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Freakonomics: A Rogue Economist Explores the Hidden Side of Everything (2005)

by Steven D. Levitt, Stephen J. Dubner

Other authors: See the other authors section.

Series: Freakonomics (1)

MembersReviewsPopularityAverage ratingMentions
25,967460132 (3.83)293
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 Levitt is not a typical economist. He studies the stuff and riddles of everyday life--from cheating and crime to sports and child rearing--and his conclusions regularly turn the conventional wisdom on its head. The authors 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 this book, they set out to explore the hidden side of everything. If morality represents how we would like the world to work, then economics represents how it actually does work.--From publisher description.… (more)
Recently added byprivate library, edenose, jennykelly, jojoc54, Inthrylius, celisjones20, gracieuxbella, rvreads
Legacy LibrariesDavid Foster Wallace
  1. 182
    Predictably Irrational: The Hidden Forces That Shape Our Decisions by Dan Ariely (_Zoe_)
  2. 141
    SuperFreakonomics: Global Cooling, Patriotic Prostitutes, and Why Suicide Bombers Should Buy Life Insurance by Steven D. Levitt (conceptDawg)
    conceptDawg: Similar content, same authors. If you liked one you'll like the other.
  3. 70
    The Undercover Economist: Exposing Why the Rich Are Rich, the Poor Are Poor—and Why You Can Never Buy a Decent Used Car by Tim Harford (waitingtoderail)
    waitingtoderail: A much better book than Freakonomics, as wide-ranging but not as scattershot.
  4. 30
    The Drunkard's Walk: How Randomness Rules Our Lives by Leonard Mlodinow (wendelin39)
    wendelin39: awesome.. economics psych and even some puzzles revealing something about your brain in one
  5. 30
    Think Like a Freak by Steven D. Levitt (Percevan)
  6. 20
    More Sex Is Safer Sex: The Unconventional Wisdom of Economics by Steven E. Landsburg (Sandydog1)
  7. 31
    Traffic: Why We Drive the Way We Do (and What It Says About Us) by Tom Vanderbilt (vnovak)
  8. 21
    Quirkology: The Curious Science Of Everyday Lives by Richard Wiseman (edwbaker)
  9. 32
    Bad Science: Quacks, Hacks, and Big Pharma Flacks by Ben Goldacre (Rynooo)
  10. 21
    Moneyball: The Art of Winning an Unfair Game by Michael Lewis (tcarter)
  11. 54
    Outliers: The Story of Success by Malcolm Gladwell (dste)
    dste: Another interesting book that looks at some ideas we think are right and turns them upside down.
  12. 22
    Nudge: Improving Decisions About Health, Wealth, and Happiness by Richard H. Thaler (espertus)
  13. 00
    You Are Now Less Dumb: How to Conquer Mob Mentality, How to Buy Happiness, and All the Other Ways to Outsmart Yourself by David McRaney (Sandydog1)
  14. 22
    The Myth of the Rational Voter: Why Democracies Choose Bad Policies by Bryan Caplan (mercure)
    mercure: The freakonomics of democracy
  15. 11
    The Economic Naturalist: In Search of Explanations for Everyday Enigmas by Robert H. Frank (ljessen)
  16. 12
    Information Rules: A Strategic Guide to the Network Economy by Carl Shapiro (infiniteletters)
  17. 01
    Dollars and Sex: How Economics Influences Sex and Love by Marina Adshade (_Zoe_)
  18. 01
    Soccernomics: Why England Loses, Why Germany and Brazil Win, and Why the U.S., Japan, Australia, Turkey--and Even Iraq--Are Destined to Become the Kings of the World's Most Popular Sport by Simon Kuper (Anonymous user)
    Anonymous user: Freakonomics for football fans
  19. 12
    Scorecasting: The Hidden Influences Behind How Sports Are Played and Games Are Won by Tobias J. Moskowitz (browner56)
    browner56: Economists use the tools of the "dismal science"--both traditional and behavioral--to explain the pressing issues of the day, such as drug crime, school quality, and the home field advantage in football games.
  20. 01
    Rethink: The Surprising History of New Ideas by Steven Poole (CGlanovsky)
    CGlanovsky: Unexpected perspectives on a range of topics

(see all 22 recommendations)

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» See also 293 mentions

English (445)  Spanish (6)  French (4)  Swedish (1)  Italian (1)  Dutch (1)  Vietnamese (1)  All languages (459)
Showing 1-5 of 445 (next | show all)
A quick, easy read at 207 pages. Full of interesting ideas that will stay with me.

