good textbook written by Tyler Cowen
https://www.macmillanlearning.com/college/us/product/Modern-Principles-of-Economics/p/1319245390
Modern Principles of Economics, Fifth Edition (9781319245399) | Macmillan Learning
2021-01-01
Tyler Cowen; Alex Tabarrok
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<p><strong><br />Teaching, learning, and assessment for students in a multi-modal world. <br /></strong></p></h2>
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 	Available for the first time with Macmillan's new online learning platform, Achieve, <em>Modern Principles</em> is a tour-de-force with a unique combination of vivid writing, up-to-date relevant examples, and online resources unlike any other textbook for this market.</p><p>Tyler Cowen and Alex Tabarrok have long demonstrated their mastery at communicating economic principles in a clear, captivating way through their blog, The Marginal Revolution. And they are pioneers in online education. Their fully updated new edition has more high-quality material designed for online teaching than any other principles of economics textbook. Videos from Marginal Revolution University (MRU), Discovering Data questions, live links to FRED data, an e-book, and assessment all live under Macmillan's new learning platform, Achieve and combine to provide an online learning product for all types of learners whether in face to face, hybrid or pure online classes.</p></div>
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 	<p><strong>ONLINE<br />Achieve<br />Engage every student.</strong><br />Achieve is a comprehensive set of interconnected teaching and assessment tools. It incorporates the most effective elements from Macmillan’s market leading solutions—including Sapling, LaunchPad, iClicker and others—in a single, easy to use platform. Our resources were co-designed with instructors and students, using a foundation of learning research and rigorous testing. </p>
<p><strong>Featured in Achieve</strong><br />Marginal Revolution University (MRU) videos<br />More than 170 of these videos have been deeply integrated into the text and pedagogy of <em>Modern Principles</em>, providing valuable tools for both instructors and students throughout the learning path. These videos are linked in the text and at mru.org. Within Achieve, assignable, automatically graded quizzes accompany each video.</p>
<p><strong>Discovering Data Exercises</strong> <br />Based on up-to-the-minute FRED data, these exercises help students develop data literacy and synthesizing skills, encourage economic analysis based on recent trends, and build an understanding of the broader economy.</p>
<div><p><strong>IN THE TEXTBOOK</strong><br /><strong>New, modern examples</strong> including a discussion of housing prices and the elasticity of supply, the declining labor force participation rate of young men, the platform economics of free goods like Facebook and Twitter, monetary policy in a pandemic and the politics and economics of trade in the Trump era.<br /><strong> <br />Material that many other books ignore</strong>, such as how managers should choose between piece rates and tournaments and how firms increase their profits using bundling and tying.</p><p><strong>A powerful, more realistic AD-AS model (in macroeconomics)</strong> that combines insights from New Keynesian and Real Business Cycle models. In addition, the authors created a super simple Solow model which for the first time makes the Solow model of economic growth accessible to principles of economics students. </p></div>
<p><strong>Streamlined and uncluttered presentation</strong>— the text doesn’t have boxed features. The text is clean, to-the-point, and engaging, as the authors integrate examples throughout. Their writing style reflects the style of their popular blog, Marginal Revolution.</p></div>
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 <p>New to This Edition</p>
 
 <p><strong>ONLINE<br />Achieve<br />Engage every student.</strong><br />Achieve is a comprehensive set of interconnected teaching and assessment tools. It incorporates the most effective elements from Macmillan’s market leading solutions—including Sapling, LaunchPad, iClicker and others—in a single, easy to use platform. Our resources were co-designed with instructors and students, using a foundation of learning research and rigorous testing. <br /></p>
<p><strong>Featured in Achieve<br />Marginal Revolution University (MRU) videos</strong><br />More than 170 of these videos have been deeply integrated into the text and pedagogy of Modern Principles, providing valuable tools for both instructors and students throughout the learning path. These videos are linked in the text and at mru.org. Within Achieve, assignable, automatically graded quizzes accompany each video.</p>
<p><strong>Discovering Data Exercises</strong> <br />Based on up-to-the-minute FRED data, these exercises help students develop data literacy and synthesizing skills, encourage economic analysis based on recent trends, and build an understanding of the broader economy.</p>
<p><strong>IN THE TEXTBOOK ECON VERSION<br /></strong></p>
<ul>
<li>Integrated coverage of the impact of COVID-19</li>
<li>A discussion of housing prices and the elasticity of supply</li>
<li>The most relevant and timely chapter on international trade with new research on the effects of tariffs and on free trade</li>
<li>Updated coverage on climate change and the carbon tax in the chapter on externalities</li>
<li>Expanded coverage of the platform economics of free goods like Facebook and Twitter</li>
<li>New section on the declining labor force participation rate of young men</li>
<li>Updated monetary and fiscal policy to reflect the pandemic and the politics and economics of trade in the Trump era<br /></li></ul></div>
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 	<p>"I switched to Cowen/Tabarrok because I value the critical thinking perspectives they offer to students in their textbook--and I love all of the complementary teaching resources.”-Christopher Fawson, Utah State University</p>
<p>"Each of these videos is well done and I think they are all very useful. I've had some students in the past even comment on some of them indicating their usefulness in understanding the material."-David Gillete, Truman State University</p>
<p>"...one of the value-added elements of the Cowen and Tabarrok text is the excellent quality and presentation of the content in the accompanying videos."-Joseph Guider, Caldwell College</p>
<p>"I already encourage my students to watch these videos. They are really well done!"-Nakul Kumar, Northern Virginia Community College</p>
<p>"[The] short videos are always a hit with the students."-Sarah Sheikh, Calhoun Community College<br /></p></blockquote>
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 <h2>Table of Contents</h2>
 
 <p><strong>Preface</strong><br />1. The Big Ideas in Economics<br />2. The Power of Trade and Comparative Advantage</p><p> <strong>Part 1: Supply and Demand</strong><br />3. Supply and Demand<br />4. Equilibrium: How Supply and Demand Determine Prices<br />5. Elasticity and Its Applications<br />6. Taxes and Subsidies</p><p> <strong>Part 2: The Price System</strong><br />7. The Price System: Signals, Speculation, and Prediction<br />8. Price Ceilings and Floors<br />9. International Trade<br />10. Externalities: When the Price Is Not Right</p><p> <strong>Part 3: Firms and Factor Markets<br /></strong>11. Costs and Profit Maximization under Competition<br />12. Competition and the Invisible Hand<br />13. Monopoly<br />14. Price Discrimination and Pricing Strategy<br />15. Oligopoly and Game Theory<br />16. Networks, Platforms, and the Economics of “Free Goods”<br />17. Monopolistic Competition and Advertising<br />18. Labor Markets</p><p> <strong>Part 4: Government</strong><br />19. Public Goods and the Tragedy of the Commons<br />20. Political Economy and Public Choice<br />21. Economics, Ethics, and Public Policy</p><p> <strong>Part 5: Decision Making for Businesses, Investors, and Consumers</strong><br />22. Managing Incentives<br />23. Stock Markets and Personal Finance<br />24. Asymmetric Information: Moral Hazard and Adverse Selection<br />25 Consumer Choice</p><p> <strong>Part 6: Economic Growth<br /></strong>26. GDP and the Measurement of Progress<br />27. The Wealth of Nations and Economic Growth<br />28. Growth, Capital Accumulation, and the Economics of Ideas: Catching Up vs. the Cutting Edge<br />29. Saving, Investment, and the Financial System</p><p> <strong>Part 7: Business Fluctuations</strong><br />30. Unemployment and Labor Force Participation<br />31. Inflation and the Quantity Theory of Money<br />32. Business Fluctuations: Aggregate Demand and Supply<br />33. Transmission and Amplification Mechanisms</p><p> <strong>Part 8: Macroeconomic Policy and Institutions</strong><br />34. The Federal Reserve System and Open Market Operations<br />35. Monetary Policy<br />36. The Federal Budget: Taxes and Spending<br />37. Fiscal Policy</p><p> <strong>Part 9: International Economics</strong><br />38. International Finance</p><p> APPENDIX A Reading Graphs and Making Graphs<br />APPENDIX B Solutions to Check Yourself<br />Glossary G-1<br />References R-1<br />Index I-1</p></div>
 
 
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 <h3>Tyler Cowen</h3>
 <div><p><b>Tyler Cowen</b> is Holbert C. Harris Professor of Economics at George Mason University and Director of the Mercatus Center and the James M. Buchanan Center for Political Economy. He is published widely in economics journals, including the <i>American Economic Review</i> and <i>Journal of Political Economy</i>. With Alex Tabarrok he co-writes the <i>Marginal Revolution</i> blog, often ranked as the #1 economics blog. He is also the author of <i>Discover Your Inner Economist</i> (Dutton, 2007) and numerous other books on economics. He writes regularly for the popular press on economics, including for <i>The New York Times, The Washington Post, Forbes,</i> and<i> The Wilson Quarterly</i>.  University web page: <a href="http://economics.gmu.edu/faculty/tcowen.html">http://economics.gmu.edu/faculty/tcowen.html</a> WATCH: Tyler Cowen at the Economic Bloggers Forum.</p></div>
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 <h3>Alex Tabarrok</h3>
 <div><p><b>Alex Tabarrok</b> is Bartley J. Madden Chair in Economics at the Mercatus Center at George Mason University. Tabarrok is co-author with Tyler Cowen of the popular economics blog, Marginal Revolution. His recent research looks at bounty hunters, judicial incentives and elections, crime control, patent reform, methods to increase the supply of human organs for transplant, and the regulation of pharmaceuticals. He is the editor of the books, <i>Entrepreneurial Economics: Bright Ideas from the Dismal Science</i>; <i>The Voluntary City: Choice, Community, and Civil Society; and Changing the Guard</i>: <i>Private Prisons</i> and <i>The Control of Crime</i>. His papers have appeared in the <i>Journal of Law and Economics,</i> <i>Public Choice</i>, <i>Economic Inquiry</i>, <i>Journal of Health Economics</i>, <i>Journal of Theoretical Politics</i>, <i>The American Law and Economics Review</i>, <i>Kyklos</i> and many other journals. His popular articles have appeared in <i>The New York Times</i>, <i>The Wall Street Journal</i>, and many other magazines and newspapers.</p></div>
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	<small>
	Tyler Cowen; Alex Tabarrok | 
	Fifth Edition | 
	©2021 | 
	ISBN:9781319337933</small>
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	Instructors Resource Manual for Modern Principles of Economics (Online Only)</h3>
	<small>
	Tyler Cowen; Alex Tabarrok | 
	Fifth Edition | 
	©2021 | 
	ISBN:9781319337926</small>
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	Instructor's Resource Manual - Chapter 26
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	Instructor's Resource Manual - Chapter 32
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	<hgroup>
	<h3>
	Lecture Slides for Modern Principles of Economics (Online Only; Accessible)</h3>
	<small>
	Tyler Cowen; Alex Tabarrok | 
	Fifth Edition | 
	©2021 | 
	ISBN:9781319340643</small>
	</hgroup>
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	<h3>
	Solutions Manual for Modern Principles of Economics (Online Only)</h3>
	<small>
	Tyler Cowen; Alex Tabarrok | 
	Fifth Edition | 
	©2021 | 
	ISBN:9781319340629</small>
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	Solutions Manual - Chapter 28
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	Solutions Manual - Chapter 30
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	Solutions Manual - Chapter 31
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	Solutions Manual - Chapter 32
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	Solutions Manual - Chapter 33
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	Solutions Manual - Chapter 34
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	Solutions Manual - Chapter 35
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	Solutions Manual - Chapter 36
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	Solutions Manual - Chapter 37
	</p>
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	Solutions Manual - Chapter 38
	</p>
	</div>
	</div>
	</div>
	</div>
	</div>
	</div>
	</div>
	
 
 
 
 
 
 
	<div>
 
 <div>
	<div>
	<p>Price Ceilings: The US Economy Flounders in the 1970s</p>
	<p>In 1971, President Nixon, in an effort to control inflation, declared price increases illegal. Because prices couldn’t increase, they began hitting a ceiling. With a price ceiling, buyers are unable to signal their increased demand by bidding prices up, and suppliers have no incentive to increase quantity supplied because they can’t raise the price.What results when the quantity demanded exceeds the quantity supplied? A shortage! In the 1970s, for example, buyers began to signal their demand for gasolin</p>
	</div>
	</div>
	 <div>
	<div>
	<p>The Solow Model and the Steady State</p>
	<p>Remember our simplified Solow model? One end of it is input, and on the other end, we get output.What do we do with that output?Either we can consume it, or we can save it. This saved output can then be re-invested as physical capital, which grows the total capital stock of the economy.There's a problem with that, though: physical capital rusts.Think about it. Yes, new roads can be nice and smooth, but then they get rough, as more cars travel over them. Before you know it, there are potholes</p>
	</div>
	</div>
	 <div>
	<div>
	<p>Zimbabwe and Hyperinflation: Who Wants to Be a Trillionaire?</p>
	<p>How would you like to pay $417.00 per sheet of toilet paper? Sound crazy? It’s not as crazy as you may think. Here’s a story of how this happened in Zimbabwe.Around 2000, Robert Mugabe, the President of Zimbabwe, was in need of cash to bribe his enemies and reward his allies. He had to be clever in his approach, given that Zimbabwe’s economy was doing lousy and his people were starving. Sow what did he do? He tapped the country’s printing presses and printed more money. Clever, right? Not so</p>
	</div>
	</div>
	 </div>
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 Modern Principles of Economics

 Fifth Edition | ©2021 Tyler Cowen; Alex Tabarrok

 Available for the first time with Macmillan's new online learning platform, Achieve, Modern Principles is a tour-de-force with a unique combination of vivid writing, up-to-date relevant examples, and online resources unlike any other textbook for this market.

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 Teaching, learning, and assessment for students in a multi-modal world.

 Available for the first time with Macmillan's new online learning platform, Achieve, Modern Principles is a tour-de-force with a unique combination of vivid writing, up-to-date relevant examples, and online resources unlike any other textbook for this market.

 Tyler Cowen and Alex Tabarrok have long demonstrated their mastery at communicating economic principles in a clear, captivating way through their blog, The Marginal Revolution. And they are pioneers in online education. Their fully updated new edition has more high-quality material designed for online teaching than any other principles of economics textbook. Videos from Marginal Revolution University (MRU), Discovering Data questions, live links to FRED data, an e-book, and assessment all live under Macmillan's new learning platform, Achieve and combine to provide an online learning product for all types of learners whether in face to face, hybrid or pure online classes.

 Features

 ONLINE
 Achieve
 Engage every student.
 Achieve is a comprehensive set of interconnected teaching and assessment tools. It incorporates the most effective elements from Macmillan’s market leading solutions—including Sapling, LaunchPad, iClicker and others—in a single, easy to use platform. Our resources were co-designed with instructors and students, using a foundation of learning research and rigorous testing.

 Featured in Achieve
 Marginal Revolution University (MRU) videos
 More than 170 of these videos have been deeply integrated into the text and pedagogy of Modern Principles, providing valuable tools for both instructors and students throughout the learning path. These videos are linked in the text and at mru.org. Within Achieve, assignable, automatically graded quizzes accompany each video.

 Discovering Data Exercises
 Based on up-to-the-minute FRED data, these exercises help students develop data literacy and synthesizing skills, encourage economic analysis based on recent trends, and build an understanding of the broader economy.


 IN THE TEXTBOOK
 New, modern examples including a discussion of housing prices and the elasticity of supply, the declining labor force participation rate of young men, the platform economics of free goods like Facebook and Twitter, monetary policy in a pandemic and the politics and economics of trade in the Trump era.

 Material that many other books ignore, such as how managers should choose between piece rates and tournaments and how firms increase their profits using bundling and tying.

 A powerful, more realistic AD-AS model (in macroeconomics) that combines insights from New Keynesian and Real Business Cycle models. In addition, the authors created a super simple Solow model which for the first time makes the Solow model of economic growth accessible to principles of economics students.

 Streamlined and uncluttered presentation— the text doesn’t have boxed features. The text is clean, to-the-point, and engaging, as the authors integrate examples throughout. Their writing style reflects the style of their popular blog, Marginal Revolution.

 New to This Edition

 ONLINE
 Achieve
 Engage every student.
 Achieve is a comprehensive set of interconnected teaching and assessment tools. It incorporates the most effective elements from Macmillan’s market leading solutions—including Sapling, LaunchPad, iClicker and others—in a single, easy to use platform. Our resources were co-designed with instructors and students, using a foundation of learning research and rigorous testing.

 Featured in Achieve
 Marginal Revolution University (MRU) videos
 More than 170 of these videos have been deeply integrated into the text and pedagogy of Modern Principles, providing valuable tools for both instructors and students throughout the learning path. These videos are linked in the text and at mru.org. Within Achieve, assignable, automatically graded quizzes accompany each video.

 Discovering Data Exercises
 Based on up-to-the-minute FRED data, these exercises help students develop data literacy and synthesizing skills, encourage economic analysis based on recent trends, and build an understanding of the broader economy.

