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Freakonomics by Steven D. Levitt
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Freakonomics : A Rogue Economist Explores the Hidden Side of Everything

by Steven D. Levitt

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11,40222266 (3.86)92
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William Morrow (2005), Roughcut

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Showing 1-5 of 218 (next | show all)
If my econ courses in college had been this awesome I probably wouldn't have majored in English. This book is so interesting, and presents information in such an informative, yet entertaining, manner, it's hard to put down. Literally everyone you know (assuming they can read) will benefit from reading this book. It's stellar. ( )
sacrain | Jul 9, 2009 |  
There's nothing deep here. The early chapters are fun and entertaining; good reading on the train. But eventually the humor dissolves into lists of baby names differentiated by the race and social standing of the parents. The author purports that the book will deliver us from the grasp of conventional wisdom; but in the final analysis it lacks any serious unconventional wisdom. ( )
IronMike | Jul 8, 2009 |  
This was an okay read with a couple of interesting anecdotes and facts, but it failed, for me at least, to make any truly interesting assertions or draw any compelling conclusions. ( )
bumpish | Jul 5, 2009 |  
A very interesting look at some of the seemingly indirect relationships between random events and closely correlated outcomes. Very engaging, and an excellent read! I recommend reading this along with "The Tipping Point" and "Bl!nk" for a good view of opposing paradigms on socio-economic patters and their relative outcomes. ( )
bribaker2001 | Jun 25, 2009 |  
I have read part of this - the part about the drug trade - and as an economist I don't find much wrong with it. (Not that I've checked his empirical work.)

However, non-economists should know that Levitt is not a "rogue." Economists for decades have been applying economic analysis to topics that non-economists probably regard as "off-beat." Some examples of published papers or working papers by economists:

Gender Differences in Mate Selection: Evidence from a Speed Dating Experiment

A Natural Experiment in Jeopardy!

It’s Fourth Down and What does the Bellman Equation Say?

Poverty and Witch Killing

Economic Growth Given Machine Intelligence (This paper’s “byline” lists the author as being in Berkeley's School of Public Health; he has since become a Professor of Econonomics at George Mason U.)

So enjoy the book, but understand that the portrayal of Levitt as a "maverick" is just marketing. A better description of him would be "conventional middle-of-the-road mainstream economist." I hope this doesn't ruin the fun for anyone!
Carnophile | Jun 24, 2009 |  
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The most brilliant young economist in America -- the one so deemed, at least, by a jury of his elders -- brakes to a stop at a traffic light on Chicago's south side.
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Amazon.com (ISBN 0061234001, Hardcover)

Economics is not widely considered to be one of the sexier sciences. The annual Nobel Prize winner in that field never receives as much publicity as his or her compatriots in peace, literature, or physics. But if such slights are based on the notion that economics is dull, or that economists are concerned only with finance itself, Steven D. Levitt will change some minds. In Freakonomics (written with Stephen J. Dubner), Levitt argues that many apparent mysteries of everyday life don't need to be so mysterious: they could be illuminated and made even more fascinating by asking the right questions and drawing connections. For example, Levitt traces the drop in violent crime rates to a drop in violent criminals and, digging further, to the Roe v. Wade decision that preempted the existence of some people who would be born to poverty and hardship. Elsewhere, by analyzing data gathered from inner-city Chicago drug-dealing gangs, Levitt outlines a corporate structure much like McDonald's, where the top bosses make great money while scores of underlings make something below minimum wage. And in a section that may alarm or relieve worried parents, Levitt argues that parenting methods don't really matter much and that a backyard swimming pool is much more dangerous than a gun. These enlightening chapters are separated by effusive passages from Dubner's 2003 profile of Levitt in The New York Times Magazine, which led to the book being written. In a book filled with bold logic, such back-patting veers Freakonomics, however briefly, away from what Levitt actually has to say. Although maybe there's a good economic reason for that too, and we're just not getting it yet. --John Moe

(retrieved from Amazon Fri, 24 Apr 2009 07:58:12 -0400)

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