Recommended. ( )
  casey2962 | Dec 16, 2024 |
Предполагам, никой от вас не е дотолкова глупав, та да вярва, че това, което говорят по медиите и това, което повечето хора вярват, е всъщност фактическото положение на нещата. Но всички ние имаме определен начин на мислене, приемаме дадени твърдения за факти и някои изводи за очевидни, без да си правим труда да помислим върху тях…

Във Freakonomics, икономиста Стивън Левит и журналиста Стивън Дъбнър дават следния пример – вие имате две малки сладки дечица и съседите ви от двете страни имат деца на приблизително същата възраст. Едните съседи имат басейн и вие често пускате вашите деца да ходят на гости, за да се къпят в басейна. Не ги пускате да ходят у другите съседи обаче, защото бащата е бодигард и ловец и има в къщи пистолет и ловна карабина – и вие се страхувате, че децата може някой път да се изплъзнат от вниманието на родителите, да се заиграят с оръжието и да се наранят.

Защото огнестрелното оръжие е опасно, а басейните са безопасни, нали така? Грешка – всяка година в домашни условия 100 деца се самонараняват с оръжие, но над 500 се давят в басейни (в САЩ), при това басейни имат много по-малко хора – съвсем просто изследване на броя нещастни случаи с деца, разделен на броя на домакинствата с огнестрелно оръжие и домакинствата с басейни показва, че има 200 пъти по-голяма опасност детето ви да се удави в басейна, отколкото да се застреля при игра с пушката.

Само че хората не осмислят проблема по този начин – за повечето от нас басейните са всекидневни, слънчеви, приятни и желани – виждаме ги често и ги асоциираме с приятни преживявания. Докато пушките са метални, страшни, миришат странно – повечето хора виждат пушка рядко и я свързват със смърт и опасност.

Същото поведение наблюдавам и аз, когато практикувам две от хобитата си – стрелба с въздушна пушка и с лък. Хората се плашат от пушката и се принуждавам да излизам извън града с нея, но сами пращат децата си да ме молят да пострелят с лъка и нямат нищо против да го правя зад блока. Пушката е въздушна, не е мощна и е изключително точна – шансът да уцеля някого случайно докато стрелям в мишената си и да го нараня е практически нула. Лъкът от своя страна е реплика на 66 паундов прабългарски боен лък – може да пробие човек от 50 метра и не е прецизно точен, така че вероятността за нещастен случай е много по-голяма. Но, както казах, пушките са страшни, метални и по филмите убиват, а лъковете притежават определен забавен и екзотичен образ…

Подобен начин на мислене е съвсем естествен и се среща много често – един пример е страхът от ядрената енергия въпреки, че има повече смъртни случаи от перки, отколкото от избухнали реактори или изтекла радиация, както и страхът от ядреното оръжие, въпреки че то практически не е използвано и само наличието му предотврати Студената война да се превърне в трета световна. Но перките са „екологични“ и обичайни, разбираме как действат, докато ядрената енергия е мистериозна, навява мисли за филми с мутанти и бомби, войни и смърт.

