Freakonomics: Summary and book reviews of Freakonomics by Steven Levitt, plus links to an excerpt from Freakonomics and a biography of Steven Levitt.
Freakonomics A Rogue Economist Explores the Hidden Side of Everything
by Steven Levitt, Stephen J. Dubner
Hardcover: Apr 2005,
256 pages.
Paperback: Apr 2006,
256 pages.
Which is more dangerous, a gun or a swimming pool? What do
schoolteachers and sumo wrestlers have in common? Why do drug dealers still
live with their moms? How much do parents really matter? What kind of impact
did Roe v. Wade have on violent crime?
These may not sound like typical questions for an economist to ask. But
Steven D. Levitt is not a typical economist. He is a much heralded scholar
who studies the stuff and riddles of everyday life -- from cheating and
crime to sports and child rearing -- and whose conclusions regularly turn
the conventional wisdom on its head. He usually begins with a mountain of
data and a simple, unasked question. Some of these questions concern
life-and-death issues; others have an admittedly freakish quality. Thus the
new field of study contained in this book: freakonomics.
Through forceful storytelling and wry insight, Levitt and co-author Stephen
J. Dubner show that economics is, at root, the study of incentives -- how
people get what they want, or need, especially when other people want or
need the same thing. In Freakonomics, they set out to explore the
hidden side of ... well, everything. The inner workings of a crack gang. The
truth about real-estate agents. The myths of campaign finance. The telltale
marks of a cheating schoolteacher. The secrets of the Ku Klux Klan.
What unites all these stories is a belief that the modern world, despite a
surfeit of obfuscation, complication, and downright deceit, is not
impenetrable, is not unknowable, and -- if the right questions are asked --
is even more intriguing than we think. All it takes is a new way of looking.
Steven Levitt, through devilishly clever and clear-eyed thinking, shows how
to see through all the clutter.
Freakonomics establishes this unconventional premise: If morality
represents how we would like the world to work, then economics represents
how it actually does work. It is true that readers of this book will be
armed with enough riddles and stories to last a thousand cocktail parties.
But Freakonomics can provide more than that. It will literally
redefine the way we view the modern world.
BOOK REVIEWS
Media Reviews
Publishers Weekly (starred review)
Forget your image of an economist as a crusty professor worried about fluctuating interest rates: Levitt focuses his attention on more intimate real-world issues...and...has a knack for making that principle relevant to our daily lives.
Kirkus Reviews
An eye-opening, and most interesting, approach to the world.
Wall Street Journal
If Indiana Jones were an economist, he'd be Steven Levitt...Criticizing Freakonomics would be like criticizing a hot fudge sundae.
Malcolm Gladwell, author of Blink and The Tipping Point
Steven Levitt has the most interesting mind in America... Prepare to be dazzled
Recent Reader Reviews
Rated of 5
by mikeb twisting statistics This book is based on many comparisons between apparently similar conditions; however, when in reality, one of the contenders is usually statistically or otherwise grossly misrepresented. This provides a lot of Ah-ha and mmmm moments to someone... Read More
Rated of 5
by SJA My Take On this Book I am reading this book for part of my English 99 college class, and let me tell you, Levitt had me hooked on the first chapter! I am serious! I love the way he compares two totally opposite things but they have a common situation. I enjoy... Read More
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Kirkus Reviews
Malcolm Gladwell, author of Blink and The Tipping Point
of 5
by mikeb
of 5
by SJA
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