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Freakonomics [Revised and Expanded]: A Rogue Economist Explores the Hidden Side of Everything

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? How did the legalization of abortion affect the rate of violent crime?

These may not sound like typical questions for an econo-mist to ask. But Steven D. Levitt is not a typical economist. He is a much-heralded scholar who studies the riddles of everyday life?from cheating and crime to sports and child-rearing?and whose conclusions turn conventional wisdom on its head.

Freakonomics is a groundbreaking collaboration between Levitt and Stephen J. Dubner, an award-winning author and journalist. They usually begin with a mountain of data and a simple 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 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 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 Klu Klux Klan.

What unites all these stories is a belief that the modern world, despite a great deal of complexity 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.

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.

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Freakonomics

by Steven D. Levitt and Stephen J. Dubner. ISBN13: 9780061234002. ISBN10: 0061234001. Published by HarperCollins...

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General Business & Economics - Levitt (economics, U. of Chicago) and writing collaborator Dubner (a writer for the...

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Pages: 320, Edition: Revised & Expand, Roughcut, Hardcover, William Morrow

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Offers an alternative view of how the economy really works, examining issues from cheating and crime to sports and...

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ProductReviews72/100 (100 Reviews)

Recent Reviews

4/5
From: Amazon
Posted: Jan-19-2009
This book brings new light to old subjects

I really liked the way the author takes us through the numbers to prove that there are cause and effect relationships. I like that he challenges the conventional wisdom and looks for proof that what we take as conventional wisdom is...

read full review | report as inappropriate
5/5
From: Amazon
Posted: Jan-14-2009
Excellent - Insightful and understandable

I am an economist myself so it is fairly obvious why I love this book. However, it is written to the layperson, not the economist. My mother in law (who is definitely not an economist) loves it too. If you want to take your brain on a...

read full review | report as inappropriate
3/5
From: Amazon
Posted: Jan-13-2009
Who can we trust?

One lesson I've learned from reading this book isNever trust conventional wisdom without a second thought!One point the authors have reiterated several times isEverybody, the senator, lawyer, real estate agent, doctor, teacher, you and...

read full review | report as inappropriate
2/5
From: Amazon
Posted: Jan-09-2009
Rather shallow for a book about depth

Quite disappointing. Not enough substance to sit on my shelf. There are only a handful of relationships explored: the 90's US crime dip, parenting effects on children's school performance, teacher cheating on standardized tests and a...

read full review | report as inappropriate

Selected Reviews

4/5
From: Amazon
Posted: Jan-19-2009
This book brings new light to old subjects

I really liked the way the author takes us through the numbers to prove that there are cause and effect relationships. I like that he challenges the conventional wisdom and looks for proof that what we take as conventional wisdom is...

read full review | report as inappropriate
3/5
From: Amazon
Posted: Jan-13-2009
Who can we trust?

One lesson I've learned from reading this book isNever trust conventional wisdom without a second thought!One point the authors have reiterated several times isEverybody, the senator, lawyer, real estate agent, doctor, teacher, you and...

read full review | report as inappropriate
2/5
From: Amazon
Posted: Jan-09-2009
Rather shallow for a book about depth

Quite disappointing. Not enough substance to sit on my shelf. There are only a handful of relationships explored: the 90's US crime dip, parenting effects on children's school performance, teacher cheating on standardized tests and a...

read full review | report as inappropriate
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