 IN THE TEXTBOOK ECON VERSION

 * Integrated coverage of the impact of COVID-19
 * A discussion of housing prices and the elasticity of supply
 * The most relevant and timely chapter on international trade with new research on the effects of tariffs and on free trade
 * Updated coverage on climate change and the carbon tax in the chapter on externalities
 * Expanded coverage of the platform economics of free goods like Facebook and Twitter
 * New section on the declining labor force participation rate of young men
 * Updated monetary and fiscal policy to reflect the pandemic and the politics and economics of trade in the Trump era

 "I switched to Cowen/Tabarrok because I value the critical thinking perspectives they offer to students in their textbook--and I love all of the complementary teaching resources.”-Christopher Fawson, Utah State University

 "Each of these videos is well done and I think they are all very useful. I've had some students in the past even comment on some of them indicating their usefulness in understanding the material."-David Gillete, Truman State University

 "...one of the value-added elements of the Cowen and Tabarrok text is the excellent quality and presentation of the content in the accompanying videos."-Joseph Guider, Caldwell College

 "I already encourage my students to watch these videos. They are really well done!"-Nakul Kumar, Northern Virginia Community College

 "[The] short videos are always a hit with the students."-Sarah Sheikh, Calhoun Community College

 Modern Principles of Economics

 Fifth Edition | ©2021

 Tyler Cowen; Alex Tabarrok

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 Modern Principles of Economics

 Fifth Edition | 2021

 Tyler Cowen; Alex Tabarrok

 Table of Contents


 Preface
 1. The Big Ideas in Economics
 2. The Power of Trade and Comparative Advantage

 Part 1: Supply and Demand
 3. Supply and Demand
 4. Equilibrium: How Supply and Demand Determine Prices
 5. Elasticity and Its Applications
 6. Taxes and Subsidies

 Part 2: The Price System
 7. The Price System: Signals, Speculation, and Prediction
 8. Price Ceilings and Floors
 9. International Trade
 10. Externalities: When the Price Is Not Right

 Part 3: Firms and Factor Markets
 11. Costs and Profit Maximization under Competition
 12. Competition and the Invisible Hand
 13. Monopoly
 14. Price Discrimination and Pricing Strategy
 15. Oligopoly and Game Theory
 16. Networks, Platforms, and the Economics of “Free Goods”
 17. Monopolistic Competition and Advertising
 18. Labor Markets

 Part 4: Government
 19. Public Goods and the Tragedy of the Commons
 20. Political Economy and Public Choice
 21. Economics, Ethics, and Public Policy

 Part 5: Decision Making for Businesses, Investors, and Consumers
 22. Managing Incentives
 23. Stock Markets and Personal Finance
 24. Asymmetric Information: Moral Hazard and Adverse Selection
 25 Consumer Choice

 Part 6: Economic Growth
 26. GDP and the Measurement of Progress
 27. The Wealth of Nations and Economic Growth
 28. Growth, Capital Accumulation, and the Economics of Ideas: Catching Up vs. the Cutting Edge
 29. Saving, Investment, and the Financial System

 Part 7: Business Fluctuations
 30. Unemployment and Labor Force Participation
 31. Inflation and the Quantity Theory of Money
 32. Business Fluctuations: Aggregate Demand and Supply
 33. Transmission and Amplification Mechanisms

 Part 8: Macroeconomic Policy and Institutions
 34. The Federal Reserve System and Open Market Operations
 35. Monetary Policy
 36. The Federal Budget: Taxes and Spending
 37. Fiscal Policy

 Part 9: International Economics
 38. International Finance

 APPENDIX A Reading Graphs and Making Graphs
 APPENDIX B Solutions to Check Yourself
 Glossary G-1
 References R-1
 Index I-1

 Modern Principles of Economics

 Fifth Edition | 2021

 Tyler Cowen; Alex Tabarrok

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 Tyler Cowen is Holbert C. Harris Professor of Economics at George Mason University and Director of the Mercatus Center and the James M. Buchanan Center for Political Economy. He is published widely in economics journals, including the American Economic Review and Journal of Political Economy. With Alex Tabarrok he co-writes the Marginal Revolution blog, often ranked as the #1 economics blog. He is also the author of Discover Your Inner Economist (Dutton, 2007) and numerous other books on economics. He writes regularly for the popular press on economics, including for The New York Times, The Washington Post, Forbes, and The Wilson Quarterly. University web page: http://economics.gmu.edu/faculty/tcowen.html WATCH: Tyler Cowen at the Economic Bloggers Forum.

 Alex Tabarrok

 Alex Tabarrok is Bartley J. Madden Chair in Economics at the Mercatus Center at George Mason University. Tabarrok is co-author with Tyler Cowen of the popular economics blog, Marginal Revolution. His recent research looks at bounty hunters, judicial incentives and elections, crime control, patent reform, methods to increase the supply of human organs for transplant, and the regulation of pharmaceuticals. He is the editor of the books, Entrepreneurial Economics: Bright Ideas from the Dismal Science; The Voluntary City: Choice, Community, and Civil Society; and Changing the Guard: Private Prisons and The Control of Crime. His papers have appeared in the Journal of Law and Economics, Public Choice, Economic Inquiry, Journal of Health Economics, Journal of Theoretical Politics, The American Law and Economics Review, Kyklos and many other journals. His popular articles have appeared in The New York Times, The Wall Street Journal, and many other magazines and newspapers.

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 Price Ceilings: The US Economy Flounders in the 1970s

 In 1971, President Nixon, in an effort to control inflation, declared price increases illegal. Because prices couldn’t increase, they began hitting a ceiling. With a price ceiling, buyers are unable to signal their increased demand by bidding prices up, and suppliers have no incentive to increase quantity supplied because they can’t raise the price.What results when the quantity demanded exceeds the quantity supplied? A shortage! In the 1970s, for example, buyers began to signal their demand for gasolin

 The Solow Model and the Steady State

 Remember our simplified Solow model? One end of it is input, and on the other end, we get output.What do we do with that output?Either we can consume it, or we can save it. This saved output can then be re-invested as physical capital, which grows the total capital stock of the economy.There's a problem with that, though: physical capital rusts.Think about it. Yes, new roads can be nice and smooth, but then they get rough, as more cars travel over them. Before you know it, there are potholes

 Zimbabwe and Hyperinflation: Who Wants to Be a Trillionaire?

 How would you like to pay $417.00 per sheet of toilet paper? Sound crazy? It’s not as crazy as you may think. Here’s a story of how this happened in Zimbabwe.Around 2000, Robert Mugabe, the President of Zimbabwe, was in need of cash to bribe his enemies and reward his allies. He had to be clever in his approach, given that Zimbabwe’s economy was doing lousy and his people were starving. Sow what did he do? He tapped the country’s printing presses and printed more money. Clever, right? Not so






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 	Available for the first time with Macmillan's new online learning platform, Achieve, Modern Principles is a tour-de-force with a unique combination of vivid writing, up-to-date relevant examples, and online resources unlike any other textbook for this market. Tyler Cowen and Alex Tabarrok have long demonstrated their mastery at communicating economic principles in a clear, captivating way through their blog, The Marginal Revolution. And they are pioneers in online education. Their fully updated new edition has more high-quality material designed for online teaching than any other principles of economics textbook. Videos from Marginal Revolution University (MRU), Discovering Data questions, live links to FRED data, an e-book, and assessment all live under Macmillan's new learning platform, Achieve and combine to provide an online learning product for all types of learners whether in face to face, hybrid or pure online classes. 
 
 
 
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 Featured in AchieveMarginal Revolution University (MRU) videos More than 170 of these videos have been deeply integrated into the text and pedagogy of Modern Principles, providing valuable tools for both instructors and students throughout the learning path. These videos are linked in the text and at mru.org. Within Achieve, assignable, automatically graded quizzes accompany each video.
 Discovering Data Exercises Based on up-to-the-minute FRED data, these exercises help students develop data literacy and synthesizing skills, encourage economic analysis based on recent trends, and build an understanding of the broader economy.
 IN THE TEXTBOOK ECON VERSION  
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  Preface 1. The Big Ideas in Economics2. The Power of Trade and Comparative Advantage  Part 1: Supply and Demand 3. Supply and Demand4. Equilibrium: How Supply and Demand Determine Prices5. Elasticity and Its Applications6. Taxes and Subsidies  Part 2: The Price System 7. The Price System: Signals, Speculation, and Prediction8. Price Ceilings and Floors9. International Trade10. Externalities: When the Price Is Not Right  Part 3: Firms and Factor Markets 11. Costs and Profit Maximization under Competition12. Competition and the Invisible Hand13. Monopoly14. Price Discrimination and Pricing Strategy15. Oligopoly and Game Theory16. Networks, Platforms, and the Economics of “Free Goods”17. Monopolistic Competition and Advertising18. Labor Markets  Part 4: Government 19. Public Goods and the Tragedy of the Commons20. Political Economy and Public Choice21. Economics, Ethics, and Public Policy  Part 5: Decision Making for Businesses, Investors, and Consumers 22. Managing Incentives23. Stock Markets and Personal Finance24. Asymmetric Information: Moral Hazard and Adverse Selection25 Consumer Choice  Part 6: Economic Growth 26. GDP and the Measurement of Progress27. The Wealth of Nations and Economic Growth28. Growth, Capital Accumulation, and the Economics of Ideas: Catching Up vs. the Cutting Edge29. Saving, Investment, and the Financial System  Part 7: Business Fluctuations 30. Unemployment and Labor Force Participation31. Inflation and the Quantity Theory of Money32. Business Fluctuations: Aggregate Demand and Supply33. Transmission and Amplification Mechanisms  Part 8: Macroeconomic Policy and Institutions 34. The Federal Reserve System and Open Market Operations35. Monetary Policy36. The Federal Budget: Taxes and Spending37. Fiscal Policy  Part 9: International Economics 38. International Finance  APPENDIX A Reading Graphs and Making GraphsAPPENDIX B Solutions to Check YourselfGlossary G-1References R-1Index I-1 
 
 
 
 
 
 
 
 
 Tyler Cowen
   Tyler Cowen is Holbert C. Harris Professor of Economics at George Mason University and Director of the Mercatus Center and the James M. Buchanan Center for Political Economy. He is published widely in economics journals, including the American Economic Review and Journal of Political Economy. With Alex Tabarrok he co-writes the Marginal Revolution blog, often ranked as the #1 economics blog. He is also the author of Discover Your Inner Economist (Dutton, 2007) and numerous other books on economics. He writes regularly for the popular press on economics, including for The New York Times, The Washington Post, Forbes, and The Wilson Quarterly.  University web page: http://economics.gmu.edu/faculty/tcowen.html WATCH: Tyler Cowen at the Economic Bloggers Forum. 
 
 
 
	
 
 
 
 Alex Tabarrok
   Alex Tabarrok is Bartley J. Madden Chair in Economics at the Mercatus Center at George Mason University. Tabarrok is co-author with Tyler Cowen of the popular economics blog, Marginal Revolution. His recent research looks at bounty hunters, judicial incentives and elections, crime control, patent reform, methods to increase the supply of human organs for transplant, and the regulation of pharmaceuticals. He is the editor of the books, Entrepreneurial Economics: Bright Ideas from the Dismal Science; The Voluntary City: Choice, Community, and Civil Society; and Changing the Guard: Private Prisons and The Control of Crime. His papers have appeared in the Journal of Law and Economics, Public Choice, Economic Inquiry, Journal of Health Economics, Journal of Theoretical Politics, The American Law and Economics Review, Kyklos and many other journals. His popular articles have appeared in The New York Times, The Wall Street Journal, and many other magazines and newspapers. 
 
 
 
 
 
	
 
 
 
 
 
 
 
 
 
 
 
 
 
 
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	Lecture Slides - Chapter 17
	
	
	
	
	
	
	Lecture Slides - Chapter 18
	
	
	
	
	Lecture Slides - Chapter 19
	
	
	
	
	
	
	Lecture Slides - Chapter 20
	
	
	
	
	Lecture Slides - Chapter 21
	
	
	
	
	
	
	Lecture Slides - Chapter 22
	
	
	
	
	Lecture Slides - Chapter 23
	
	
	
	
	
	
	Lecture Slides - Chapter 24
	
	
	
	
	Lecture Slides - Chapter 25
	
	
	
	
	
	
	Lecture Slides - Chapter 26
	
	
	
	
	Lecture Slides - Chapter 27
	
	
	
	
	
	
	Lecture Slides - Chapter 28
	
	
	
	
	Lecture Slides - Chapter 29
	
	
	
	
	
	
	Lecture Slides - Chapter 30
	
	
	
	
	Lecture Slides - Chapter 31
	
	
	
	
	
	
	Lecture Slides - Chapter 32
	
	
	
	
	Lecture Slides - Chapter 33
	
	
	
	
	
	
	Lecture Slides - Chapter 34
	
	
	
	
	Lecture Slides - Chapter 35
	
	
	
	
	
	
	Lecture Slides - Chapter 36
	
	
	
	
	Lecture Slides - Chapter 37
	
	
	
	
	
	Lecture Slides - Chapter 38
	
	
	
	
	
	
	
	
	
	
	
	
	Solutions Manual for Modern Principles of Economics (Online Only)
	
	Tyler Cowen; Alex Tabarrok | 
	Fifth Edition | 
	©2021 | 
	ISBN:9781319340629
	
	
	 
	
	
	
	
	
	Solutions Manual - All Chapters
	
	
	
	
	Solutions Manual - Chapter 1
	
	
	
	
	
	
	Solutions Manual - Chapter 2
	
	
	
	
	Solutions Manual - Chapter 3
	
	
	
	
	
	
	Solutions Manual - Chapter 4
	
	
	
	
	Solutions Manual - Chapter 5
	
	
	
	
	
	
	Solutions Manual - Chapter 6
	
	
	
	
	Solutions Manual - Chapter 7
	
	
	
	
	
	
	Solutions Manual - Chapter 8
	
	
	
	
	Solutions Manual - Chapter 9
	
	
	
	
	
	
	Solutions Manual - Chapter 10
	
	
	
	
	Solutions Manual - Chapter 11
	
	
	
	
	
	
	Solutions Manual - Chapter 12
	
	
	
	
	Solutions Manual - Chapter 13
	
	
	
	
	
	
	Solutions Manual - Chapter 14
	
	
	
	
	Solutions Manual - Chapter 15
	
	
	
	
	
	
	Solutions Manual - Chapter 16
	
	
	
	
	Solutions Manual - Chapter 17
	
	
	
	
	
	
	Solutions Manual - Chapter 18
	
	
	
	
	Solutions Manual - Chapter 19
	
	
	
	
	
	
	Solutions Manual - Chapter 20
	
	
	
	
	Solutions Manual - Chapter 21
	
	
	
	
	
	
	Solutions Manual - Chapter 22
	
	
	
	
	Solutions Manual - Chapter 23
	
	
	
	
	
	
	Solutions Manual - Chapter 24
	
	
	
	
	Solutions Manual - Chapter 25
	
	
	
	
	
	
	Solutions Manual - Chapter 26
	
	
	
	
	Solutions Manual - Chapter 27
	
	
	
	
	
	
	Solutions Manual - Chapter 28
	
	
	
	
	Solutions Manual - Chapter 29
	
	
	
	
	
	
	Solutions Manual - Chapter 30
	
	
	
	
	Solutions Manual - Chapter 31
	
	
	
	
	
	
	Solutions Manual - Chapter 32
	
	
	
	
	Solutions Manual - Chapter 33
	
	
	
	
	
	
	Solutions Manual - Chapter 34
	
	
	
	
	Solutions Manual - Chapter 35
	
	
	
	
	
	
	Solutions Manual - Chapter 36
	
	
	
	
	Solutions Manual - Chapter 37
	
	
	
	
	
	Solutions Manual - Chapter 38
	
	
	
	
	
	
	
	
	
 
 
 
 
 
 
	
 
 
	
	Price Ceilings: The US Economy Flounders in the 1970s
	In 1971, President Nixon, in an effort to control inflation, declared price increases illegal. Because prices couldn’t increase, they began hitting a ceiling. With a price ceiling, buyers are unable to signal their increased demand by bidding prices up, and suppliers have no incentive to increase quantity supplied because they can’t raise the price.What results when the quantity demanded exceeds the quantity supplied? A shortage! In the 1970s, for example, buyers began to signal their demand for gasolin
	
	
	 
	
	The Solow Model and the Steady State
	Remember our simplified Solow model? One end of it is input, and on the other end, we get output.What do we do with that output?Either we can consume it, or we can save it. This saved output can then be re-invested as physical capital, which grows the total capital stock of the economy.There's a problem with that, though: physical capital rusts.Think about it. Yes, new roads can be nice and smooth, but then they get rough, as more cars travel over them. Before you know it, there are potholes
	
	
	 
	
	Zimbabwe and Hyperinflation: Who Wants to Be a Trillionaire?
	How would you like to pay $417.00 per sheet of toilet paper? Sound crazy? It’s not as crazy as you may think. Here’s a story of how this happened in Zimbabwe.Around 2000, Robert Mugabe, the President of Zimbabwe, was in need of cash to bribe his enemies and reward his allies. He had to be clever in his approach, given that Zimbabwe’s economy was doing lousy and his people were starving. Sow what did he do? He tapped the country’s printing presses and printed more money. Clever, right? Not so
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 Modern Principles of Economics Third Edition

