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Freakonomics Rev Ed: (and Other Riddles of Modern Life)








HarperCollins e-books, 2006

average customer review:based on 1783 reviews
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   highly recommended  highly recommended






Great entertainment & food for thought

Simply put, Freakamomics is a great read for the masses due to the following.
1. It's an easy-to-read book that doesn't claim to give all the answers. Rather, the authors provide explanations for common occurances with a specific point of view.
2. You may have an "aha" moment by reading through the ideas presented in the book.

That said, readers should always take the information presented to them with a grain of salt, as the authors take a data-centric approach to explaining the issues within, which may not necessarily provide one with a holistic explanation.

Fun note: I had been stuck in traffic on the 405 freeway and was tired of the radio, so I enabled my Kindle's speech-to-text feature and had it read me a chapter as I slowly progressed to my destination. It made the time pass much easier and was easy to follow along with, except when it got to a list of names.


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Surprisingly good read

I normally fall asleep in the middle of books, this one had enough fun factoids to keep me awake through the whole thing.


Deep

Read this if you have the time, and energy, to spend exploring the deeper side of how an economist looks at trends around us.




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Awesome Logic

This book has such wonderful logic, and amazing use of data in ways that you would not have expected. It is amazing what you can deduce from data which you would not think could be valueable otherwise.








Finished in 2 days

I couldn't put this book down. Even in between work and school, I finished the book in only 2 sittings! Very thought provoking. A little bit of a stretch at times for some of the ideas presented but overall highly interesting! I'm about halfway through the second book already, and so far it's just as good. I highly suggest buying both.


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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.


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