An Economist Walks into a Brothel book cover

An Economist Walks into a Brothel by Allison Schrager Summary

An Economist Walks into a Brothel
Allison Schrager
3.55 (2150 Reviews)
Economics
Finance
Self-growth
概要
主なポイント
著者
よくある質問

Overview of An Economist Walks into a Brothel

Ever wondered what sex workers and Wall Street have in common? Allison Schrager's acclaimed "Financial Times Book of the Month" reveals how unconventional risk-takers navigate uncertainty. Tyler Cowen calls it "the most adventurous take on risk" - discover why intelligent risk-taking transforms both finances and life decisions.

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重要なポイント

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Risk and Reward: The Hidden Economics of Everyday Decisions

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Life is full of risks - some we take willingly, others we avoid instinctively. But what if we've been thinking about risk all wrong? When economist Allison Schrager ventured into Nevada's Moonlite BunnyRanch, she wasn't seeking pleasure but profound economic insights. This legal brothel revealed something surprising: sex workers earning $600,000 annually willingly surrender half to the establishment for safety and legitimacy. Customers pay $1,400 per hour (compared to $350 for illegal services) for risk reduction. The most profitable service? Not what you'd expect - it's the "Girlfriend Experience," where middle-aged women with strong interpersonal skills offer risk-free intimacy without rejection or commitment. This counterintuitive reality illustrates a fundamental truth: risk isn't just about danger - it represents the full spectrum of possibilities in any decision. Financial economics gives us tools to understand risk scientifically, helping us make better choices by recognizing that any path leads to multiple possible outcomes we can influence. Rather than avoiding risk entirely, we can learn to take calculated risks that maximize our chances of success.

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Defining Goals and Measuring Risk

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Understanding Risk Categories and Career Implications

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Mastering Emotions When Facing Risk

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The Power of Diversification and Hedging

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Embracing Uncertainty in an Unpredictable World

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@Raaaaaachelw
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@Moemenn
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@Chloe, Solo founder, LA
platform
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likes
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@Raaaaaachelw
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star
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"Crazy how much I learned while walking the dog. BeFreed = small habits → big gains."

@Matt, YC alum
platform
comments
12
likes
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@Erin, Investment Banking Associate , NYC
platform
comments
254
likes
17

"Feels effortless compared to reading. I’ve finished 6 books this month already."

@djmikemoore
platform
star
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star
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@Pitiful
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@SofiaP
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@Jaded_Falcon
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@OojasSalunke
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