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 From the authors: See the Invisible Hand. Understand Your World . That's the tagline of Modern Principles and our teaching philosophy. Nobel laureate Vernon Smith put it this way:
 At the heart of economics is a scientific mystery a scientific mystery as deep, fundamental and inspiring as that of the expanding universe or the forces that bind matter How is order produced from freedom of choice? We want students to be inspired by this mystery and by how economists have begun to solve it. Thus, we show how markets interconnect and respond in surprising ways to changes in resources and preferences. Consider, for example, how markets respond to a reduction in the supply of oil. Of course, the price of oil increases giving consumers an incentive to use less and suppliers an incentive to discover more. But an increase in the price of oil also encourages Brazilian sugar cane farmers to devote more of their production to ethanol and less to sugar thereby driving up the price of sugar. An increase in the price of sugar means a reduction in the quantity of candy demanded. So one way the market responds to a reduction in the supply of oil is by encouraging consumers to eat less candy! In analyses like this, we teach students to see the invisible hand and in so doing to understand their world. Similarly, we offer a unique and simple proof of the amazing invisible hand theorem that without any central direction competitive markets allocate production across firms in a way that minimizes aggregate costs! To understand their world students must understand when self-interest promotes the social interest and when it does not. Thus, Modern Principles has in-depth analyses of externalities, public goods, and ethical issues with market incomes and trade. Moreover, we always discuss economic theory in the context of real world problems such as the decline of the ocean fisheries, climate change, and the shortage of human organs for transplant.
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Modern Principles of Economics Third Edition
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Amazon.com: Principles of Economics: 9781305585126: Mankiw, N. Gregory: Books
2017-01-01
N Gregory Mankiw
<div><p>Brief content visible, double tap to read full content.</p><p>Full content visible, double tap to read brief content.</p><div><p>N. Gregory Mankiw is the Robert M. Beren Professor of Economics at Harvard University. As a student, he studied economics at Princeton University and MIT. As a teacher, he has taught macroeconomics, microeconomics, statistics, and principles of economics. He even spent one summer long ago as a sailing instructor on Long Beach Island.</p><p>Professor Mankiw is a prolific writer and a regular participant in academic and policy debates. His research includes work on price adjustment, consumer behavior, financial markets, monetary and fiscal policy, and economic growth. His published articles have appeared in academic journals, such as the "American Economic Review", "Journal of Political Economy", and "Quarterly Journal of Economics", and in more widely accessible forums, such as "The New York Times", "The Washington Post", and "The Wall Street Journal."</p><p>He has written two popular textbooks--the intermediate-level textbook Macroeconomics (Worth Publishers) and the introductory textbook Principles of Economics (Cengage Learning). Principles of Economics has sold over two million copies and has been translated into twenty languages.</p><p>In addition to his teaching, research, and writing, Professor Mankiw has been a research associate of the National Bureau of Economic Research, an adviser to the Federal Reserve Bank of Boston and the Congressional Budget Office, and a member of the ETS test development committee for the advanced placement exam in economics. From 2003 to 2005 he served as Chairman of the President's Council of Economic Advisers.</p><p>To view his blog: http://gregmankiw.blogspot.com/</p></div></div>||||I|||| Skip to main content
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 Now you can master the principles of economics with the help of the most popular, widely-used economics textbook by students worldwide -- Mankiw�s PRINCIPLES OF ECONOMICS, 8E. With its clear and engaging writing style, this book emphasizes only the material that will help you better understand the world in which you live, will make you a more astute participant in the economy, and will give you a better understanding of both the potential and limits of economic policy. The latest relevant economic examples bring principles to life. Acclaimed text author N. Gregory Mankiw explains, "I have tried to put myself in the position of someone seeing economics for the first time. My goal is to emphasize the material that students should and do find interesting about the study of the economy." Powerful student-focused digital resources are available in leading MindTap and Aplia digital learning and homework solutions that reinforce the principles presented in this edition.
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 About the Author

 N. Gregory Mankiw is the Robert M. Beren Professor of Economics at Harvard University. For 14 years he taught EC10 Principles, the most popular course at Harvard. Dr. Mankiw studied economics at Princeton University and MIT. He is a prolific writer and a regular participant in academic and policy debates. His research includes work on price adjustment, consumer behavior, financial markets, monetary and fiscal policy and economic growth. Dr. Mankiw's articles have appeared in academic journals such as the American Economic Review, Journal of Political Economy and Quarterly Journal of Economics. His work has also appeared in more widely accessible forums, including The New York Times, The Washington Post, The Wall Street Journal and Fortune. Dr. Mankiw has been a research associate of the National Bureau of Economic Research, an adviser to the Federal Reserve Bank of Boston and the Congressional Budget Office and a member of the ETS test development committee for the advanced placement exam in economics. From 2003 to 2005, Dr. Mankiw served as chairman of the President�s Council of Economic Advisers.

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 * Publisher ‏ : ‎ Cengage Learning; 8th edition (January 1, 2017)
 * Language ‏ : ‎ English
 * Hardcover ‏ : ‎ 888 pages
 * ISBN-10 ‏ : ‎ 1305585127
 * ISBN-13 ‏ : ‎ 978-1305585126
 * Item Weight ‏ : ‎ 3.55 pounds
 * Dimensions ‏ : ‎ 10.1 x 8.8 x 1.3 inches
 * Best Sellers Rank: #151,487 in Books ( See Top 100 in Books )
 + #56 in Economics (Books)
 + #305 in Core
 + #485 in Education (Books)
 * Customer Reviews:
 4.4 4.4 out of 5 stars 442 ratings
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 N. Gregory Mankiw

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 N. Gregory Mankiw is the Robert M. Beren Professor of Economics at Harvard University. As a student, he studied economics at Princeton University and MIT. As a teacher, he has taught macroeconomics, microeconomics, statistics, and principles of economics. He even spent one summer long ago as a sailing instructor on Long Beach Island.

 Professor Mankiw is a prolific writer and a regular participant in academic and policy debates. His research includes work on price adjustment, consumer behavior, financial markets, monetary and fiscal policy, and economic growth. His published articles have appeared in academic journals, such as the "American Economic Review", "Journal of Political Economy", and "Quarterly Journal of Economics", and in more widely accessible forums, such as "The New York Times", "The Washington Post", and "The Wall Street Journal."

 He has written two popular textbooks--the intermediate-level textbook Macroeconomics (Worth Publishers) and the introductory textbook Principles of Economics (Cengage Learning). Principles of Economics has sold over two million copies and has been translated into twenty languages.

 In addition to his teaching, research, and writing, Professor Mankiw has been a research associate of the National Bureau of Economic Research, an adviser to the Federal Reserve Bank of Boston and the Congressional Budget Office, and a member of the ETS test development committee for the advanced placement exam in economics. From 2003 to 2005 he served as Chairman of the President's Council of Economic Advisers.

 To view his blog: http://gregmankiw.blogspot.com/

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  Julius
  5.0 out of 5 stars Excellent Textbook!!!
  Reviewed in the United States on August 10, 2020
  Verified Purchase
  I bought this book to better understand "the economy." I'll be honest, I was completely ignorant. I was a biology major in college and never took a single class in humanities or business. At 35 years old, I'm realizing how big of a mistake that was. Nonetheless, this is an AMAZING textbook! After reading each chapter and doing every single practice problem and quiz, I now know economics better than, I would say, 99% of the population--that's speculation, of course, and maybe even a bit exaggerated but, hopefully, you get what I'm saying. Enlightened doesn't begin to describe the way I feel. I honestly feel like I know how the world works; it's even allowed me to better understand how the media--as well as those in politics--have no idea what they are doing; and how "good intentions" can sometimes have disastrous outcomes. The biggest thing this book helped me realize, though, is that so many of us go around thinking we know way more than we actually do. (I was most certainly one of those people.)

  Incentives are very real; the law of supply and demand is very real; and the only way for any of us to truly understand how the world works and how we can "fix" it, first and foremost, we must educate ourselves. This book is an excellent starting point!!!

  Last words: I think EVERYONE should read both a philosophy textbook (to better understand from where our values and principles come) and an economics textbook (to better understand how the world works--as opposed to how we *think* it works).
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  Bobby
  5.0 out of 5 stars good book
  Reviewed in the United States on January 17, 2023
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  Really good book, came in good shape, basically new and good content
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  Shatoni Marie
  4.0 out of 5 stars An Essential Guide to Understanding Economics: A Review of "Principles of Economics" by Mankiw
  Reviewed in the United States on June 1, 2023
  Verified Purchase
  Principles of Economics" by N. Gregory Mankiw is a comprehensive and highly regarded textbook that serves as an invaluable resource for students and anyone seeking a solid understanding of economics. Mankiw's expertise in the subject matter shines through in this well-written and accessible book, making it a must-have for those eager to delve into the world of economics.

  One of the notable strengths of "Principles of Economics" is its ability to distill complex economic concepts into easily digestible explanations. Mankiw presents the material in a clear and logical manner, ensuring that readers with varying levels of prior knowledge can grasp the fundamentals. The book is organized into well-defined chapters that cover a wide range of topics, from supply and demand to macroeconomic principles and international trade.

  Another noteworthy aspect of this book is its emphasis on real-world applications and examples. Mankiw skillfully incorporates relevant case studies, current events, and economic data to illustrate the concepts being discussed. This practical approach helps readers connect the theories with their everyday lives, enhancing their comprehension and making the subject matter more relatable.

  Furthermore, the book's visual aids, including graphs, charts, and diagrams, greatly enhance the learning experience. These visual representations make complex economic relationships and theories more accessible, enabling readers to visualize and understand the data being presented. The inclusion of these visuals also promotes active engagement and facilitates the retention of key concepts.
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  Jon
  5.0 out of 5 stars A good place to start
  Reviewed in the United States on September 22, 2019
  Verified Purchase
  Economics is, unfortunately, one of the most politicized academic disciplines. Unlike the natural sciences and most of the other social sciences, there is often little concensus even among experts as to what can be considered sound theory. This is particularly the case in the field of macroeconomics.

  That said, Mankiw does his best to present a fair and balanced approach to both micro- and macroeconomics. He leans to the right politically, having served under George W. Bush and worked for Mitt Romney, but you will seldom find such a well written textbook. This is an excellent place to begin your study of economics.
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  nana yang
  5.0 out of 5 stars Good deal 👍
  Reviewed in the United States on August 20, 2022
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  The book has a good condition as it is described. It's like almost new. Shipping was quick. It was arrived eariler than expected.
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  Sarah987123
  5.0 out of 5 stars Good book to introduce yourself to economics
  Reviewed in the United States on September 12, 2018
  Verified Purchase
  Let’s be real, this wasn’t a book for leisure. Although I didn’t enjoy reading it, I learned a lot about economics. It was a very comprehensive book, and it made topics not too overwhelming.
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  Leo
  3.0 out of 5 stars Fine
  Reviewed in the United States on May 27, 2020
  Verified Purchase
  Had all the pages, although some of the first few were basically ripped out when I got them, so they were constantly falling out. No writing in the book though. It did it’s job. Did not try the mindtap code because I didn’t need it.
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  Tiff
  5.0 out of 5 stars Just what I needed!!
  Reviewed in the United States on December 10, 2021
  Verified Purchase
  The books were just as described. I am very satisfied.
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  Katerina
  5.0 out of 5 stars Very satisfied!
  Reviewed in the United Kingdom on October 9, 2019
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  Book in perfect condition, fast shipping. Very satisfied!
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  Amazon Customer
  5.0 out of 5 stars Le livre est bien expliqué et soutenu par des très bons exemples.
  Reviewed in France on July 25, 2019
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  Formidable. Facile à comprendre.
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  Yudha Perdana
  5.0 out of 5 stars Wide coverage
  Reviewed in Japan on May 30, 2021
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  This introduction book covers widely issues, which might not be useful for economics courses only. The cases example is more useful for observation in daily life rather than in classroom.
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  Ming Ge
  1.0 out of 5 stars Pirate copy of book!! Smell like curry
  Reviewed in the United Kingdom on October 7, 2020
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  Pirate copy of book!! Smell like curry
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Brief content visible, double tap to read full content. Full content visible, double tap to read brief content.  N. Gregory Mankiw is the Robert M. Beren Professor of Economics at Harvard University. As a student, he studied economics at Princeton University and MIT. As a teacher, he has taught macroeconomics, microeconomics, statistics, and principles of economics. He even spent one summer long ago as a sailing instructor on Long Beach Island. Professor Mankiw is a prolific writer and a regular participant in academic and policy debates. His research includes work on price adjustment, consumer behavior, financial markets, monetary and fiscal policy, and economic growth. His published articles have appeared in academic journals, such as the "American Economic Review", "Journal of Political Economy", and "Quarterly Journal of Economics", and in more widely accessible forums, such as "The New York Times", "The Washington Post", and "The Wall Street Journal." He has written two popular textbooks--the intermediate-level textbook Macroeconomics (Worth Publishers) and the introductory textbook Principles of Economics (Cengage Learning). Principles of Economics has sold over two million copies and has been translated into twenty languages. In addition to his teaching, research, and writing, Professor Mankiw has been a research associate of the National Bureau of Economic Research, an adviser to the Federal Reserve Bank of Boston and the Congressional Budget Office, and a member of the ETS test development committee for the advanced placement exam in economics. From 2003 to 2005 he served as Chairman of the President's Council of Economic Advisers. To view his blog: http://gregmankiw.blogspot.com/
Amazon.com: Principles of Economics: 9781305585126: Mankiw, N. Gregory: Books
https://www.amazon.com/Principles-Economics-N-Gregory-Mankiw/dp/1305585127/ref=asc_df_1305585127/?tag=hyprod-20&linkCode=df0&hvadid=312065696873&hvpos=&hvnetw=g&hvrand=10195330932593933345&hvpone=&hvptwo=&hvqmt=&hvdev=c&hvdvcmdl=&hvlocint=&hvlocphy=9067609&hvtargid=pla-416851157970&psc=1&tag=&ref=&adgrpid=61316180399&hvpone=&hvptwo=&hvadid=312065696873&hvpos=&hvnetw=g&hvrand=10195330932593933345&hvqmt=&hvdev=c&hvdvcmdl=&hvlocint=&hvlocphy=9067609&hvtargid=pla-416851157970
https://www.amazon.com/Economics-Textbook/s?k=Economics+Textbook
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Amazon.com : Economics Textbook
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 Economics Books
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 “America is the greatest engine of innovation that has ever existed, and it can&#39;t be duplicated anytime soon, because it is the product of a multitude of factors: extreme freedom of thought, an emphasis on independent thinking, a steady immigration of new minds, a risk-taking culture with no stigma attached to trying and failing, a noncorrupt bureaucracy, and financial markets and a venture capital system that are unrivaled at taking new ideas and turning them into global products.”
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 Thomas L. Friedman
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 <a href="https://www.goodreads.com/author/show/29101.David_Graeber">
 
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 “Freuchen tells how one day, after coming home hungry from an unsuccessful walrus-hunting expedition, he found one of the successful hunters dropping off several hundred pounds of meat. He thanked him profusely. The man objected indignantly:<br/><blockquote>&#34;Up in our country we are human!&#34; said the hunter. &#34;And since we are human we help each other. We don&#39;t like to hear anybody say thanks for that. What I get today you may get tomorrow. Up here we say that by gifts one makes slaves and by whips one makes dogs.</blockquote><br/>... The refusal to calculate credits and debits can be found throughout the anthropological literature on egalitarian hunting societies. Rather than seeing himself as human <i>because</i> he could make economic calculations, the hunter insisted that being truly human meant <i>refusing</i> to make such calculations, refusing to measure or remember who had given what to whom, for the precise reason that doing so would inevitably create a world where we began &#34;comparing power with power, measuring, calculating&#34; and reducing each other to slaves or dogs through debt. It&#39;s not that he, like untold millions of similar egalitarian spirits throughout history, was unaware that humans have a propensity to calculate. If he wasn&#39;t aware of it, he could not have said what he did. Of course we have a propensity to calculate. We have all sorts of propensities. In any real-life situation, we have propensities that drive us in several different contradictory directions simultaneously. No one is more real than any other. The real question is which we take as the foundation of our humanity, and therefore, make the basis of our civilization.”
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 ―
 <span>
 David Graeber,
 </span>
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 <a href="https://www.goodreads.com/work/quotes/6811142">Debt: The First 5,000 Years</a>
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 The following shelves are listed as duplicates of this shelf:<br/>
 <a href="https://www.goodreads.com/shelf/show/economic">economic</a>, <a href="https://www.goodreads.com/shelf/show/economics-and-finance">economics-and-finance</a>, <a href="https://www.goodreads.com/shelf/show/economics-finance">economics-finance</a>, <a href="https://www.goodreads.com/shelf/show/finance-and-economics">finance-and-economics</a>, <a href="https://www.goodreads.com/shelf/show/finance-econ">finance-econ</a>, <a href="https://www.goodreads.com/shelf/show/finance-economics">finance-economics</a>, and <a href="https://www.goodreads.com/shelf/show/finance-economy">finance-economy</a>
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 Economics Books
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 	
 
 
 
 “America is the greatest engine of innovation that has ever existed, and it can&#39;t be duplicated anytime soon, because it is the product of a multitude of factors: extreme freedom of thought, an emphasis on independent thinking, a steady immigration of new minds, a risk-taking culture with no stigma attached to trying and failing, a noncorrupt bureaucracy, and financial markets and a venture capital system that are unrivaled at taking new ideas and turning them into global products.”
 