Стивън Левит и Стивън Дъбнър са си поставили за цел да използват икономическия начин на мислене, за да дадат отговори на различни житейски въпроси от други области. Freakonomics не дава безкрайно много информация – само посочва десетина примера на изследвания на Стивън Левит, но те кара да погледнеш с други очи на най-различни проблеми, които ежедневието ти поставя и те кара да се замислиш по-дълбоко за причината нещата да се случват. Freakonomics е книга за любопитния ум, който не приема конвенционалните и общоприети отговори, а търси истината чрез нетрадиционното вглеждане във фактите. ( )
  Longanlon | Nov 19, 2024 |
Was in the running for a fifth star, especially for how the book breaks down reams of data into bite-sized chunks. There is a lot of trust to be placed in the authors that they are not skewing anything, except they cite their data sets and are also advocating methods of looking at incentives and patterns to find hidden relationships. Even if one of their stories doesn't pan out, the overall effect is eye-opening.

However, there are a couple of times in the book that Levitt takes pains to acknowledge the many contradictory studies and experts in a given field (parenting, education) before switching gears to, "anyway, here's a study that says..." and exploring its ramifications. I appreciate the self-awareness of the authors as they touch on fields crowded with commentary and research, but too many disclaimers can muddy the water.

I listened to the audiobook version and found it to be clear, pleasant, sometimes challenging brain candy while commuting. ( )
  tmaluck | Nov 17, 2024 |
I am not a believer of the "numbers don't lie." I think they lie and get manipulated all the time. But the numbers used in this book are fascinating in the way watching a car accident is fascinating: you are disgusted but can't look away. ( )
  cgalvin | Nov 9, 2024 |
Good point: This book turned out to be mostly about data mining.
Bad point: I was hoping to read a book about economy for dummies.
Good point: It was fun to read, with lots of silly factoids.
Bad point: the factoids were not all that interesting for people outside of the USA.
Good point: It gave me nice ideas for data mining projects.
Bad point: the cheese. It was everywhere.
Bad point: the ending of each chapter contained at least one paragraph singing praise of Mr. Levitt. Really. I don't care if he's child prodigy / genius / revolutionary. I'm interested in his work, not his person. It's not bloody Bertrand Russell. Let his brilliancy speak for itself.
( )
  jd7h | Feb 18, 2024 |
Showing 1-5 of 445 (next | show all)
Economists can seem a little arrogant at times. They have a set of techniques and habits of thought that they regard as more ''rigorous'' than those of other social scientists. When they are successful -- one thinks of Amartya Sen's important work on the causes of famines, or Gary Becker's theory of marriage and rational behavior -- the result gets called economics. It might appear presumptuous of Steven Levitt to see himself as an all-purpose intellectual detective, fit to take on whatever puzzle of human behavior grabs his fancy. But on the evidence of ''Freakonomics,'' the presumption is earned.
 
added by Shortride | editThe Economist (pay site) (May 12, 2005)
 
The book, unfortunately titled Freakonomics, is broken into six chapters, each posing a different social question. Levitt and Dubner answer them using empirical research and statistical analysis. And unlike academics who usually address these matters, they don't clutter the prose with a lot of caveats. They just show you the goods.
added by Shortride | editTime, Amanda Ripley (Apr 24, 2005)
 
Freakonomics is about unconventional wisdom, using the raw data of economics in imaginative ways to ask clever and diverting questions. Levitt even redefines his definition. If, as he says, economics is essentially about incentives and how people realise them, then economics is a prospecting tool, not a laboratory microscope.
 

» Add other authors (9 possible)

Author nameRoleType of authorWork?Status
Steven D. Levittprimary authorall editionscalculated
Dubner, Stephen J.main authorall editionsconfirmed
Lindgren, StefanTranslatorsecondary authorsome editionsconfirmed
Seidenfaden, TøgerPrefacesecondary authorsome editionsconfirmed
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The most brilliant young economist in America—the one so deemed, at least, by a jury of his elders—brakes to a stop at a traffic light on Chicago's south side.
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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? 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 Levitt is not a typical economist. He studies the stuff and riddles of everyday life--from cheating and crime to sports and child rearing--and his conclusions regularly turn the conventional wisdom on its head. The authors 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 this book, they set out to explore the hidden side of everything. If morality represents how we would like the world to work, then economics represents how it actually does work.--From publisher description.

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