This book explains economics easily by using this subject. 

I have very little understanding of economics, but I will be familiar with economics because of this book.

Book choice for Reading 4B class - Freakonomics, Steven D. Levitt and Stephen J. Dubner

Book name and author : Freakonomics, Steven D. Levitt and Stephen J. Dubner

I chose this book for Reading 4B class. I think that this book is very interesting. This book includes distinctive and attractive subjects, so it excites my curiosity.
 

Class Observations

	Class #1	Class #2	Class #3
Class name and #	KINES 017	MUSIC 054	KOR 110
Day and time it meets	MWF 1:25PM – 2:15PM	T 6:30 PM - 7:30 PM	M W F 2:30 PM - 3:20 PM T R 2:30 PM - 3:20 PM
Location	133 White Bldg	201 Donald H Ford Bl UP	319 Willard Bldg 269 Willard Bldg
Professor’s name	Nickel, Jolene Marie	Mullen, William Stanley	Matsueda, Hyunjoo Lee
Professor’s email	Jmn23@psu.edu	wsm10@psu.edu	hlm29@psu.edu
Reason you are interested in observing it(Describing the class)	I want to learn Ballroom dance. (A course designed to provide students with basic dance skills and an understanding and appreciation of ballroom dance)	I’m interested in guitar and want to learn guitar. (Class instruction in guitar for non-music majors)	Korean(It is the Advanced-Intermediate course)

Introduction

Hi! My name is Seunghyun Mun. I'm from South Korea. I like playing basketball and watching basketball game. I'm a big fan of Chicago Bulls. If you want to play basketball with me, please send text message to me.