 ―
 
 Thomas L. Friedman
 
 
 
	
 
 
 
 “Freuchen tells how one day, after coming home hungry from an unsuccessful walrus-hunting expedition, he found one of the successful hunters dropping off several hundred pounds of meat. He thanked him profusely. The man objected indignantly: &#34;Up in our country we are human!&#34; said the hunter. &#34;And since we are human we help each other. We don&#39;t like to hear anybody say thanks for that. What I get today you may get tomorrow. Up here we say that by gifts one makes slaves and by whips one makes dogs. ... The refusal to calculate credits and debits can be found throughout the anthropological literature on egalitarian hunting societies. Rather than seeing himself as human because he could make economic calculations, the hunter insisted that being truly human meant refusing to make such calculations, refusing to measure or remember who had given what to whom, for the precise reason that doing so would inevitably create a world where we began &#34;comparing power with power, measuring, calculating&#34; and reducing each other to slaves or dogs through debt. It&#39;s not that he, like untold millions of similar egalitarian spirits throughout history, was unaware that humans have a propensity to calculate. If he wasn&#39;t aware of it, he could not have said what he did. Of course we have a propensity to calculate. We have all sorts of propensities. In any real-life situation, we have propensities that drive us in several different contradictory directions simultaneously. No one is more real than any other. The real question is which we take as the foundation of our humanity, and therefore, make the basis of our civilization.”
 
 ―
 
 David Graeber,
 
 
 Debt: The First 5,000 Years
 
 
 
 More quotes...
 
 
 
 The following shelves are listed as duplicates of this shelf:
 economic, economics-and-finance, economics-finance, finance-and-economics, finance-econ, finance-economics, and finance-economy
 
 
 
 
 
 
 
