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Book Review: Freakonomics: A Rogue Economist Explores the Hidden Side of Everything.
This paper aims to present the book review of ‘Freakonomics: A Rogue Economist Explores the Hidden Side of Everything’ along with the main arguments, course applications and personal opinions.
The Main Arguments
The authors have given entirely different viewpoints about various economic aspects. For instance, they have compared gun with a swimming pool, sumo wrestlers and school teachers etc. In addition to this, they have revealed the misuse of power by the real estate agents, the common elements between drug dealers and high school quarterback, sudden decline in crime rates of USA after 1990s and the crucial matters concerning parents and parenting.
The authors have strongly argued that economics is fundamentally the study of enticement and incentives (Levitt). As per the economic grounds people strive to get what they really need or want. The situation becomes even more complex when the same thing is required by different individuals. These points are robustly communicated through cynical insight and storytelling. Since Steven D. Levitt has expertise in studying daily life riddles therefore he is able to consider the influencing aspects of cheating, parenting, crime and sports differently (Levitt). In Freakonomics he has reached to certain conclusions which are contradicting to the conventional economic theories. Levitt and Dubner have comprehensively explored the inside operations of crack gang. Moreover, they revealed the furtive characteristics of Ku Klux Klan. I have found the description of Real Estate Agents most interesting as it indicates the importance and power of information. The authors have explicitly explained that how the expe...

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...ave been secured while on the other hand the crime rate in USA could also be reduced. Murdering an innocent unborn human being is no way a reason behind the successful crime reduction in USA.
However, still in order to get convinced over the Roe’s case study given in the book I would be requiring more facts and figures about the court hearings and how the case was preceded. Since abortion is not a simple matter which the USA government can sanction easily therefore there must have been some other incidents. These might help us in further understanding of the case’s relationship with economic theories and especially the reduction in crime across America in the last decade. In addition to this supplementary referencing to some other cases regarding abortion in world’s history will better facilitate me agreeing to this particular point raised by the authors.

In this essay, the author

  • Aims to present the book review of 'freakonomics: a rogue economist explores the hidden side of everything' along with the main arguments, course applications and personal opinions.
  • Explains that the book relates to different economic concepts that we have learned already.
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