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Loading... Freakonomics: A Rogue Economist Explores the Hidden Side of Everything (2005)by Steven D. Levitt, Stephen J. Dubner (Author)
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Sign up for LibraryThing to find out whether you'll like this book. No current Talk conversations about this book. Maybe not so rogue after all. Maybe just alternate views, and the use of economic's tools to analyze areas not usually part of econ. It is an interesting book, mostly. A great book! For those of you who like to think "orthogonally" to the conventional wisdom. A "rogue" economist goes rogue by applying statistical analysis to sociology. The premise of the book is that we can all be guilty of making assumptions about causes, and we should instead look at the data. People will often lie, but the data never does. But, what they fail to acknowledge is that they themselves are constantly making assumptions about the data. The data may not lie, but the interpretation of that data is certainly not objective. I found myself shaking my head on just about every page at their tendency to oversimplify complex issues. (Apparently, Roe v Wade is the primary reason for the decline in crime during the 90s, for example.) I can see why this book might be popular: it's a lot of nice stories that are wrapped around a simple answer to a troubling question. It gives the illusion of truth, and the comfort of certainty. Unfortunately, complex issues rarely have simple answers. I remember when I first read Levitt and Dubner’s Freakonomics (many years ago), in which they present an astounding connection between access to abortion and crime: twenty years after Roe v. Wade, the U.S. crime rate dropped. Astounding indeed. That men are so surprised by that! I mean, just how clueless are you guys? About the power, the influence, of parenting, about the effect of being forced to be pregnant, to be saddled with a squalling baby you do not want, on an income you do not have, because you’ve got a squalling baby you do not want… What did you guys think would happen in situations like that? The women would get “Mother of the Year” awards for raising psychologically healthy adults? What I find surprising is that access to abortion isn’t related to infanticide. Pity. Given the Freakonomics boys.
Economists can seem a little arrogant at times. They have a set of techniques and habits of thought that they regard as more ''rigorous'' than those of other social scientists. When they are successful -- one thinks of Amartya Sen's important work on the causes of famines, or Gary Becker's theory of marriage and rational behavior -- the result gets called economics. It might appear presumptuous of Steven Levitt to see himself as an all-purpose intellectual detective, fit to take on whatever puzzle of human behavior grabs his fancy. But on the evidence of ''Freakonomics,'' the presumption is earned. The book, unfortunately titled Freakonomics, is broken into six chapters, each posing a different social question. Levitt and Dubner answer them using empirical research and statistical analysis. And unlike academics who usually address these matters, they don't clutter the prose with a lot of caveats. They just show you the goods. Freakonomics is about unconventional wisdom, using the raw data of economics in imaginative ways to ask clever and diverting questions. Levitt even redefines his definition. If, as he says, economics is essentially about incentives and how people realise them, then economics is a prospecting tool, not a laboratory microscope. Is contained inFreakonomics Set - Freakonomics: A Rogue Economist Explores the Hidden Side of Everything (Signed Edition - Easton Press); Super Freakonomics: Global Cooling, Patriotic Prostitutes, and Why Suicide Bombers Should Buy Life Insurance; Think Like a Freak: The Authors of Freakonomics Offer to Retrain Your Brain by Steven D. Levitt Has the (non-series) sequelInspiredHas as a student's study guideAwardsDistinctionsNotable Lists
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 Levitt is not a typical economist. He studies the stuff and riddles of everyday life--from cheating and crime to sports and child rearing--and his conclusions regularly turn the conventional wisdom on its head. The authors 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 this book, they set out to explore the hidden side of everything. If morality represents how we would like the world to work, then economics represents how it actually does work.--From publisher description. No library descriptions found. |
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The next most positive thing to say about Freakonomics is that it's well written. Having a co-author that is a writer was a major boon. Although each chapter was adapted from work published in peer-reviewed journals, the chapters have similar voices and lengths and flow into the next chapter.
The detractors are the unevenness of evidence for some claims versus others (for instance, the entire chapter on names, while interesting, lacks the evidence to reach any sort of conclusion.) The other major problem with Freakonomics is the excerpts of the article on Levitt that preface each chapter. These laudatory pieces are very off-putting in a book that is co-authored by Levitt -- toot your horn somewhere else! ( )