 
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Economics Books
https://www.goodreads.com/shelf/show/economics
https://www.goodreads.com/book/show/1202.Freakonomics
Freakonomics: A Rogue Economist Explores the Hidden Sid…
2005-04-12
Author
<div><div><div><article><section><section><a href="https://www.goodreads.com/review/show/16217125">February 24, 2008</a></section><div><p>This was an interesting book. I say it was interesting because I started liking it (a lot) when I first read it, as time passed I liked it less and less. In that way I call it a candy book, tastes good at first but leaves you worse off for reading it. <p>In my opinion, there are two problems with the book: First, Stephen Dubner comes across as a sycophant. Way to much of the book is spent praising Levitt. Secondly, I was disappointed in the lack of detail provided about Livitt's hypothesis. I wanted more. It was like reading War and Peace and discovering that you read the abridged version and in fact the book wasn't 100 pages long. This disappointment may have come from my engineering background and my strong desire to really understand economics. This book didn't offer any of that, only a titillating glimpse of the economics. </p><p>In some regards one may think my single start rating is to harsh. As mind candy this book was quite good. I <b>did</b> enjoy reading it at the time. Whats more, it did encourage me to study real economics. I am currently enrolled in a masters program in economics and this book did play a <b>very</b> small roll in that decision process. However, as I learn more about economics I realize how shallow the book in fact was. </p><p>While this is not the forum for a comprehensive review of the topics presented in the book, or an analysis of how good the economics in Freekanomics are, a review in "Journal of Economic Literature (Vol XLV, Dec. 2007 pp 973)" quotes Livitt as saying: "There is no question I have written some ridiculous papers." The article then goes on to quote a paper by Noam Scheibler(2007) describing Livitt's comparing some of his papers to the fashion industry. "Sometimes you write papers and they're less about the actual result, more about your vision of how you think the profession should be. And so I think some of my most ridiculous papers actually fall in the high-fashion category."</p></p></div><section><ul><a href="https://www.goodreads.com/review/list/934648?shelf=candy">candy</a> <a href="https://www.goodreads.com/review/list/934648?shelf=economics">economics</a></ul></section><hr /></section></article></div><div><article><div><section><a href="https://www.goodreads.com/user/show/1713956-manny"></a></section><section><p>Author <i></i>28 books13.4k followers</p></section></div><section><section><a href="https://www.goodreads.com/review/show/40533307">June 26, 2022</a></section><div><p>I loved this book, though I think the title is a bit misleading. It's not really about economics. In fact, he's showing you what interesting things you can discover when you apply statistical analysis to problems where you wouldn't normally think of using it. I use statistical methods a fair amount in my own work, so I found it particularly interesting. The most startling and thought-provoking example is definitely the unexpected reduction in US urban crime that occurred towards the end of the 20th century. Crime rates had been rising for decades, and people were really worried about what would happen if the trend continued. Then, suddenly, they peaked and started to decline. Why? There were a bunch of theories, all of them superficially plausible.<p>Levitt crunched the numbers, to see what proportion of the variance could be ascribed to the different factors. This is a completely standard technique; it just hadn't been used here before. He came to the conclusion that the single most important factor, by far, was the ready availability of abortion that started to come in after <i>Roe v Wade</i>. Other things, like more resources for policing and tougher sentencing policies, probably helped, but not nearly as much. I didn't at all get the impression that he had been expecting this result from the start, and just wanted to prove his point. He processed the data, and went where the numbers led him. That's how you're supposed to do science.</p><p>The clincher, at least as far as I was concerned, was the fact that crime statistics peaked at different points in different states, the peaks correlating very well with the dates when each state started making abortion available. States that brought it in early had correspondingly early peaks in their crime rates. It's hard to see how that could happen if Levitt's explanation weren't correct.</p><p>I am surprised that there hasn't been more discussion of Levitt's findings in the political world. Maybe it's just regarded as too hot to handle. But if Levitt is right, and at the moment I would say it's up to his critics to explain why he isn't, then pro-life campaigners would seem be heading in a very unfortunate direction.<br />_________________________<br /><i>[Update, Jun 26 2022]</i></p><p>In view of the Supreme Court's recent ruling, I wonder which Republican-led states have started planning for the increased levels of crime that are to be expected fifteen to twenty years from now, and which ones have decided it won't be necessary. In the second case, it would be interesting to know why not. A couple of suggestions to get the ball rolling:</p><p>a) this is liberal science and can be discounted as political messaging,</p><p>b) the Rapture will occur first.</p></p></div><section><ul><a href="https://www.goodreads.com/review/list/1713956?shelf=japanese">japanese</a> <a href="https://www.goodreads.com/review/list/1713956?shelf=science">science</a> <a href="https://www.goodreads.com/review/list/1713956?shelf=well-i-think-its-funny">well-i-think-its-funny</a></ul></section><hr /></section></article></div><div><article><div><section><a href="https://www.goodreads.com/user/show/154731-rachel"></a></section><section><p>54 reviews40 followers</p></section></div><section><section><a href="https://www.goodreads.com/review/show/2876314">July 9, 2007</a></section><div><p>Sure, this book was a compelling read that offered us all some great amo for cocktail party conversation. But ultimately I think most of what Leavitt claims is crap. <p>He dodges accoutability with the disclaimer about his book NOT being a scholarly work, but then goes on to drop statistics, theories and expert opinions. These assertions laid, he doesn't provide readers with enough information to critically examine his perspectives.</p><p>Ultimately I have a problem with the unquestioned, unaccoutable role of the public intellectual. Leavitt dances around with his PhD on his sleeve, but is never subject to peer review or any sort of academic criticism. I think it's irresponsible. </p></p></div><section><ul><a href="https://www.goodreads.com/review/list/154731?shelf=non-fiction">non-fiction</a></ul></section><hr /></section></article></div><div><article><div><section><a href="https://www.goodreads.com/user/show/4622890-emily-may"></a></section><section><p>1,921 reviews290k followers</p></section></div><section><section><a href="https://www.goodreads.com/review/show/1584897943">March 20, 2016</a></section><div><p>I won't deny that this is a very interesting, compelling and thought-provoking book. Even for someone like me whose general response to economics is *snore*. And it's mainly because <i>Freakonomics</i> is not really about economics, but involves applying statistical analysis to many social issues and questions. <p>Very easy to read. Lots of shocking discoveries that seem weighted in fact - <i>Roe v. Wade</i> is responsible for a huge drop in crime? No wonder some people are pissed off with this book. It's really quite fascinating to look at the power of incentives - economic, social and moral - and examine cause and effect. </p><p>One of my favourite personal experiences with silly notions of cause and effect is diet soft drinks. I confess to being a bit of a coke zero addict. It's not great for you (the sodium makes you more thirsty, a lot of potassium can lead to palpitations, and a lot of phosphoric acid has been linked to kidney problems) but I've lost count of how many times people have cited statistics showing that diet soda drinkers are more likely to be overweight and diabetic. Of course they are! If you're overweight and diabetic you're more likely to drink the low-calorie, sugar-free alternatives, aren't you? So strange how people assume it is A that causes B and ignore the possibility of it being the opposite.</p><p>Anyway, my issue with this entertaining book is that I think it may be - to be frank - bullshit. Not all of it, sure. But definitely some of it. The writers state their points very confidently (some might say with a touch too much smarm) but it requires you to take a lot of what they say on faith. And some of the jumps they make between statistics and conclusion don't quite add up for me. I know many others have felt the same.</p><p>But here was the thing that really got me, the thing that made me smell bullshit: I'm fairly confident something they said is not rooted in any truth. And let's be clear: I am a total noob when it comes to most statistics and economics, so if even I can spot something a bit <i>off</i>, it really makes me question the rest of it. Here it is:</p><blockquote>
 <i>Women's rights advocates, for instance, have hyped the incidence of sexual assault, claiming that one in three American women will in her lifetime be a victim of rape or attempted rape. (The actual figure is more like one in eight - but the advocates know it would take a callous person to publicly dispute their claims.)</i>
</blockquote><br />This, if true, implies two things. 1) Those advocating women's rights are using false data, therefore undermining their credibility, and 2) They have invented a statistic to intentionally support their cause, knowing no one will dispute it (absolutely bizarre that the author thinks no one is disputing women's rights claims, but okay...)<p>Well, being a feminist and someone who has spent an awful lot of time reading and writing about women's rights organizations and statistics, my eyes narrowed a little. See, in all my research, I've never seen or heard any claim that "1 in 3 women will be a victim of rape or attempted rape". I have heard the "1 in 3" statistic, but a somewhat different one.</p><p>So, obviously, I went to look it up. I spent a couple of hours going through Google and every women's rights organization page I could find, trying to uncover a single case where that statistic was used. I found exactly: <b>none</b>. The only other thing I found that mentioned it was a Time article attempting to debunk so-called "feminist myths": <a href="http://time.com/3222543/5-feminist-myths-that-will-not-die/">http://time.com/3222543/5-feminist-my...</a></p><p>The statistic the authors appear to have misquoted is that "1 in 3 women will experience sexual violence, or physical violence by an intimate partner", which is used often. Sexual violence here is an ambiguous term, leaving room for wider interpretations and probably explaining why, with the addition of domestic violence into the statistic, the number is at "1 in 3" instead of "1 in 8". </p><p>Furthermore, not only have the authors misrepresented the statistical claim itself, but they have also suggested that women's rights advocates have pulled the numbers from thin air to make a point - on the contrary, this is a study conducted by the World Health Organization on the "Global and regional estimates of violence against women".</p><p>I like the idea of the book, but this really put me off. Perhaps it was a one-off error that I managed to spot. Perhaps. Either way, I started to be less impressed by the facts and statistics they presented. Still, very enjoyable book for the most part.</p></p></div><section><ul><a href="https://www.goodreads.com/review/list/4622890?shelf=2016">2016</a> <a href="https://www.goodreads.com/review/list/4622890?shelf=nonfiction">nonfiction</a></ul></section><hr /></section></article></div><div><article><div><section><a href="https://www.goodreads.com/user/show/15385951-mohammed-makram"></a></section><section><p>1,388 reviews2,743 followers</p></section></div><section><section><a href="https://www.goodreads.com/review/show/1758079632">October 25, 2022</a></section><div><p><b><br />مبدئيا هناك خدعة في عنوان الكتاب<p>فالكتاب ليس في الاقتصاد و لكن في علم الاجتماع و لأن المؤلف رجل إقتصاد و لأن الاقتصاد هو أحد فروع علم االإجتماع فقد استخدم ما تعلمه في تحليل بعض الظواهر الاجتماعية بأدوات إقتصادية.</p><p>مجموعة من المواضيع بعضها شيق جدا و بعضها ممل أو مغرق في المحلية لدرجة لا تجعلنا نتفاعل معه.</p><blockquote> ما هي الأشياء المشتركة بين معلمى المدارس و مصارعى السومو </blockquote>يبدو سؤالا ساذجا و لكن الإجابة سهلة.<br />هي أسئلة من نوعية ما وجه الشبه بين البطيخ و الموز و تأتى الإجابة بأن كل منهما لا يصلح كعصير برتقال.<p>إجابة السؤال اللوذعى هنا هي أن معلمى المدارس و مصارعى السومو كل منهما يغش في النتائج و ليس هذا هو المقصود بل المقصود هو أنه يمكن كشف هذا الغش بنفس الطريقة و هي طريقة حسابية إحصائية طورها المؤلف و طبقها على أمثلة بالكتاب.</p><p><a href="http://imgur.com/m1G6jk5"></a></p><p>من الحكايات الطريفة حكاية عن موظف كان يحضر معه خبز الإفطار و بعض الجبن ليفطر هو و زملاء العمل كل يوم و تطور الموضوع حتى صار يحضر معه الإفطار لكل الشركة ثم استقال و أصبح المسئول عن توريد الخبز لبعض كبرى الشركات حتى أنه كان يوزع حوالى ثمانية آلاف رغيف يوميا.<br />سؤال أخر لوذعى:</p><blockquote> كيف تتشابه جمعية الكوكلوس كلان مع الوسطاء العقاريين </blockquote>و لمن يعرف فإن جماعة الكوكلوس كلان هي جماعة إرهابية أمريكية نشأت بعد الإتحاد مباشرة و نشطت ضد الأقليات الإسبانية و السود و الكاثوليك و أي شخص غير أبيض أوروبى الأصل بروتستانتى محافظ و يحكى الكاتب عنها حكايات شيقة جدا جديرة بالقراءة.<p>المهم أن وجه الشبه بينهم و بين الوسطاء العقاريين هو استثمار الخوف لدى الخصم و استخدام معلومات لا تملكها لإجبارك على اتخاذ رد فعل في مصلحتهم و يدلل الكاتب على ذلك بعشرات الحكايات اللذيذة جدا.</p><p><a href="http://imgur.com/mkdC1r1"></a><br />سؤال أخر : </p><blockquote> لماذا لا يزال تجار المخدرات يعيشون مع امهاتهم </blockquote>
<br />برغم أن تجارة المخدرات تدر أموالا طائلة كما نرى في الروايات و الأفلام الا أن الأموال لا توزع على الجميع بعدالة كما يحدث في شركتك تماما. نعم فهى تجارة رأسمالية أيضا.<p><a href="http://imgur.com/kvCfC3P"></a></p><p>يأخذك الكاتب في جولة غريبة و مثيرة في عالم الجريمة و تجارة المخدرات مطبقا نظرياته العجيبة و احصائياته المثيرة ليدلل على أ�� صغار تجار المخدرات يتمنى أحدهم لو يعمل حارس أمن أو أي عمل أخر لو لم يطمع في الوصول لدور الزعيم و من ثم التنعم بالمزيد من الأموال حتى يقتل أو يقبض عليه.</p><p>جزء أخر عن علاقة الإجهاض بالجريمة قد لا يكون مقنعا في عالمنا العربى ثم جزء أخير عن العنصرية التي لا تزال بصماتها واضحة و أثارها تنعكس على الواقع الأمريكي حتى الأن.</p><p>الكتاب مفيد و جيد في معظم أجزائه و أرشحه للقراءة.</p></b></p></div><section><ul><a href="https://www.goodreads.com/review/list/15385951?shelf=economy">economy</a></ul></section><hr /></section></article></div><div><article><div><section><a href="https://www.goodreads.com/user/show/33765-justin"></a></section><section><p>33 reviews19 followers</p></section></div><section><section><a href="https://www.goodreads.com/review/show/2854564">July 18, 2007</a></section><div><p>I guess some people don't like this book because it's not centered around one theme. Instead, it's more about the seemingly diffuse academic work of one of the authors Steven D. Levitt (the other author is a journalist, Stephen J. Dubner). Levitt is something of an economist but more like a social scientist using the tools of Microeconomics applied to other fields that happen to catch his interest (often having something to do with cheating, corruption, crime, etc.). In the back of the book he mentions how he considers himself a student of Thomas Schelling who is kind of like the father of Game Theory (strategy theory?), except much more of a 'man of ideas' than what one might think of when one thinks about game theory today, which is much more mathematical. <p>Anyway, as for the book itself, I thought it was really great. I really like what Levitt is doing as far as using the tools of Microeconomics in other fields. One of my intellectual heroes (I only have a few) is Kenneth Waltz who did the exact same thing in the field of International Relations in the '70's and wrote the seminal book <i>The Theory of International Politics</i>, which pretty much the single-handedly invented defensive (neo) realism. More generally, I think Economics is probably the most formalized of the social sciences and the one to which others should esteem. A lot of the Political Science field concerned with both voter behavior and how legislatures work is now pretty formalized as well, and, I, for one, think this is a good thing. I don't see how anyone could think it's not (good) unless they a)think the scientific method cannot be used to analyze human behavior; or b)have a visceral aversion to mathematical languages. Actually, I am one of the latter, but I, at least, see the value in having a formalized language to work with.</p><p>As for the book itself, there's some maybe-controversial things in there like Levitt did some work that showed that the legalization of abortion in the U.S. (Roe v. Wade) was one of the main reasons that crime in the U.S. dropped in the '90's and continues at the same rates today. He stands behind it pretty hardily though and it doesn't seem like he has a moral agenda at all. Some might argue that the best writers are those who are best able to disguise their moral agenda, but considering he writes about all kinds of not-very-serious things like how sumo wrestling in Japan is probably corrupt as far as matches g,o and there's stuff in there about how real estate agents sell their houses for more than they sell their customers' houses (which, may or may not be surprising), I really don't think he has a hidden pro-life agenda. </p><p>Anyway, there's a bunch of stuff in there (the book), hence the 'freak' in Freakonomics. It's well-written. It's not dry. It's written for a lay audience. I recommend it. Read it and feel the power of social science! ;-)</p></p></div><section><ul></ul></section><hr /></section></article></div><div><article><div><section><a href="https://www.goodreads.com/user/show/5208813-andrew-muckle"></a></section><section><p>12 reviews6 followers</p></section></div><section><section><a href="https://www.goodreads.com/review/show/158084344">April 1, 2011</a></section><div><p>Jesus H Tittyfucking Christ on a bike! Could these two tossers be any more smarmy and self indulgent? Levitt and Dubner and probably the kind of smart arse nerds who snigger at you because you don't understand linux but sneer at you because you've actually spoken to a woman. <p>This book is much like the Emperor's New Clothes, people are so scared about being left out if they don't like or understand it because some sandal wearing hippy in the Guardian said it's 'This year's Das Capital' or some such bollocks that they feel compelled to join some sort of unspoken club where they all jizz themselves silly over a book that effectively is 300+ pages of pure condescension.</p><p>Only buy this book if a facist regime ever seizes control of your country and instigates a book burning policy.</p></p></div><section><ul></ul></section><hr /></section></article></div><div><article><div><section><a href="https://www.goodreads.com/user/show/6603759-misericordia"></a></section><section><p>2,377 reviews18.8k followers</p></section></div><section><section><a href="https://www.goodreads.com/review/show/1416384962">January 27, 2018</a></section><div><p>Extremely enlightening! Worthy of 15 stars out of 5! This is a book about the world and not about any science in particular. It's about learning to question the given and see beyond the obvious. An extremely useful gift in the misguiding modern world.<p>Yeah, populistic much too much but neverthless compulsively readable. A definite revisit and reread.</p><p>Q:<br />As Levitt sees it, economics is a science with excellent tools for gaining answers but a serious shortage of interesting questions. His particular gift is the ability to ask such questions. For instance: If drug dealers make so much money, why do they still live with their mothers? Which is more dangerous, a gun or a swimming pool? What really caused crime rates to plunge during the past decade? Do real-estate agents have their clients’ best interests at heart? Why do black parents give their children names that may hurt their career prospects? Do schoolteachers cheat to meet high-stakes testing standards? Is sumo wrestling corrupt?<br />And how does a homeless man in tattered clothing afford $50 headphones?<br />(c)<br />Q:<br />the modern world, despite a surfeit of obfuscation, complication, 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.<br />(c)<br />Q:<br />“Experts”—from criminologists to real-estate agents-use their informational advantage to serve their own agenda. However, they can be beat at their own game. And in the face of the Internet, their informational advantage is shrinking every day-as evidenced by, among other things, the falling price of coffins and life-insurance premiums.<br />Knowing what to measure and how to measure it makes a complicated world much less so. If you learn how to look at data in the right way, you can explain riddles that otherwise might have seemed impossible. Because there is nothing like the sheer power of numbers to scrub away layers of confusion and contradiction.<br />So the aim of this book is to explore the hidden side of . . . everything. This may occasionally be a frustrating exercise. It may sometimes feel as if we are peering at the world through a straw or even staring into a funhouse mirror; but the idea is to look at many different scenarios and examine them in a way they have rarely been examined.<br />...<br />Steven Levitt may not fully believe in himself, but he does believe in this: teachers and criminals and real-estate agents may lie, and politicians, and even CIA analysts. But numbers don’t.<br />(c)<br />Q:<br />Levitt had an interview for the Society of Fellows, the venerable intellectual clubhouse at<br />Harvard that pays young scholars to do their own work, for three years, with no commitments.<br />Levitt felt he didn’t stand a chance. For starters, he didn’t consider himself an intellectual. He would<br />be interviewed over dinner by the senior fellows, a collection of world-renowned philosophers,<br />scientists, and historians. He worried he wouldn’t have enough conversation to last even the first<br />course.<br />Disquietingly, one of the senior fellows said to Levitt, “I’m having a hard time seeing the<br />unifying theme of your work. Could you explain it?”<br />Levitt was stymied. He had no idea what his unifying theme was, or if he even had one.<br />Amartya Sen, the future Nobel-winning economist, jumped in and neatly summarized what he<br />saw as Levitt’s theme.<br />Yes, Levitt said eagerly, that’s my theme.<br />Another fellow then offered another theme.<br />You’re right, said Levitt, my theme.<br />And so it went, like dogs tugging at a bone, until the philosopher Robert Nozick interrupted.<br />“How old are you, Steve?” he asked.<br />“Twenty-six.”<br />Nozick turned to the other fellows: “He’s twenty-six years old. Why does he need to have a<br />unifying theme? Maybe he’s going to be one of those people who’s so talented he doesn’t need one.<br />He’ll take a question and he’ll just answer it, and it’ll be fine.”<br />(c)<br />Q:<br />There are three basic flavors of incentive: economic, social, and moral. Very often a single incentive scheme will include all three varieties. Think about the anti-smoking campaign of recent years. The addition of a $3-per-pack “sin tax” is a strong economic incentive against buying cigarettes. The banning of cigarettes in restaurants and bars is a powerful social incentive. And when the U.S. government asserts that terrorists raise money by selling black-market cigarettes, that acts as a rather jarring moral incentive.<br />Some of the most compelling incentives yet invented have been put in place to deter crime. Considering this fact, it might be worthwhile to take a familiar question—why is there so much crime in modern society?—and stand it on its head: why isn’t there a lot more crime? After all, every one of us regularly passes up opportunities to maim, steal, and defraud. The chance of going to jail—thereby losing your job, your house, and your freedom, all of which are essentially economic penalties—is certainly a strong incentive. But when it comes to crime, people also respond to moral incentives (they don’t want to do something they consider wrong) and social incentives (they don’t want to be seen by others as doing something wrong). For certain types of misbehavior, social incentives are terribly powerful. In an echo of Hester Prynne’s scarlet letter, many American cities now fight prostitution with a “shaming” offensive, posting pictures of convicted johns (and prostitutes) on websites or on local-access television. Which is a more horrifying deterrent: a $500 fine for soliciting a prostitute or the thought of your friends and family ogling you on <a href="http://www.hookersandjohns.com/">www.HookersAndJohns.com</a>.<br />(с)<br />Q:<br />Some cheating leaves barely a shadow of evidence. In other cases, the evidence is massive.<br />Consider what happened one spring evening at midnight in 1987: seven million American children<br />suddenly disappeared. The worst kidnapping wave in history? Hardly. It was the night of April 15,<br />and the Internal Revenue Service had just changed a rule. Instead of merely listing each dependent<br />child, tax filers were now required to provide a Social Security number for each child. Suddenly,<br />seven million children—children who had existed only as phantom exemptions on the previous<br />year’s 1040 forms—vanished, representing about one in ten of all dependent children in the United<br />States<br />(c)<br />Q:<br />Of all the ideas that Kennedy had thought up—and would think up in the future—to fight bigotry, his Superman campaign was easily the cleverest and probably the most productive. It had the precise effect he hoped: turning the Klan’s secrecy against itself, converting precious knowledge<br />into ammunition for mockery. Instead of roping in millions of members as it had just a generation<br />earlier, the Klan lost momentum and began to founder. Although the Klan would never quite die,<br />especially down South—David Duke, a smooth-talking Klan leader from Louisiana, mounted<br />legitimate bids for the U.S. Senate and other offices—it was also never quite the same. In The Fiery Cross: The Ku Klux Klan in America, the historian Wyn Craig Wade calls Stetson Kennedy “the single most important factor in preventing a postwar revival of the Ku Klux Klan in the North.”<br />This did not happen because Kennedy was courageous or resolute or unflappable, even though he was all of these. It happened because Kennedy understood the raw power of information. The Ku Klux Klan was a group whose power—much like that of politicians or real-estate agents or stockbrokers—was derived in large part from the fact that it hoarded information. Once that information falls into the wrong hands (or, depending on your point of view, the right hands), much of the group’s advantage disappears.<br />(с)<br />Q:<br />Information is so powerful that the assumption of information, even if the information does not actually exist, can have a sobering effect.<br />(c)<br />Q:<br />It is common for one party to a transaction to have better information than another party. In<br />the parlance of economists, such a case is known as an information asymmetry. We accept as a<br />verity of capitalism that someone (usually an expert) knows more than someone else (usually a<br />consumer). <br />(c)<br />Q:<br />If you were to assume that many experts use their information to your detriment, you’d be<br />right. Experts depend on the fact that you don’t have the information they do. Or that you are so<br />befuddled by the complexity of their operation that you wouldn’t know what to do with the<br />information if you had it. Or that you are so in awe of their expertise that you wouldn’t dare<br />challenge them. If your doctor suggests that you have angioplasty—even though some current<br />research suggests that angioplasty often does little to prevent heart attacks—you aren’t likely to<br />think that the doctor is using his informational advantage to make a few thousand dollars for<br />himself or his buddy. But as David Hillis, an interventional cardiologist at the University of Texas<br />Southwestern Medical Center in Dallas, explained to the New York Times, a doctor may have the<br />same economic incentives as a car salesman or a funeral director or a mutual fund manager: “If<br />you’re an invasive cardiologist and Joe Smith, the local internist, is sending you patients, and if you<br />tell them they don’t need the procedure, pretty soon Joe Smith doesn’t send patients anymore.”<br />(c)<br />Q:<br />Consider this true story, related by John Donohue, a law professor who in 2001 was teaching at Stanford University: “I was just about to buy a house on the Stanford campus,” he recalls, “and the seller’s agent kept telling me what a good deal I was getting because the market was about to zoom. As soon as I signed the purchase contract, he asked me if I would need an agent to sell my previous Stanford house. I told him that I would probably try to sell without an agent, and he replied, ‘John, that might work under normal conditions, but with the market tanking now, you really need the help of a broker.’”<br />Within five minutes, a zooming market had tanked. Such are the marvels that can be conjured by an agent in search of the next deal.<br />(c)<br />Q:<br />They were also a lot richer, taller, skinnier, and better-looking than average. That, at least, is what they wrote about themselves. More than 4 percent of the online daters claimed to earn more than $200,000 a year, whereas fewer than 1 percent of typical Internet users actually earn that much, suggesting that three of the four big earners were exaggerating. Male and female users typically reported that they are about an inch taller than the national average. As for weight, the men were in line with the national average, but the women typically said they weighed about twenty pounds less than the national average.<br />Most impressively, fully 70 percent of the women claimed “above average” looks, including 24 percent claiming “very good looks.” The online men too were gorgeous: 67 percent called themselves “above average,” including 21 percent with “very good looks.” This leaves only about 30 percent of the users with “average” looks, including a paltry 1 percent with “less than average” looks—which suggests that the typical online dater is either a fabulist, a narcissist, or simply resistant to the meaning of “average.” (Or perhaps they are all just realists: as any real-estate agent knows, the typical house isn’t “charming” or “fantastic,” but unless you say it is, no one will even bother to take a look.) Twenty-eight percent of the women on the site said they were blond, a number far beyond the national average, which indicates a lot of dyeing, or lying, or both. <br />Some users, meanwhile, were bracingly honest. Eight percent of the men—about 1 in every 12 conceded that they were married, with half of these 8 percent reporting that they were “happily married.” But the fact that they were honest doesn’t mean they were rash. Of the 258 “happily married” men in the sample, only 9 chose to post a picture of themselves. The reward of gaining a mistress was evidently outweighed by the risk of having your wife discover your personal ad. <br />(c)<br />Q:<br />But if there is no unifying theme to Freakonomics, there is at least a common thread running through the everyday application of Freakonomics. It has to do with thinking sensibly about how people behave in the real world. All it requires is a novel way of looking, of discerning, of measuring. This isn’t necessarily a difficult task, nor does it require supersophisticated thinking. We have essentially tried to figure out what the typical gang member or sumo wrestler figured out on his own (although we had to do so in reverse).<br />Will the ability to think such thoughts improve your life materially? Probably not. Perhaps you’ll put up a sturdy gate around your swimming pool or push your real-estate agent to work a little harder. But the net effect is likely to be more subtle than that. <br />You might become more skeptical of the conventional wisdom; you may begin looking for hints as to how things aren’t quite what they seem; perhaps you will seek out some trove of data and sift through it, balancing your intelligence and your intuition to arrive at a glimmering new idea. Some of these ideas might make you uncomfortable, even unpopular. To claim that legalized abortion resulted in a massive drop in crime will inevitably lead to explosive moral reactions. <br />(c)</p></p></div><section><ul><a href="https://www.goodreads.com/review/list/6603759?shelf=consulting">consulting</a> <a href="https://www.goodreads.com/review/list/6603759?shelf=educational">educational</a> <a href="https://www.goodreads.com/review/list/6603759?shelf=knowledge">knowledge</a> </ul></section><hr /></section></article></div><div><article><div><section><a href="https://www.goodreads.com/user/show/114413220-sofia"></a></section><section><p>294 reviews5,940 followers</p></section></div><section><section><a href="https://www.goodreads.com/review/show/4842413188">July 12, 2022</a></section><div><p>I lost all faith in this book when it tried to teach you how to be a “perfect parent” and came to the conclusion that “it isn’t so much a matter of what you do as a parent; it’s who you are.” He claims that your socioeconomic status determines whether or not you will be a good parent. One of his biggest points in this chapter is that nothing a parent does (for example, taking their child to museums or reading books to their toddler) matters in the slightest. The only data he uses to draw this conclusion is a collection of test scores. Obviously a high test score does not equal a well-raised, happy child in a healthy family environment. And of course what you do as a parent matters. You can’t totally neglect your child and then claim you’re a perfect parent because of your socioeconomic status. You also cannot determine what makes a good parent based on children’s test scores alone. <p>Also, can we talk about how self-congratulatory the author is? It makes the book such a chore to read when he includes things like how he is a demigod of economics or how much he dazzled journalists with his inventiveness and how he revolutionized the field. </p><p><i>Freakonomics</i> is disappointing. </p></p></div><section><ul><a href="https://www.goodreads.com/review/list/114413220?shelf=nonfiction">nonfiction</a></ul></section><hr /></section></article></div><div><article><div><section><a href="https://www.goodreads.com/user/show/5253785-lyn"></a></section><section><p>1,847 reviews16.3k followers</p></section></div><section><section><a href="https://www.goodreads.com/review/show/186232492">June 22, 2016</a></section><div><p>Freakonomics explores the hidden side of everything. <p>If morality describes the ideal world, then economics describes the actual world. Further, Freakonomics studies incentives and how different people in different professions respond. </p><p>Some of the case studies include bagel salesmen, sumo wrestlers, public school teachers, crack cocaine dealers and parents. This is a smart, fun book; but it's not for everyone. Through a high nerd prospective, the authors deliver a slide rule and pocket protector observation of some controversial subjects.