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 riddles of everyday life -- from cheating and crime to sports and child rearing -- and whose conclusions regularly turn the conventional wisdom on its head. Thus the new field of study contained in this book: Freakonomics.
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 secrets of the Ku Klux Klan.
What unites all these stories is a belief that the modern world 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.
According to economist Levitt and writer Dubner, everything--including the cheating habits of Sumo wrestlers, the choice of baby names, the finances of crack dealers, or the likelihood of bagel theft--can be decoded if we study the numbers. Using a freewheeling narrative style that jumps from one cultural phenomenon to another, FREAKONOMICS takes on conventional wisdom. (No, apparently it doesn't help much if you read to your child, and, yes, even Harvard graduates from good families can become serial killers.) There's no unified field theory here, but there is a message behind the medium: Don't trust the experts. Co-author Dubner reads in a friendly, instructive style that captures the enthusiasm of the authors. This is especially recommended for those who liked the books of Malcolm Gladwell or James Surowiecki's THE WISDOM OF CROWDS. R.W.S. (c) AudioFile 2005, Portland, Maine
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