26 of 26 people found the following review helpful
Wide Audience Book,
This review is from: Freakonomics Revised and Expanded (Paperback)
This book, described as melding pop culture with economics, is a collection of economic articles written by University of Chicago economist Steven Levitt, translated into prose meant for a wide audience by New York Times journalist Stephen J. Dubner. Levitt had already gained a reputation in academia for applying economic theory to diverse subjects not usually covered by "traditional" economists.
"Freakonomics" peaked at number two among nonfiction on the New York Times bestseller list and was named the 2006 Book Sense Book of the Year in the Adult Nonfiction category.
It became so popular that the other authors began to scrutinize "Freakonomics" in their new books.
Currently, more than 18 books cite Freakonomics. For example, "Freedomnomics", a book is a book by John R. Lott, Jr. (author of More Guns, Less Crime and The Bias Against Guns) takes an economic look at the effects of the free market, and presents some arguments against those found in "Freakonomics". Another example is presented by Ben Fine, author of "Marx's Capital" (2003), "The New Development Economics" (2005), "Social Capital Versus Social Theory" (2007), will release a new book in December 2008, entitled "From Political Economy to Freakonomics".
In "Freakonomics", the authors demonstrate the power of data mining. Many of their results emerge from Levitt's analysis of various databases, and his creativity in asking the right questions. But the book is somewhat oversimplified, because it is targeted to wide audience.
If you like the creativity in asking the right questions, the power to analyze the data, to think differently to popular beliefs, and if you don't like wide audience books, I would recommend "The Only Three Questions That Count" by Kenneth L. Fisher. Both books are essentially about the same, but "The Only Three Questions That Count" is deeper than "Freakonomics".