</p><p></p></p></div><section><ul></ul></section><hr /></section></article></div><div><article><div><section><a href="https://www.goodreads.com/user/show/1651956-riku-sayuj"></a></section><section><p>653 reviews6,926 followers</p></section></div><section><section><a href="https://www.goodreads.com/review/show/145919420">July 9, 2016</a></section><div><p><br />As the old joke goes, the questions in economics exams are the same every year; only the answers change.<p>(re-reading in prep for the super-freaks)</p></p></div><section><ul><a href="https://www.goodreads.com/review/list/1651956?shelf=economics">economics</a> <a href="https://www.goodreads.com/review/list/1651956?shelf=favorites">favorites</a> <a href="https://www.goodreads.com/review/list/1651956?shelf=media-hyped">media-hyped</a> </ul></section><hr /></section></article></div><div><article><div><section><a href="https://www.goodreads.com/user/show/3675162-j-l-sutton"></a></section><section><p>651 reviews826 followers</p></section></div><section><section><a href="https://www.goodreads.com/review/show/3008549976">November 5, 2019</a></section><div><p>I enjoyed Steven Levitt and Stephen Dubner’s Freakonomics: A Rogue Economist Explores the Hidden Side of Everything; however, I’m not yet sure if it is simply entertaining or is in any way instructive. Levitt and Dubner explore a diverse range of subjects: from linking Roe v. Wade to violent crime, cheating by teachers and sumo wrestlers to an economic model of drug dealing. <p>I’d like to think that the stories told by the authors and the way they analyze conventional thinking would put me on a path to look past easy answers. Having completed Freakonomics, do I look at the world radically differently than I did before picking up the book? It is Interesting to look at subjects from a different angle. Positing that economics and specifically the field of study now dubbed freakonomics has nothing to do with morality is an intriguing concept as well, but deciding which stories to tell is necessarily selective. Indeed, the focus is interesting. So yes I enjoyed Freakonomics, but feel I should have more to say about it and the authors’ underlying premises than I do. 3.25 stars </p></p></div><section><ul></ul></section><hr /></section></article></div><div><article><div><section><a href="https://www.goodreads.com/user/show/972904-jake"></a></section><section><p>174 reviews2 followers</p></section></div><section><section><a href="https://www.goodreads.com/review/show/26782649">July 9, 2008</a></section><div><p>The Basics:<p>Freakonomics isn’t really about any one thing, which makes it a bit hard to summarize. In essence, it’s economist Steven Levitt playing around with economic principles and basic statistical analysis to examine various cultural trends and phenomena. He tackles a variety of questions, from whether or not sumo wrestlers cheat (they do) to whether or not a child’s name determines his success (it doesn’t). He does this all through examining statistics and data, trying to find facts to back up various assertions rather than relying on conventional wisdom.</p><p>The Good:</p><p>As a person who is sick of the inability of most people to have a rational discourse on any even vaguely politicized topic, and a self-proclaimed skeptic, it’s nice to read anyone who endorses looking at hard data to make judgments about possibly controversial issues. Levitt does a nice job of not only proclaiming the advantages of this sort of rational outlook, but also of showing that when you actually examine the data, you sometimes get surprising results. Furthermore, he takes the time to point out that there is a difference between correlation and causation, and that many people mistake one for the other. Again, a nice touch.</p><p>The actual questions that Levitt asks are all fairly interesting, though some will appeal to certain readers more than others. In addition to cheating sumotori and strange names, Levitt also examines cheating teachers, the economics of crack dealers, and the effect of abortion on crime. Crime, in point of fact, seems to be Levitt’s greatest interest, and I wonder if he might not have been better served by writing an entire book on the relationship between economics and crime, as opposed to trying to touch on a number of different subjects that are all largely unrelated. It might have made for a tighter, more focused book.</p><p>The writing is solid; simple and easy, but solid. Despite being a book about economics, it’s not a terribly dense read, as witnessed by the fact that I finished it off in about two days. Granted, it was two days of heavy reading, but it was still two days.</p><p>The Bad:</p><p>For a book that’s so gung ho about statistics, there aren’t many statistics in here. Levitt claims that the numbers back up his research, but he rarely provides the data itself, which makes it difficult to tell how much he might be manipulating statistics to serve his own ends. It makes the book seem like it’s been dumbed down for the plebian masses, which will be very frustrating to any intelligent reader who wants to look at Levitt’s data themselves. Any reader who doesn’t feel like reading the numbers can do what most of us did in undergrad—skip the numbers sections. It’s just sloppy; I can’t imagine Levitt would do this in a formal economics paper.</p><p>The book also lacks much in the way of an unifying theme, a problem that is acknowledged within the text itself; that isn’t only sad, it’s sloppy. I doubt that a writer of Dubner’s skill and an economist of Levitt’s apparent genius (more on that below) are totally incapable of thinking of and describing some kind of unifying theme throughout this work. It just smacks of laziness, even more so when there’s a half-hearted “well, I guess you could say it’s this…” sort of thing in the epilogue. Again, I have trouble imagining that Levitt would submit a paper that was this disjointed to a serious economic publication; why should the general public be treated less seriously?</p><p>The Ugly:</p><p>The self-aggrandizement. Oh, the self-aggrandizement.</p><p>Every chapter is preceded by excerpts from an article about Levitt, which all tell us what a brilliant and unconventional economist this man is. In the introduction, we’re told that he really wasn’t that interested in writing a book, unless he got to work with this wonderful journalist who had written an article about him earlier. The cover promises that we will be “dazzled” by a “rogue economist” who explains “the hidden side of everything.”</p><p>For all of this talk of brilliance and dazzling explanations, the book doesn’t seem that brilliant. It seems like a transcript of some interesting dinner conversation with a smart guy, the sort that makes you go home and think, “hey, this stuff is interesting, I ought to go pick up a book about it.” Of course, the problem here is that you’ve already picked up the book.</p><p>The fact that Levitt wasn’t that interested in writing a book in the first place is telling; this book feels like something written by a person who needed to get the work done, but really wasn’t engaged in what he was doing. Maybe he should have waited until he was a little more motivated.</p></p></div><section><ul><a href="https://www.goodreads.com/review/list/972904?shelf=anthropology">anthropology</a> <a href="https://www.goodreads.com/review/list/972904?shelf=psychology">psychology</a></ul></section><hr /></section></article></div><div><article><div><section><a href="https://www.goodreads.com/user/show/1848403-jennifer"></a></section><section><p>70 reviews12 followers</p></section></div><section><section><a href="https://www.goodreads.com/review/show/324362891">November 13, 2016</a></section><div><p>Yeah, this isn't 'rogue economics'. This is sociology. It's not a new discipline. And this is really spurious sociology that wouldn't pass muster in academia, so Levitt published it for public consumption. </p></div><section><ul><a href="https://www.goodreads.com/review/list/1848403?shelf=cl">cl</a> <a href="https://www.goodreads.com/review/list/1848403?shelf=sociology">sociology</a></ul></section><hr /></section></article></div><div><article><div><section><a href="https://www.goodreads.com/user/show/633622-joe-s"></a></section><section><p>42 reviews103 followers</p></section></div><section><section><a href="https://www.goodreads.com/review/show/11198408">December 29, 2007</a></section><div><p>The most interesting part of this book was the introduction. Sad, but true.<p>Four stars for presentation. The prose is nearly invisible, which I suppose in this genre is preferable to the alternative. And the content is mildly interesting, in a "Huh. Wouldja look at that" sort of way, as though you saw a duck waddling through your back yard with jam on its head.</p><p>But insofar as it's meant to be the vehicle for a larger framework for viewing the world, this book is old news. You mean shit's connected in weird, roundabout ways? Get out. Conventional wisdom is often <i>wrong</i>? Superficial analyses are lazy and innacurate? My head...is spinning.</p><p>Read some good poetry, you hipster fucks.</p></p></div><section><ul><a href="https://www.goodreads.com/review/list/633622?shelf=nonfiction">nonfiction</a></ul></section><hr /></section></article></div><div><article><section><section><a href="https://www.goodreads.com/review/show/1049852415">September 9, 2014</a></section><div><p>Well,this is the most terrible book I have ever seen,it was too terrible to read.It’s so terrible that I just want to burn it as fast as I can,and it cost me 58RMB.That was 58RMB,it was to expensive for me to afford.At first.I thought it was a good book,and I spend all my money on this book.And I was pretty annoyed about this I don’t have any other money for my breakfast,lunch,and even dinner.I haven’t drink juice for the whole year.Reading this is a waste of time,no one want to see this book again.It was just rubbish,and smelly book.It tells my nothing.I even want to sell this to the writer,and ask to return my money and some extra.It cost me too much time,and too much money on it.I prefer to see a movie instead!!!</p></div><section><ul></ul></section><hr /></section></article></div><div><article><div><section><a href="https://www.goodreads.com/user/show/614778-ahmad-sharabiani"></a></section><section><p>9,568 reviews55.6k followers</p></section></div><section><section><a href="https://www.goodreads.com/review/show/2953960436">August 28, 2019</a></section><div><p>Freakonomics: A Rogue Economist Explores the Hidden Side of Everything (Freakonomics), Steven D. Levitt, Stephen J. Dubner<br />Freakonomics: A Rogue Economist Explores the Hidden Side of Everything is the debut non-fiction book by University of Chicago economist Steven Levitt and New York Times journalist Stephen J. Dubner. It was published on April 12, 2005, by William Morrow. The book has been described as melding pop culture with economics. By late 2009, the book had sold over 4 million copies worldwide. <br />The book is a collection of articles written by Levitt, an expert who had gained a reputation for applying economic theory to diverse subjects not usually covered by "traditional" economists. In Freakonomics, Levitt and Dubner argue that economics is, at root, the study of incentives. The book's chapters cover:<br />Chapter 1: Discovering cheating as applied to teachers and sumo wrestlers, as well as a typical Washington, D.C.–area bagel business and its customers<br />Chapter 2: Information control as applied to the Ku Klux Klan and real-estate agents<br />Chapter 3: The economics of drug dealing, including the surprisingly low earnings and abject working conditions of crack cocaine dealers<br />Chapter 4: The role legalized abortion has played in reducing crime, contrasted with the policies and downfall of Romanian dictator Nicolae Ceauşescu (Levitt explored this topic in an earlier paper entitled "The Impact of Legalized Abortion on Crime," written with John Donohue.)<br />Chapter 5: The negligible effects of good parenting on education<br />Chapter 6: The socioeconomic patterns of naming children (nominative determinism)<br />تاریخ نخستین خوانش: روز بیست و هفتم ماه آگوست سال 2008 میلادی<br />عنوان: اقتصاد ناهنجاری‌های پنهان اجتماعی؛ نویسنده: استیون لویت، استپان‌ دابنر؛ مترجم: سعید مشیری؛ تهران: نشر نی‏‫، 1386؛ در 269 ص؛ شابک: 9789643129507؛ چاپ دوم 1392؛ موضوع: اقتصاد از نویسندگان امریکایی - جنبه های روانشناسی - سده 21 م<br />عنوان: اقتصاد، علم انگیزه‌ها؛ نویسنده: استیون دی‌. لویت؛ مترجم: امیرحسین توکلی؛ تهران: سبزان‏‫، 1385؛ در 197 ص؛ شابک: 9789648249674؛ عنوان روی جلد: اقتصاد علم انگیزه‌ها: مهارت‌های لازم برای کشف ابعاد پنهان پدیده‌ها؛<br />‬کتاب «فریکونومیکس» در باره ی اقتصاد، از اقتصاددان دانشگاه شیکاگو «استیون لویت» است، که نخستین بار در روز دوازدهم ماه آوریل سال 2005 میلادی منتشر شد. این کتاب تا پایان سال 2009 میلادی، بیش از چهار میلیون نسخه فروش داشته است. کتاب با عنوان «اقتصاد ناهنجاری‌های اجتماعی» توسط نشر نی و با ترجمه ی جناب «سعید مشیری»، و با عنوان: «اقتصاد، علم انگیزه‌ها»؛ با ترجمه ی جناب «امیرحسین توکلی»، منتشر شده است. کتاب چندین فصل دارد: درباره حقه زدن در شغل‌هایی مانند معلمی و کشتی‌گیران سومو؛ شباهت‌های کوکلوس‌کلان‌ و افراد معاملات ملکی؛ سیستم اقتصادی کارتل‌های مواد مخدر؛ تاثیر قانونی‌سازی سقط جنین در کاهش جرایم چندین سال بعد؛ نقش بسیار کم تربیت خوب کودکان توسط والدین در بهتر شدن آموزش و پرورششان؛ و الگوهای نامگذاری کودکان در یک جامعه. ا. شربیانی</p></div><section><ul><a href="https://www.goodreads.com/review/list/614778?shelf=21th-century">21th-century</a> <a href="https://www.goodreads.com/review/list/614778?shelf=business">business</a> <a href="https://www.goodreads.com/review/list/614778?shelf=economic">economic</a> </ul></section><hr /></section></article></div><div><article><div><section><a href="https://www.goodreads.com/user/show/66799591-amit-mishra"></a></section><section><p>231 reviews667 followers</p></section></div><section><section><a href="https://www.goodreads.com/review/show/2836602654">May 28, 2019</a></section><div><p>The book is totally different than ordinary books on this topic. It will bring out those facts that we don't want to eve look or discuss. It has provided many examples with those are unbelievable. It has used to comapre sumo wrestlers and school teachers. IT goona freak you all the time.<br />May the style of the wrtitng book is different but he delivers the information that is valuable to all. It will change the way you think about the modern world. </p></div><section><ul></ul></section><hr /></section></article></div><div><article><section><section><a href="https://www.goodreads.com/review/show/4427280">September 14, 2007</a></section><div><p>Levitt makes the lofty claim that economics is not swayed by moral sensibilities - it's a pure numbers game of course! However, not knowing much about him beyond his affiliation with the University of Chicago and what was written in the book, I can surmise that he is conservative, or at least what today would be inappropriately labeled "moderate." Is this a bad thing? Not necessarily...or at least I don't view it that way. Does it affect his conclusions? Absolutely. Levitt assumes his assertion that Roe v. Wade is responsible for the drop in crime experienced in the 1990s is the most controversial in the book, but I was not bothered by that conclusion at all. What did raise my ire a bit was his statement that "Minorities commit more crimes." Perhaps the pure numbers seem to show so, but upon closer examination and more careful thought, one might conclude that minorities are simply arrested and convicted more often. In many cases, Levitt does delve into the deeper "behind the scenes" reasons for why things happen, but in this glaring example, he delves no further than to admit that poverty might have a link to crime commission, and with more minorities in poverty more of them commit crimes. Might it also have a link to crime conviction? The white suburban kid who can afford a long and arduous defense, or whose father knows someone who can get the kid out of a jam, has a much better chance of having his case dismissed than a poor minority kid assigned a public defender (not to say that public defenders don't do good work - in fact many of them are some of the most amazing lawyers out there). Suffice to say the system is stacked against people in poverty and minorities, and Levitt fails to fully acknowledge this in his discussion of what causes and helps prevent crime. I wasn't so much angry as I was disappointed. When one of the brightest minds in our country can't see beyond his own prejudices, where is the hope for the rest of us? Levitt might be a genius, but he is woefully culturally incompetent. </p></div><section><ul></ul></section><hr /></section></article></div><div><article><div><section><a href="https://www.goodreads.com/user/show/379916-aileen"></a></section><section><p>51 reviews10 followers</p></section></div><section><section><a href="https://www.goodreads.com/review/show/6256168">September 15, 2007</a></section><div><p>I am indebted to airport bookstores. And I am thus indebted to such an extent, that I can confess to arriving early for any flight departing from an airport with a bookstore for the sole purpose of securing a few additional minutes to browse books. If it were not for the practicalities of travelling, I would probably have bought this book much sooner than I did for I had been securing extra minutes in airport bookstores just to read through another chapter long before I actually bought it.<p>You see, my travels are laden with a heavy debate: shall I pack my extra suitcase with books or groceries? I resolve this by alternating. For one trip to the Outside, a spare duffel bag will be dedicated to books and I will shun all opportunities to visit grocery stores just to preserve that determination. On the next visit, I will carry a spare cooler (rather than duffel bag) and splurge on leg of lamb and cheeses free of artificial coloring. The ultimate effect of this system, however, is a backlog in possessing the books I'd like to read.</p><p>Finally, however, the fates aligned. I was travelling to Iowa on what I expected to be a gloriously grocery-focused trip. But my cooler broke as I was carrying it to the truck that we would drive to our local airport. There wasn't time to fix it. I was sad, of course, as I had been anticipating all the pork I was going to return with from Iowa. But I consoled myself with all those Iowa cookbooks I could now carry, and resolved not to prolong any lamentations over the cooler. And, oh, did I find myself lugging around a heavy library - such hours did I spend in Powells (there was a 1 week layover in Oregon) and Iowa City's bookstores. The day before we left Iowa, Nate told me about how much he enjoyed this book. His description renewed my interest, and I committed myself to buying a copy before we left. But, alas, we ran out of time. We didn't make it to a bookstore. It was sadder than the last-minute loss of the cooler. So when we arrived in Chicago, and had a few minutes to wait for the connecting flight to Alaska, and our gate was right next to a book kiosk, and I was pretty sure there was just enough room in my carry-on to squeeze in one more book - it was this book that I grabbed. </p><p>I raced through it. Loving each chapter. I really can't recommend it enough. A fun read, for those who like to be entertained by books. Informative too, for those that like to read for knowledge, thought, and/or discourse. But what elevates it to favorite is that it alters perception and challenges assumptions. For what it's worth, I have no regrets that I carried this book rather than Iowa pork.....and I can think of no finer testament to a good book. Then again, most of my entertainment these days revolves around pickling turnips. So if turnips aren't your thing, feel free to take my recommendation with a grain of salt....but you should still read this book.</p></p></div><section><ul></ul></section><hr /></section></article></div><div><article><div><section><a href="https://www.goodreads.com/user/show/1794887-cwn-annwn-13"></a></section><section><p>468 reviews67 followers</p></section></div><section><section><a href="https://www.goodreads.com/review/show/101702299">May 8, 2010</a></section><div><p>I assumed Freakonomics would be a book that used statistics to debunk various societal hysterias and fearmongering in a semi-humorous way. I quickly realized what I was in for when early in the book when the authors gave their background as Harvard Jews and profiled a guy that infiltrated the KKK for the ADL. The story sounds at least partially made up. <p>It then jumped into predictable white guilt inducing trash and goes into mental contortions using "data" and sociological explanations for black criminality and low IQ scores. The writers of this book are also obsessively pro-Abortion. The only surprise was they used statistics to show you are much more likely to die from an automobile or a swimming pool than a gun. This book would probably appeal to upper middle class liberals who like to consider themselves clever and politically astute from their isolated armchairs. For me Freakonomics was a big load of garbage.</p></p></div><section><ul></ul></section><hr /></section></article></div><div><article><div><section><a href="https://www.goodreads.com/user/show/11506807-alena"></a></section><section><p>6 reviews53 followers</p></section></div><section><section><a href="https://www.goodreads.com/review/show/1230260366">March 24, 2015</a></section><div><p>Everything I hate about popular science - alternating between over-simplified, patronising, naive or simply annoying, but worst of all, blatantly refusing to take account of the political and social implications of its findings, and being proud of it.</p></div><section><ul></ul></section><hr /></section></article></div><div><article><div><section><a href="https://www.goodreads.com/user/show/2990642-rowena"></a></section><section><p>500 reviews2,410 followers</p></section></div><section><section><a href="https://www.goodreads.com/review/show/79290139">July 29, 2013</a></section><div><p>I found this book to be really fascinating. Chapter 3- Why do drug dealers still live with their moms, was very illuminating. I like the questions they posed and the connections they came up with. I was quite surprised about the American school system, especially the fact that teachers often used cheating methods to make sure their students scored well in standardized tests.The section about how given names may influence one's future was quite gloomy in some ways, especially as there's evidence that we are judged based on our names, not on our abilities. All in all, a lot of great information.</p></div><section><ul><a href="https://www.goodreads.com/review/list/2990642?shelf=non-fiction">non-fiction</a> <a href="https://www.goodreads.com/review/list/2990642?shelf=sociology">sociology</a></ul></section><hr /></section></article></div><div><article><div><section><a href="https://www.goodreads.com/user/show/175635-trevor"></a></section><section><p>1,279 reviews21.3k followers</p></section></div><section><section><a href="https://www.goodreads.com/review/show/18202979">March 20, 2008</a></section><div><p>This is a very American book. Not just because all of the examples in it are set in the US, but also the hype about it is terribly American too. It has the tone of self congratulation that has sold a million self-help books. Which is a pity, as what it has to say is terribly interesting and amusing.<p>The stuff at the end about how the name you are born with affects your life is very interesting. Also the idea, that is clearly true, but I'd never thought of it before, that people give their daughters crazier names than their sons.</p><p>The point of this book is to say that sometimes there are very interesting correlations between things that seem quite disparate. The big one (and I haven't checked, but I assume this one didn't go down terribly well with the religious right in America) was the idea that the drop in violent crime in the US was due to the drop in violent criminals and this was due to there being less people brought up in abject poverty which is due to people being able to have access to abortion and not bringing unwanted children into the world.</p><p>The comparisons between drug dealers and McDonalds as a corporate structure is now received wisdom - Obama quotes this in his book.</p><p>Overall this is a great little read and quite fun - but really, I can't think of a single book that was improved by self-congratulation.</p></p></div><section><ul><a href="https://www.goodreads.com/review/list/175635?shelf=behavioural-economics">behavioural-economics</a> <a href="https://www.goodreads.com/review/list/175635?shelf=economics">economics</a></ul></section><hr /></section></article></div><div><article><div><section><a href="https://www.goodreads.com/user/show/92905048-maziyar-yf"></a></section><section><p>453 reviews204 followers</p></section></div><section><section><a href="https://www.goodreads.com/review/show/4018895150">June 7, 2021</a></section><div><p>کتاب اقتصاد ناهنجاری های پنهان اجتماعی نوشته<b> استیون لویت </b>به بیان خود نویسنده کتابی ایست که موضوع واحدی ندارد ، و اثر و اصولا ادعایی هم در بهبود کیفیت زندگی مادی انسان ندارد ، اساس کتاب او بر مبنای شک است . <br />آنچه نویسنده به دنبال آن بوده است پیدا کردن رشته ای مشترک در کاربردهای امور روزمره است ، این که مردم در دنیای واقعی چگونه رفتار می کنند ، مساله ای مهم که آقای لویت تلاش کرده با تلفیقی از علم اقتصاد ، آمار ، جامعه شناسی و رفتار شناسی به آن پی ببرد . <br />هدف نویسنده در زیر سوال بردن عقل متعارف است ، پرسیدن سوال های بسیار تا هر فرد برای هر موضوعی با تکیه بر هوش و شناخت خود به ایده یا راه حلی برای آن برسد .<br />اگرچه بیشتر موضوعاتی که استیون لویت به آن ها پرداخته اصل و ریشه غربی دارد و برای مردم در جوامع شرق ممکن است کمی عجیب به نظر برسد اما کتاب در مجموع در تلاش برای نگریستن متفاوت و خارج از عقل متعارف برای خواننده فارغ از هر جامعه یا ملیتی ، نسبتا موفق بوده است .</p></div><section><ul></ul></section><hr /></section></article></div><div><article><div><section><a href="https://www.goodreads.com/user/show/6548813-natalie-curiousreader"></a></section><section><p>500 reviews443 followers</p></section></div><section><section><a href="https://www.goodreads.com/review/show/1133324893">December 22, 2014</a></section><div><p>The "experts are evil, have agendas, will trick you" talk got old real fast, especially when points are later being backed up with experts research. There's not enough discussion on the data itself, no distinction between quantitative and qualitative, and not enough discussion on the many flaws of data and how we analyze it. Pretty interesting how much he dislikes criminologists but then (if I remember correctly), only mentions the same one or two names over and over when giving examples of criminologists that had agendas/tricked the public. Also the fact that the entire book, and the issues, feels very simplified. Actually the author puts it best himself: <br />"The typical parenting expert, like experts in other fields, is prone to sound exceedingly sure of himself. <b>An expert doesn’t so much argue the various sides of an issue, as plant his flag firmly on one side. That’s because an expert who’s argument reeks of restraint or nuance often doesn’t get much attention.</b> An expert must be bold if he hopes to alchemise (?) his homespun theory into conventional wisdom." <br />This is often how I perceived the book to be written, very simplified, without enough nuance or room for possible explanations - only one right answer. I didn't like how the book was written, how the topics where dealt with, and had a hard time taking anything seriously after all of the self-admiration and the repeated "all experts have agendas (except for us)" talk in every chapter. </p></div><section><ul></ul></section><hr /></section></article></div><div><article><div><section><a href="https://www.goodreads.com/user/show/2926986-michael"></a></section><section><p>415 reviews5 followers</p></section></div><section><section><a href="https://www.goodreads.com/review/show/1340433468">July 23, 2015</a></section><div><p>Verbose, repetitive, contradictory: a book of 200-pages that could be condensed to 3-5 pages. <p>Titles that vary from scintillating to insulting, yet are followed by a chapter that doesn't support the title bar. </p><p>Anecdotal stories, mistaken for data or hypothesis. Interpretations and hypotheses are drawn from data that could still be interpreted in multiple ways.</p><p>The book claims that it will link the unexpected, but frankly, links the obvious, with many "well duh" moments.</p><p>Needless generations of lists that help bulk out the book, but provide little further benefit for study.</p><p>Each chapter begins with unnecessary aggrandisement of the author for the statistician, that jars the flow of the book.</p><p>Overall, a good demonstration of why "social sciences" are in no way close to being "science", and instead should be termed social philosophy.</p></p></div><section><ul></ul></section><hr /></section></article></div><div><article><div><section><a href="https://www.goodreads.com/user/show/6237864-nandakishore-mridula"></a></section><section><p>1,238 reviews2,206 followers</p></section></div><section><section><a href="https://www.goodreads.com/review/show/3272550135">April 12, 2020</a></section><div><p>I once read somewhere that statistics can be used to prove anything. This book is evidence for the same.<p>Steven D. Levitt, a "rogue" economist by his own admission, and who confesses that he is terrible at traditional economics, uses the methods of statistical analysis to look at the unexplored relations between things in society - like the resemblance between Japanese sumo wrestlers and American schoolteachers, why real-estate agents are similar to the Ku Klux Klan, whether parenting has any effect on how a child turns out... etc, etc. By the confession of the authors themselves, the book has no central theme - it just explores the "hidden side of everything". Levitt and Dubner say that economics has the tools to provide the right answers, but only a very few people ask the right questions.</p><p>Some of his findings do have credibility (like that of schoolteachers and sumo wrestlers cheating to advance their careers, though I did not find anything earthshaking in those); some seem to be refreshing new perspectives (the similarity between the drug mafia and corporate houses, for example); some seem trite to the point of silliness (like the Ku Klux Klan and real-estate agents being undone through the availability of information); and some seem to have some substance, but require further study of all parameters (how the station in life and the behaviour of parents affect the children). However, One finding, which is lauded by most reviewers of the book as startling, I found I could take with only a very large lump of salt: that the reduction in crime in the USA in the 1990's is due to the legalisation of abortions in 1973. The authors assume that crime is committed by unwanted children whom their mothers could not get rid of, and once they were allowed to, problem was solved! This, while at the same time arguing gun control is not having much effect either way while increase in police force and punishment is a deterrent, seems to me peddling to the right liberal narrative - at the same time totally ignoring the socioeconomic factors behind crime.</p><p>As far as I am concerned, any kind of simplistic conclusions drawn from statistical data is suspect. Let me make this clear with an example close to my heart.</p><p>In India, the state of Kerala in the south (from where I hail) tops in almost all Human Development Indices (HDI) such as health, education etc. However, the state also has the highest morbidity levels. What does this mean? Whether higher levels of general health leads to higher incidence of life-style diseases, or simply that since the healthcare and education are good, more people see doctors? Similarly, Kerala is fourth in India on the basis of reported crime. Does this mean that a higher level of education increases criminal tendencies, or that with a more aware population, more crimes get reported? Heated arguments take place on these questions regularly with no clear conclusions - because there are too many factors to make clear inferences.</p><p>So does that mean Levitt and Dubner are talking through their hat, and are best ignored? No, in my opinion. This book is worth reading, if only for the unusual perspective. Also, it prompts us to think beyond the glib statistics the "experts" spout to intimidate the poor layperson, and see for ourselves.</p></p></div><section><ul></ul></section><hr /></section></article></div><div><article><div><section><a href="https://www.goodreads.com/user/show/60866073-baba"></a></section><section><p>3,504 reviews736 followers</p></section></div><section><section><a href="https://www.goodreads.com/review/show/2736593612">September 22, 2020</a></section><div><p>Levitt and Dubner's ground breaking look at the world through the eyes of collated data that tells a story in itself, like their shocking discovery of what caused a huge drop in crime in America in the 1990s. Reading this a decade on I still find this so absorbing and interesting which is just as much as a result of their writing style as their great content.<br />[image error]<br />Just remember assume nothing... question everything! 8 out of 12.<br /></p></div><section><ul><a href="https://www.goodreads.com/review/list/60866073?shelf=non-fiction">non-fiction</a></ul></section><hr /></section></article></div><div><article><div><section><a href="https://www.goodreads.com/user/show/117918586-feli"></a></section><section><p>82 reviews40 followers</p></section></div><section><section><a href="https://www.goodreads.com/review/show/3426421844">July 15, 2021</a></section><div><p>4,5/5 ⭐<p><b>“The conventional wisdom is often wrong.”</b></p><p>As an economics student, this really helped me to open my mind to learn how to analyse everyday situations from a economic point of view. And it also showed me a new branch of economics that has become my favourite.</p><p>If you want to learn the basics on economics, this book is for you. Some people might find it a little bit basic, but I think it should be taken as an introduction to the topic. More than teaching you how economics work, which is no easy task, I believe its purpose is to try and show how for every situation you can find an economic assumption to back it up.</p><p>What should be also taken into account when reading this book is that to prove most of his theories Levitt relies on statistics, which are part of economics as a science but not pure economics itself. Basically, do not expect to become an expert on the subject after reading it.</p><p>Anyways, I found the book pretty entertaining and well written. Highly recommend it.</p></p></div><section><ul><a href="https://www.goodreads.com/review/list/117918586?shelf=2020">2020</a> <a href="https://www.goodreads.com/review/list/117918586?shelf=non-fiction">non-fiction</a></ul></section></section></article></div></div>||||I|||| * Home
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 Freakonomics

