Freakonomics: A Rogue Economist Explores the Hidden Side of Everything

«The long-awaited paperback edition of FREAKONOMICS, with a new preface, additional material, and an exclusive Q &A with Steven Levitt and Stephen Dubner.»9780061956270 KurztextIn the summer of 2003, the New York Times Magazine sent Stephen J. Dubner, an author and journalist, to write a profile of Steven D. Levitt, a heralded young economist at the University of Chicago. Levitt was not remotely interested in the things that interest most economists. Instead, he studied the riddles of everyday lifeùfrom cheating to crime to child-rearingùand his conclusions turned the conventional wisdom on its head. For instance, he argued that one of the main causes of the crime drop of the 1990s was the legalization of abortion twenty years earlier. (Unwanted children have a greater likelihood of becoming criminals; with so many unwanted children being aborted in the 1970s, the pool of potential criminals had significantly shrunk by the 1990s.) The Times article yielded an unprecedented response, a deluge of interest from thousands of curious, inspired, and occasionally distraught readers. Levitt and Dubner collaborated on a book that gives full play to Levitt Æs most compelling ideas. Through forceful storytelling and pungent insight. FREAKONOMICS reminds us all that economics is, at root, the study of incentivesù how people get what they want, or need, especially when other people want or need the same thing. Among the questions it answers: Which is more dangerous, a gun or a swimming pool? If drug dealers make so much money, why do they still live with their mothers? What makes a perfect parent? And, of course: What do schoolteachers and sumo wrestlers have in common? (Answer: they both cheat.)»»9780061956270 AutorenportrõtSteven Levitt is a Professor of Economics at the University of Chicago and an editor of The Journal of Political Economy. In January 2004 he was awarded the John Bates Clark medalù for the economist under 40 who has made the greatest contribution to the disciplineùby the American Economic Association.Stephen J. Dubner is the author of Confessions of a Hero Worshiper and Turbulent Souls and is a former writer and editor at the New York Times Magazine. He lives in New York City with his family.»»9780061956270 RezensionôIf Indiana Jones were an economist, heÆd be Steven Levittà Mr. Levitt is famous not as a master of dry technical arcana but as a maverick treasure hunter who relies for success on his wit, pluck and disregard for conventional wisdom. Mr. LevittÆs typical quarry is hidden not in some exotic locale but in a pile of data. His genius is to take a seemingly meaningless set of numbers, ferret out the telltale pattern and recognize what it meansà Freakonomics reads like a detective novelà Economists, ever wary of devaluing their currency, tend to be stinting in their praise. I therefore tried hard to find something in this book that I could complain about. But I give up. Criticizing Freakonomics would be like criticizing a hot fudge sundaeà. The cherry on top of the sundae is Mr. LevittÆs co-author, Stephen Dubner, a journalist who clearly understands what he is writing about and explains it in prose that has you chuckling one minute and gasping in amazement the next. Mr. Dubner is a treasure of the rarest sort; we are fortunate that Mr. Levitt managed to find him. I think I detect a pattern.ö (Wall Street Journal)».»