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Freakonomics

A Rogue Economist Explores the Hidden Side of Everything

By Steven D. Levitt (Author), Stephen J. Dubner (Author)

Paperback published by William Morrow Paperbacks

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About This Book

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.

Bonus material added to the revised and expanded 2006 edition

The original New York Times Magazine article about Steven D. Levitt by Stephen J. Dubner, which led to the creation of this book.

Seven “Freakonomics” columns written for the New York Times Magazine, published between August 2005 and April 2006.

Selected entries from the Freakonomics blog, posted between April 2005 and May 2006 at http://www.freakonomics.com/blog/.

Show less

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.

Bonus material added to the revised and expanded 2006 edition

The original New York Times Magazine article about Steven D. Levitt by Stephen J. Dubner, which led to the creation of this book.

Seven “Freakonomics” columns written for the New York Times Magazine, published between August 2005 and April 2006.

Selected entries from the Freakonomics blog, posted between April 2005 and May 2006 at http://www.freakonomics.com/blog/.

Product Details
Paperback (352 pages)
Published: August 25, 2009
Imprint: William Morrow Paperbacks
ISBN: 9780060731335
Other books bySteven D. Levitt
  • Think Like a Freak

    Think Like a Freak
    In their smash #1 international bestseller Freakonomics, Steven D. Levitt and Stephen J. Dubner showed the world that applying counterintuitive approaches to everyday problems can bear surprising results. In this dynamic, essential book, they turn your brain inside-out, teaching you how to think like a freak. Levitt and Dubner analyze the decisions we make, the plans we create and the morals we choose, and they show how their insights can be applied to daily life to make smarter, harder and better decisions. Filled with illustrations and numerous short chapters, each functioning as a stand-alone entry into their “tool kit” for living and thinking like a freak, Levitt and Dubner offer entertaining and practical insights, from “The Upside of Quitting” to “How to Succeed—With No Talent.” A must-have handbook for decision-making, Think Like a Freak will radically transform the way you look at every aspect of your life.

    SuperFreakonomics

    SuperFreakonomics
    The New York Times bestselling Freakonomics was a worldwide sensation, selling more than four million copies in thirty-five languages and changing the way we look at the world. Steven D. Levitt and Stephen J. Dubner return with Superfreakonomics, and fans and newcomers alike will find that the freakquel is even bolder, funnier, and more surprising than the first. SuperFreakonomics challenges the way we think all over again, exploring the hidden side of everything with such questions as: How is a street prostitute like a department-store Santa? What do hurricanes, heart attacks, and highway deaths have in common? Can eating kangaroo save the planet? Levitt and Dubner mix smart thinking and great storytelling like no one else. By examining how people respond to incentives, they show the world for what it really is—good, bad, ugly, and, in the final analysis, super freaky. Freakonomics has been imitated many times over—but only now, with SuperFreakonomics, has it met its match.

    SuperFreakonomics

    SuperFreakonomics
    Global Cooling, Patriotic Prostitutes and Why...
    SuperFreakonomics was an instant New York Times bestseller that caused a media uproar, continuing the amazing success begun with the groundbreaking, worldwide sensation Freakonomics. SuperFreakonomics challenges the way we think all over again, exploring the hidden side of everything with such questions as: How is a street prostitute like a department-store Santa? Why are doctors so bad at washing their hands? How much good do car seats do? What’s the best way to catch a terrorist? Did TV cause a rise in crime? What do hurricanes, heart attacks, and highway deaths have in common? Are people hard-wired for altruism or selfishness? Can eating kangaroo save the planet? Which adds more value: a pimp or a Realtor? Freakonomics has been imitated many times over -- but only now, with SuperFreakonomics, has it met its match.

    SuperFreakonomics, Illustrated edition

    SuperFreakonomics, Illustrated edition
    Seeing is believing . . . The Smash Hit SuperFreakonomics is now Bigger and Better SuperFreakonomics was an instant New York Times bestseller that caused a media uproar, continuing the amazing success begun with the groundbreaking, worldwide sensation Freakonomics. With the Illustrated Edition, Steven D. Levitt and Stephen J. Dubner bring alive their smart thinking and great storytelling with an explosion of visual evidence, including: A by-the-numbers tally of a high-priced call girl's career, and a tracking sheet from an intensive survey of Chicago street prostitutes. A visual quiz that lets you pit your memory against the memory of a chess grand master. Images of the hurricane-killing machine and other geo-engineering inventions described in SuperFreakonomics. A look into whether doctors are better at saving lives in TV dramas or in real hospitals. Whether probing the intricacies of sex change oper-ations, the effectiveness of child car seats, or what really motivates people to do good, the Illustrated Edition of SuperFreakonomics employs photographs, drawings, and graphs that will lead readers to see the world in a bold, fresh way.

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  • December 28, 2012
    SPEEDY74
    LibraryThing User

    I read this book on the recommendation of my son who is attending Iowa State University and read this as part of his economics class. That having been said, this is the type of book I would not typically pick up. However, I really enjoyed the thought process Levitt engages in to answer some completely unrelated, but interesting questions. If I could get my high school students to ask these types of questions and analyze materials for the answers, I would feel like I have done a great job as an educator. While I am not a numbers person, I really enjoyed Levitt's analysis of the numbers as well as his background information. I particularly liked the information about the KKK, drug dealers, and perfect parents. A very interesting read for people from a wide variety of backgrounds!

    Show less

    I read this book on the recommendation of my son who is attending Iowa State University and read this as part of his economics class. That having been said, this is the type of book I would not typically pick up. However, I really enjoyed the thought process Levitt engages in to answer some completely unrelated, but interesting questions. If I could get my high school students to ask these types of questions and analyze materials for the answers, I would feel like I have done a great job as an educator. While I am not a numbers person, I really enjoyed Levitt's analysis of the numbers as well as his background information. I particularly liked the information about the KKK, drug dealers, and perfect parents. A very interesting read for people from a wide variety of backgrounds!


    Was this review helpful to you? Helpful|Not Helpful


  • November 24, 2012
    EEIO
    LibraryThing User

    entertaining read, a number of very compelling arguments. the tone if very annoying though, it is written in a mass paperback pop science pseudo enthusiastic yet patronizing tone. i suppose it's merit is that it translates and summarizes a number of studies and papers that are probably quite dry into a compilation that can be casually read by the lay person.

    Show less

    entertaining read, a number of very compelling arguments. the tone if very annoying though, it is written in a mass paperback pop science pseudo enthusiastic yet patronizing tone. i suppose it's merit is that it translates and summarizes a number of studies and papers that are probably quite dry into a compilation that can be casually read by the lay person.


    Was this review helpful to you? Helpful|Not Helpful


  • November 17, 2012
    REALBIGCAT
    LibraryThing User

    This is really an interesting book in relation to the unique facts it provides. Written by economists the book examines some very unique topics and provides eye opening information. Unique subjects include: Do sumo wrestlers cheat? The secrets of the Klu Klux Klan. The truth about Real Estate agents. CHeating on elementary school testing. Why crack dealers live at home. Truth behind incentives. There is much more and it's all written with a unique point of view and a suprising conclusion.

    Show less

    This is really an interesting book in relation to the unique facts it provides. Written by economists the book examines some very unique topics and provides eye opening information. Unique subjects include: Do sumo wrestlers cheat? The secrets of the Klu Klux Klan. The truth about Real Estate agents. CHeating on elementary school testing. Why crack dealers live at home. Truth behind incentives. There is much more and it's all written with a unique point of view and a suprising conclusion.


    Was this review helpful to you? Helpful|Not Helpful


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