 Freakonomics: A Rogue Economist Explores the Hidden Side of Everything

 Steven D. Levitt , Stephen J. Dubner

 4.00
 814,299 ratings 18,282 reviews
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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? Freakonomics will literally redefine the way we view the modern world.

 These may not sound like typical questions for an economist to ask. But Steven D. Levitt is not a typical economist. He is a much heralded scholar who studies the stuff and riddles of everyday life -- from cheating and crime to sports and child rearing -- and whose conclusions regularly turn the conventional wisdom on its head. He usually begins with a mountain of data and a simple, unasked 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 co-author Stephen J. 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 set out to 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 Ku Klux Klan.

 What unites all these stories is a belief that the modern world, despite a surfeit of obfuscation, complication, 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. Steven Levitt, through devilishly clever and clear-eyed thinking, shows how to see through all the clutter.

 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.
 (front flap)
 Genres Nonfiction Economics Business Science Psychology Sociology Finance
 ...more

 268 pages, Hardcover

 First published April 12, 2005

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 About the author

 Steven D. Levitt

 27 books 3,617 followers
 Steven David "Steve" Levitt is a prominent American economist best known for his work on crime, in particular on the link between legalized abortion and crime rates. Winner of the 2003 John Bates Clark Medal, he is currently the Alvin H. Baum Professor of Economics at the University of Chicago, director of the Becker Center on Chicago Price Theory at the University of Chicago Graduate School of Business, and co-editor of the Journal of Political Economy published by the University of Chicago Press. He is one of the most well known economists amongst laymen, having co-authored the best-selling book Freakonomics (2005). Levitt was chosen as one of Time Magazine's "100 People Who Shape Our World" in 2006.
 -Wikipedia

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 Displaying 1 - 30 of 18,282 reviews
 Jim
 15 reviews 19 followers
 February 24, 2008
 This was an interesting book. I say it was interesting because I started liking it (a lot) when I first read it, as time passed I liked it less and less. In that way I call it a candy book, tastes good at first but leaves you worse off for reading it.

 In my opinion, there are two problems with the book: First, Stephen Dubner comes across as a sycophant. Way to much of the book is spent praising Levitt. Secondly, I was disappointed in the lack of detail provided about Livitt's hypothesis. I wanted more. It was like reading War and Peace and discovering that you read the abridged version and in fact the book wasn't 100 pages long. This disappointment may have come from my engineering background and my strong desire to really understand economics. This book didn't offer any of that, only a titillating glimpse of the economics.

 In some regards one may think my single start rating is to harsh. As mind candy this book was quite good. I did enjoy reading it at the time. Whats more, it did encourage me to study real economics. I am currently enrolled in a masters program in economics and this book did play a very small roll in that decision process. However, as I learn more about economics I realize how shallow the book in fact was.

 While this is not the forum for a comprehensive review of the topics presented in the book, or an analysis of how good the economics in Freekanomics are, a review in "Journal of Economic Literature (Vol XLV, Dec. 2007 pp 973)" quotes Livitt as saying: "There is no question I have written some ridiculous papers." The article then goes on to quote a paper by Noam Scheibler(2007) describing Livitt's comparing some of his papers to the fashion industry. "Sometimes you write papers and they're less about the actual result, more about your vision of how you think the profession should be. And so I think some of my most ridiculous papers actually fall in the high-fashion category."

 candy economics
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 Manny
 Author 28 books 13.4k followers
 June 26, 2022
 I loved this book, though I think the title is a bit misleading. It's not really about economics. In fact, he's showing you what interesting things you can discover when you apply statistical analysis to problems where you wouldn't normally think of using it. I use statistical methods a fair amount in my own work, so I found it particularly interesting. The most startling and thought-provoking example is definitely the unexpected reduction in US urban crime that occurred towards the end of the 20th century. Crime rates had been rising for decades, and people were really worried about what would happen if the trend continued. Then, suddenly, they peaked and started to decline. Why? There were a bunch of theories, all of them superficially plausible.

 Levitt crunched the numbers, to see what proportion of the variance could be ascribed to the different factors. This is a completely standard technique; it just hadn't been used here before. He came to the conclusion that the single most important factor, by far, was the ready availability of abortion that started to come in after Roe v Wade . Other things, like more resources for policing and tougher sentencing policies, probably helped, but not nearly as much. I didn't at all get the impression that he had been expecting this result from the start, and just wanted to prove his point. He processed the data, and went where the numbers led him. That's how you're supposed to do science.

 The clincher, at least as far as I was concerned, was the fact that crime statistics peaked at different points in different states, the peaks correlating very well with the dates when each state started making abortion available. States that brought it in early had correspondingly early peaks in their crime rates. It's hard to see how that could happen if Levitt's explanation weren't correct.

