Ex-Reading: Freakonomics #5

        For me, the "women's right advocates, for instance, have hyped the incidence of sexual assault, claiming that one in three American women will in their life-time be a victim of rape or attempted rape." (Page 92, para.1, line 3-6 ).

      I would like to explain that is, by exaggerating the real situation; modifying the data, hiding the premise, someone lied to public. And by modifying the statistical data in order to support their political purpose is an abuse to victims. 

        Also the law enforcement, out of my expectation, do the same thing: "the media eagerly glommed on to this story, portraying crack dealing as one of the most profitable jods in America." (Page 93, para. 1, line 2), but the truth is not as simple as what we used to thought. Is it a  lucrative business? Oh, yes, its organizing chart have no so much differences from the one of McDonald's. But the most profitable one?  The author wouldn't buy this story. So, maybe the dramatic, luxury life of a drug dealer never exist beyond the imagination.

EXtending Reading of of Freakonomics: 4

      As what I read at monday, the author Freakonomics indicates that how the experts undermine the comsumers by information asymmetry and how Internet profoundly changed this situation. This is my most moved section in this reading, therefore, I felt angry. I have been filled with indignation so much that I hardly couldn't continue my rest of reading in the classroom.

     My family has a horrible experience for the "good advises" from the expert. When I still was a college boy, my parents decided to set foot in potfolio investment, and hired a stock broker. This broker has a good reputation but excess expectation. At the middle of 2008, my father want to sell out all the stocks but this stock broker dissauded him said that my father will get more profits at the end of that year. Unfortunately, my Dad lose more a half of his invetyment at least. But this agent still  took the commission as much as the comtract said, because an annual employment had already been complished.

     However, if my father could known some Internet skills, such as how to searching the information about market quotation, which is right way to comparison the data, even  how to find some independence comments, he would never make this mistake.

     Now, my Dad always tell me " ask for more details about your business or profession, son." And I believe that's the real good advise.

Ex-Reading Resp. Outlines of Freakonomics: Industruction