I finally started reading Freakonomics By Steven Levitt. Who said that economics can't be interesting? This is interesting book that answers some interesting questions in every chapter.
Question from the book: The crime rate started to fall in the 90s instead of rising as was expected. Why?
The crime rate in the States kept rising since the 70s and everyone was expecting the rate to rise even more but what happened in the 90s was unexpected. The crime rate began to fall and fall even more. The number of crimes reported in 1990 was 2245. In 2003 it was 596. The author presents the theories that came up analyzing what happened from the 90s strong economy to police strategies and gun control but none of these did matter. Levitt tells you that it’s the legalization of abortion in 1973 that made all of this. Children who would eventually end up being criminals were not born!
I'm not done yet with the book (Still in Chapter 4) but I just wanted to share one story from the book with you.