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Freakonomics: A Rogue Economist Explores the Hidden Side of Everything
 
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Freakonomics: A Rogue Economist Explores the Hidden Side of Everything [UNABRIDGED] (Audio CD)

by Steven D. Levitt (Author), Stephen J. Dubner (Narrator)
3.9 out of 5 stars See all reviews (1,653 customer reviews)


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Editorial Reviews

Amazon.com Review
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 --This text refers to an out of print or unavailable edition of this title.

From Publishers Weekly
Though the idea of listening to an economics text may bring to mind nightmarish visions of incomprehensible facts, figures and graphs, this audiobook is refreshingly accessible and engrossing. Journalist Dubner reads with just the right mix of enthusiasm and awe, revealing juicy morsels of wisdom on everything from what sumo wrestlers and teachers have in common (a propensity to cheat) to whether parents can really push their kids to greatness by buying them Baby Einstein toys and enlisting them in numerous before- and after-school activities (not really). The only section that doesn't translate well to the format is the final one on naming conventions. The lists of "White Girl Names" and "Black Girl Names," and "Low-End" names and "High-End" names can be mind-numbing, though the text that breaks up these lists will intrigue. Overall, however, these unusual investigations by Levitt, the "rogue" of the subtitle, make for meaty—and entertaining—listening.
Copyright © Reed Business Information, a division of Reed Elsevier Inc. All rights reserved.

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Product Details

  • Audio CD
  • Publisher: HarperAudio; Unabridged edition (April 12, 2005)
  • Language: English
  • ISBN-10: 0060776137
  • ISBN-13: 978-0060776138
  • Product Dimensions: 5.8 x 5.2 x 0.8 inches
  • Shipping Weight: 4.8 ounces
  • Average Customer Review: 3.9 out of 5 stars See all reviews (1,653 customer reviews)
  • Amazon.com Sales Rank: #325,182 in Books (See Bestsellers in Books)

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68 of 73 people found the following review helpful:
5.0 out of 5 stars An Entertaining Lesson on Breaking Out of the Mold, May 6, 2005
This book succeeds at analyzing sociological developments in a way that is entertaining because Steven Levitt, an economist who strays from convention, has a knack for unpeeling layers and layers of assumptions and myth and showing the real causes behind trends. He shows, to name some examples, how our names affect our career paths; how abortion and the crime rate are related; how a man used his cunning to humiliate the Klu Klux Klan rather than rely on conventional methods; how easy it is to identify the role of public school teachers when they help their students cheat on standardized tests; why drug dealing is only lucrative for the dealers at the top of the pyramid; the myth that real estate agents are looking for our best interests.

The book, co-authored by Stephen J. Dubner, is breezy and anecdotal, which is an effective format for presenting a lot of sociological trends without being dry or losing the scintillating reportage in dense prose.

The lesson of this book is that we should be leery of trusting society's common assumptions or common wisdom. In other words, the book encourages us to keep our mind alert and break out of the mold in the way we see things. By looking at social trends with a fresh eye, the book succeeds at making economic trends a fun, adventurous endeavor.

If I were to criticize the book, it would be that it is too short. It's barely 200 pages and if you take out the blank chapter pages, the charts, the lists, and so on, it's really closer to 150 pages. Because the material is so current and topical, the method of "freakonomics" presented here would make a good format for a monthly magazine. My guess is that there will be many sequels.
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38 of 39 people found the following review helpful:
4.0 out of 5 stars A less dismal side of economics, April 30, 2005
By Bearette24 (New York, NY) - See all my reviews
  
Steven Levitt, an economist at U Chicago, is less interested in numbers and more interested in why people turn out the way they do. He examines the influence of incentive, heredity, the neighborhood you grew up in, etc.

Some of his conclusions are less than earth-shattering. For example, African-American names (DeShawn, Latanya) don't influence African-American test performance. As a second example, Levitt compiled data regarding online dating websites and concluded that bald men and overweight women fared badly. Not rocket science.

However, Levitt livens up the book with some controversial discussions. He believes that the dramatic drop in crime in the 1990s can be traced to Roe v. Wade. He thinks that the children who would have committed crimes (due to being brought up by impoverished, teenage, single mothers) are simply not being born as often.

He also writes about the man who more or less singlehandedly contributed to the KKK's demise by infiltrating their group and leaking their secret passwords and rituals to the people behind the Superman comic book (Superman needed a new enemy).

Interestingly, he also discusses how overbearing parents don't contribute to a child's success. For example, having a lot of books in the house has a positive influence on children's test scores, but reading to a child a lot has no effect. Highly educated parents are also a plus, while limiting children's television time is irrelevant. Similarly, political candidates who have a lot of money to finance their campaigns are still out of luck if no one likes them.

In the chapter entitled "Why Drug Dealers Live With Their Mothers," Levitt explores the economics of drug dealing. An Indian, Harvard-affiliated scholar decided to get up close and personal with crack gangs and got some notebooks documenting their finances. Levitt concludes that drug dealers' empires are a lot like McDonald's or the publishing industry in Manhattan - only the people on the very top of the pyramid do well financially, while the burger flippers, editorial assistants, and low-level drug runners don't (indeed, some of them work for free, or in return for protection!)

Overall, this is a lively read, with some obvious conclusions and some not so obvious.
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38 of 41 people found the following review helpful:
4.0 out of 5 stars Insightful and entertaining, April 17, 2005
Steven Levitt has a remarkable gift for using the tools of traditional economics to illuminate completely un-traditional problems. While some of the topics covered in FREAKONOMICS are loosely connected to business (the chapter on crack gangs is especially interesting in this regard), the real delight of this book is the light it sheds on issues that many of us have perhaps thought about but never considered rigorously: What effect does a kid's name have on his or her future? Do teachers graded on how well they prepare kids to take tests cheat? What accounts for the precipitous decline in crime in the U.S. in the 1990s? Levitt's answers are not always perfect or completely provable, but they are always intriguing.

The book is not perfect: the prose is sometimes too glib, and the authors occasionally embark on digressions that aren't really all that compelling. Nor should you expect a coherent through-line to the book: the only real connection between the various subjects is that Levitt worked on them. But in the end this doesn't really take away from the pleasure of reading the book. It's enormously enjoyable, as well as being provocative. If you like counterintuitive thinking like Malcolm Gladwell's THE TIPPING POINT or James Surowiecki's THE WISDOM OF CROWDS, you're pretty much guaranteed to love this.
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Most Recent Customer Reviews

3.0 out of 5 stars Good, not great
I had a hard time giving this book 3 stars, because I think it is so incredibly overrated. So many people I talked to before reading the book made it seem like it was the most... Read more
Published 11 days ago by Brian J. Niesen

5.0 out of 5 stars Socio-Economics
Excellently written!

Goes a long way in validating "my" hypothesis that things are not what they seem despite what the initial facts may say! Read more
Published 15 days ago by Ravi Deva

5.0 out of 5 stars Thought Provoking.
I don't necessarily agree with all or any of what is written, but it made me think. I am a statistician at work and it was really intriguing to see how the numbers are presented... Read more
Published 19 days ago by A. Sheffield

5.0 out of 5 stars Great Book
I have been reading books by economists for years. Steven Levitt by far is the most unconventional outside the box thinker I have ever read. Read more
Published 19 days ago by John O. Meekins IV

4.0 out of 5 stars Interesting book
Lots of fascinating ideas in the book. Not everything in here is 100% convincing, but I highly recommend reading it, especially with a critical mind.
Published 21 days ago by James W. Murdock IV

5.0 out of 5 stars Dumb Title, Fascinating Book
I hate the word "Freakonomics." It's not intuitive (what the hell does it mean), and it's actually misleading. Read more
Published 24 days ago by Avid Reader

2.0 out of 5 stars More flaws than fact... but hillarious none the less.
I suppose if you're studying the economics of neighborhood garage sales... ahhh nevermind!

The real estate example was worth a few bucks for the laughs I receive when... Read more
Published 29 days ago by Jason Bradley

4.0 out of 5 stars Freakonomics: Yes, You Have to Read This One
Data is cheap. (Or perhaps not in all cases.) But in any case, insights from data have even more value. Read more
Published 1 month ago by Scott

5.0 out of 5 stars freaky good
This book is very informative although not quite what I expected. It draws from a lot of real world examples and presents diffent theories to explain why things happen.
Published 1 month ago by Jonathan A. Schneider

4.0 out of 5 stars Would Recommend
Overall, I found the book very entertaining. It won't teach you much about economics, but it will get you thinking and perhaps questioning. Read more
Published 1 month ago by B. Weiss

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Abortion rates and a decline in violent crime rates? 8 2 months ago
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