 I am surprised that there hasn't been more discussion of Levitt's findings in the political world. Maybe it's just regarded as too hot to handle. But if Levitt is right, and at the moment I would say it's up to his critics to explain why he isn't, then pro-life campaigners would seem be heading in a very unfortunate direction.
 _________________________
 [Update, Jun 26 2022]

 In view of the Supreme Court's recent ruling, I wonder which Republican-led states have started planning for the increased levels of crime that are to be expected fifteen to twenty years from now, and which ones have decided it won't be necessary. In the second case, it would be interesting to know why not. A couple of suggestions to get the ball rolling:

 a) this is liberal science and can be discounted as political messaging,

 b) the Rapture will occur first.
 japanese science well-i-think-its-funny
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 Rachel
 54 reviews 40 followers
 July 9, 2007
 Sure, this book was a compelling read that offered us all some great amo for cocktail party conversation. But ultimately I think most of what Leavitt claims is crap.

 He dodges accoutability with the disclaimer about his book NOT being a scholarly work, but then goes on to drop statistics, theories and expert opinions. These assertions laid, he doesn't provide readers with enough information to critically examine his perspectives.

 Ultimately I have a problem with the unquestioned, unaccoutable role of the public intellectual. Leavitt dances around with his PhD on his sleeve, but is never subject to peer review or any sort of academic criticism. I think it's irresponsible.
 non-fiction
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 Emily May
 1,921 reviews 290k followers
 March 20, 2016
 I won't deny that this is a very interesting, compelling and thought-provoking book. Even for someone like me whose general response to economics is *snore*. And it's mainly because Freakonomics is not really about economics, but involves applying statistical analysis to many social issues and questions.

 Very easy to read. Lots of shocking discoveries that seem weighted in fact - Roe v. Wade is responsible for a huge drop in crime? No wonder some people are pissed off with this book. It's really quite fascinating to look at the power of incentives - economic, social and moral - and examine cause and effect.

 One of my favourite personal experiences with silly notions of cause and effect is diet soft drinks. I confess to being a bit of a coke zero addict. It's not great for you (the sodium makes you more thirsty, a lot of potassium can lead to palpitations, and a lot of phosphoric acid has been linked to kidney problems) but I've lost count of how many times people have cited statistics showing that diet soda drinkers are more likely to be overweight and diabetic. Of course they are! If you're overweight and diabetic you're more likely to drink the low-calorie, sugar-free alternatives, aren't you? So strange how people assume it is A that causes B and ignore the possibility of it being the opposite.

 Anyway, my issue with this entertaining book is that I think it may be - to be frank - bullshit. Not all of it, sure. But definitely some of it. The writers state their points very confidently (some might say with a touch too much smarm) but it requires you to take a lot of what they say on faith. And some of the jumps they make between statistics and conclusion don't quite add up for me. I know many others have felt the same.

 But here was the thing that really got me, the thing that made me smell bullshit: I'm fairly confident something they said is not rooted in any truth. And let's be clear: I am a total noob when it comes to most statistics and economics, so if even I can spot something a bit off , it really makes me question the rest of it. Here it is:
 Women's rights advocates, for instance, have hyped the incidence of sexual assault, claiming that one in three American women will in her lifetime be a victim of rape or attempted rape. (The actual figure is more like one in eight - but the advocates know it would take a callous person to publicly dispute their claims.)

 This, if true, implies two things. 1) Those advocating women's rights are using false data, therefore undermining their credibility, and 2) They have invented a statistic to intentionally support their cause, knowing no one will dispute it (absolutely bizarre that the author thinks no one is disputing women's rights claims, but okay...)

 Well, being a feminist and someone who has spent an awful lot of time reading and writing about women's rights organizations and statistics, my eyes narrowed a little. See, in all my research, I've never seen or heard any claim that "1 in 3 women will be a victim of rape or attempted rape". I have heard the "1 in 3" statistic, but a somewhat different one.

 So, obviously, I went to look it up. I spent a couple of hours going through Google and every women's rights organization page I could find, trying to uncover a single case where that statistic was used. I found exactly: none . The only other thing I found that mentioned it was a Time article attempting to debunk so-called "feminist myths": http://time.com/3222543/5-feminist-my...

 The statistic the authors appear to have misquoted is that "1 in 3 women will experience sexual violence, or physical violence by an intimate partner", which is used often. Sexual violence here is an ambiguous term, leaving room for wider interpretations and probably explaining why, with the addition of domestic violence into the statistic, the number is at "1 in 3" instead of "1 in 8".

 Furthermore, not only have the authors misrepresented the statistical claim itself, but they have also suggested that women's rights advocates have pulled the numbers from thin air to make a point - on the contrary, this is a study conducted by the World Health Organization on the "Global and regional estimates of violence against women".

 I like the idea of the book, but this really put me off. Perhaps it was a one-off error that I managed to spot. Perhaps. Either way, I started to be less impressed by the facts and statistics they presented. Still, very enjoyable book for the most part.
 2016 nonfiction
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 Mohammed-Makram
 1,388 reviews 2,743 followers
 October 25, 2022

 مبدئيا هناك خدعة في عنوان الكتاب

 فالكتاب ليس في الاقتصاد و لكن في علم الاجتماع و لأن المؤلف رجل إقتصاد و لأن الاقتصاد هو أحد فروع علم االإجتماع فقد استخدم ما تعلمه في تحليل بعض الظواهر الاجتماعية بأدوات إقتصادية.

 مجموعة من المواضيع بعضها شيق جدا و بعضها ممل أو مغرق في المحلية لدرجة لا تجعلنا نتفاعل معه.
 ما هي الأشياء المشتركة بين معلمى المدارس و مصارعى السومو
 يبدو سؤالا ساذجا و لكن الإجابة سهلة.
 هي أسئلة من نوعية ما وجه الشبه بين البطيخ و الموز و تأتى الإجابة بأن كل منهما لا يصلح كعصير برتقال.

 إجابة السؤال اللوذعى هنا هي أن معلمى المدارس و مصارعى السومو كل منهما يغش في النتائج و ليس هذا هو المقصود بل المقصود هو أنه يمكن كشف هذا الغش بنفس الطريقة و هي طريقة حسابية إحصائية طورها المؤلف و طبقها على أمثلة بالكتاب.



 من الحكايات الطريفة حكاية عن موظف كان يحضر معه خبز الإفطار و بعض الجبن ليفطر هو و زملاء العمل كل يوم و تطور الموضوع حتى صار يحضر معه الإفطار لكل الشركة ثم استقال و أصبح المسئول عن توريد الخبز لبعض كبرى الشركات حتى أنه كان يوزع حوالى ثمانية آلاف رغيف يوميا.
 سؤال أخر لوذعى:
 كيف تتشابه جمعية الكوكلوس كلان مع الوسطاء العقاريين
 و لمن يعرف فإن جماعة الكوكلوس كلان هي جماعة إرهابية أمريكية نشأت بعد الإتحاد مباشرة و نشطت ضد الأقليات الإسبانية و السود و الكاثوليك و أي شخص غير أبيض أوروبى الأصل بروتستانتى محافظ و يحكى الكاتب عنها حكايات شيقة جدا جديرة بالقراءة.

 المهم أن وجه الشبه بينهم و بين الوسطاء العقاريين هو استثمار الخوف لدى الخصم و استخدام معلومات لا تملكها لإجبارك على اتخاذ رد فعل في مصلحتهم و يدلل الكاتب على ذلك بعشرات الحكايات اللذيذة جدا.


 سؤال أخر :
 لماذا لا يزال تجار المخدرات يعيشون مع امهاتهم

 برغم أن تجارة المخدرات تدر أموالا طائلة كما نرى في الروايات و الأفلام الا أن الأموال لا توزع على الجميع بعدالة كما يحدث في شركتك تماما. نعم فهى تجارة رأسمالية أيضا.



 يأخذك الكاتب في جولة غريبة و مثيرة في عالم الجريمة و تجارة المخدرات مطبقا نظرياته العجيبة و احصائياته المثيرة ليدلل على أ�� صغار تجار المخدرات يتمنى أحدهم لو يعمل حارس أمن أو أي عمل أخر لو لم يطمع في الوصول لدور الزعيم و من ثم التنعم بالمزيد من الأموال حتى يقتل أو يقبض عليه.

 جزء أخر عن علاقة الإجهاض بالجريمة قد لا يكون مقنعا في عالمنا العربى ثم جزء أخير عن العنصرية التي لا تزال بصماتها واضحة و أثارها تنعكس على الواقع الأمريكي حتى الأن.

 الكتاب مفيد و جيد في معظم أجزائه و أرشحه للقراءة.
 economy
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 Justin
 33 reviews 19 followers
 July 18, 2007
 I guess some people don't like this book because it's not centered around one theme. Instead, it's more about the seemingly diffuse academic work of one of the authors Steven D. Levitt (the other author is a journalist, Stephen J. Dubner). Levitt is something of an economist but more like a social scientist using the tools of Microeconomics applied to other fields that happen to catch his interest (often having something to do with cheating, corruption, crime, etc.). In the back of the book he mentions how he considers himself a student of Thomas Schelling who is kind of like the father of Game Theory (strategy theory?), except much more of a 'man of ideas' than what one might think of when one thinks about game theory today, which is much more mathematical.

 Anyway, as for the book itself, I thought it was really great. I really like what Levitt is doing as far as using the tools of Microeconomics in other fields. One of my intellectual heroes (I only have a few) is Kenneth Waltz who did the exact same thing in the field of International Relations in the '70's and wrote the seminal book The Theory of International Politics , which pretty much the single-handedly invented defensive (neo) realism. More generally, I think Economics is probably the most formalized of the social sciences and the one to which others should esteem. A lot of the Political Science field concerned with both voter behavior and how legislatures work is now pretty formalized as well, and, I, for one, think this is a good thing. I don't see how anyone could think it's not (good) unless they a)think the scientific method cannot be used to analyze human behavior; or b)have a visceral aversion to mathematical languages. Actually, I am one of the latter, but I, at least, see the value in having a formalized language to work with.

 As for the book itself, there's some maybe-controversial things in there like Levitt did some work that showed that the legalization of abortion in the U.S. (Roe v. Wade) was one of the main reasons that crime in the U.S. dropped in the '90's and continues at the same rates today. He stands behind it pretty hardily though and it doesn't seem like he has a moral agenda at all. Some might argue that the best writers are those who are best able to disguise their moral agenda, but considering he writes about all kinds of not-very-serious things like how sumo wrestling in Japan is probably corrupt as far as matches g,o and there's stuff in there about how real estate agents sell their houses for more than they sell their customers' houses (which, may or may not be surprising), I really don't think he has a hidden pro-life agenda.

 Anyway, there's a bunch of stuff in there (the book), hence the 'freak' in Freakonomics. It's well-written. It's not dry. It's written for a lay audience. I recommend it. Read it and feel the power of social science! ;-)
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 Andrew Muckle
 12 reviews 6 followers
 April 1, 2011
 Jesus H Tittyfucking Christ on a bike! Could these two tossers be any more smarmy and self indulgent? Levitt and Dubner and probably the kind of smart arse nerds who snigger at you because you don't understand linux but sneer at you because you've actually spoken to a woman.

 This book is much like the Emperor's New Clothes, people are so scared about being left out if they don't like or understand it because some sandal wearing hippy in the Guardian said it's 'This year's Das Capital' or some such bollocks that they feel compelled to join some sort of unspoken club where they all jizz themselves silly over a book that effectively is 300+ pages of pure condescension.

 Only buy this book if a facist regime ever seizes control of your country and instigates a book burning policy.
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 ☘Misericordia☘ ⚡ϟ⚡⛈⚡☁ ❇️❤❣
 2,377 reviews 18.8k followers
 January 27, 2018
 Extremely enlightening! Worthy of 15 stars out of 5! This is a book about the world and not about any science in particular. It's about learning to question the given and see beyond the obvious. An extremely useful gift in the misguiding modern world.

 Yeah, populistic much too much but neverthless compulsively readable. A definite revisit and reread.

 Q:
 As Levitt sees it, economics is a science with excellent tools for gaining answers but a serious shortage of interesting questions. His particular gift is the ability to ask such questions. For instance: If drug dealers make so much money, why do they still live with their mothers? Which is more dangerous, a gun or a swimming pool? What really caused crime rates to plunge during the past decade? Do real-estate agents have their clients’ best interests at heart? Why do black parents give their children names that may hurt their career prospects? Do schoolteachers cheat to meet high-stakes testing standards? Is sumo wrestling corrupt?
 And how does a homeless man in tattered clothing afford $50 headphones?
 (c)
 Q:
 the modern world, despite a surfeit of obfuscation, complication, 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.
 (c)
 Q:
 “Experts”—from criminologists to real-estate agents-use their informational advantage to serve their own agenda. However, they can be beat at their own game. And in the face of the Internet, their informational advantage is shrinking every day-as evidenced by, among other things, the falling price of coffins and life-insurance premiums.
 Knowing what to measure and how to measure it makes a complicated world much less so. If you learn how to look at data in the right way, you can explain riddles that otherwise might have seemed impossible. Because there is nothing like the sheer power of numbers to scrub away layers of confusion and contradiction.
 So the aim of this book is to explore the hidden side of . . . everything. This may occasionally be a frustrating exercise. It may sometimes feel as if we are peering at the world through a straw or even staring into a funhouse mirror; but the idea is to look at many different scenarios and examine them in a way they have rarely been examined.
 ...
 Steven Levitt may not fully believe in himself, but he does believe in this: teachers and criminals and real-estate agents may lie, and politicians, and even CIA analysts. But numbers don’t.
 (c)
 Q:
 Levitt had an interview for the Society of Fellows, the venerable intellectual clubhouse at
 Harvard that pays young scholars to do their own work, for three years, with no commitments.
 Levitt felt he didn’t stand a chance. For starters, he didn’t consider himself an intellectual. He would
 be interviewed over dinner by the senior fellows, a collection of world-renowned philosophers,
 scientists, and historians. He worried he wouldn’t have enough conversation to last even the first
 course.
 Disquietingly, one of the senior fellows said to Levitt, “I’m having a hard time seeing the
 unifying theme of your work. Could you explain it?”
 Levitt was stymied. He had no idea what his unifying theme was, or if he even had one.
 Amartya Sen, the future Nobel-winning economist, jumped in and neatly summarized what he
 saw as Levitt’s theme.
 Yes, Levitt said eagerly, that’s my theme.
 Another fellow then offered another theme.
 You’re right, said Levitt, my theme.
 And so it went, like dogs tugging at a bone, until the philosopher Robert Nozick interrupted.
 “How old are you, Steve?” he asked.
 “Twenty-six.”
 Nozick turned to the other fellows: “He’s twenty-six years old. Why does he need to have a
 unifying theme? Maybe he’s going to be one of those people who’s so talented he doesn’t need one.
 He’ll take a question and he’ll just answer it, and it’ll be fine.”
 (c)
 Q:
 There are three basic flavors of incentive: economic, social, and moral. Very often a single incentive scheme will include all three varieties. Think about the anti-smoking campaign of recent years. The addition of a $3-per-pack “sin tax” is a strong economic incentive against buying cigarettes. The banning of cigarettes in restaurants and bars is a powerful social incentive. And when the U.S. government asserts that terrorists raise money by selling black-market cigarettes, that acts as a rather jarring moral incentive.
 Some of the most compelling incentives yet invented have been put in place to deter crime. Considering this fact, it might be worthwhile to take a familiar question—why is there so much crime in modern society?—and stand it on its head: why isn’t there a lot more crime? After all, every one of us regularly passes up opportunities to maim, steal, and defraud. The chance of going to jail—thereby losing your job, your house, and your freedom, all of which are essentially economic penalties—is certainly a strong incentive. But when it comes to crime, people also respond to moral incentives (they don’t want to do something they consider wrong) and social incentives (they don’t want to be seen by others as doing something wrong). For certain types of misbehavior, social incentives are terribly powerful. In an echo of Hester Prynne’s scarlet letter, many American cities now fight prostitution with a “shaming” offensive, posting pictures of convicted johns (and prostitutes) on websites or on local-access television. Which is a more horrifying deterrent: a $500 fine for soliciting a prostitute or the thought of your friends and family ogling you on www.HookersAndJohns.com .
 (с)
 Q:
 Some cheating leaves barely a shadow of evidence. In other cases, the evidence is massive.
 Consider what happened one spring evening at midnight in 1987: seven million American children
 suddenly disappeared. The worst kidnapping wave in history? Hardly. It was the night of April 15,
 and the Internal Revenue Service had just changed a rule. Instead of merely listing each dependent
 child, tax filers were now required to provide a Social Security number for each child. Suddenly,
 seven million children—children who had existed only as phantom exemptions on the previous
 year’s 1040 forms—vanished, representing about one in ten of all dependent children in the United
 States
 (c)
 Q:
 Of all the ideas that Kennedy had thought up—and would think up in the future—to fight bigotry, his Superman campaign was easily the cleverest and probably the most productive. It had the precise effect he hoped: turning the Klan’s secrecy against itself, converting precious knowledge
 into ammunition for mockery. Instead of roping in millions of members as it had just a generation
 earlier, the Klan lost momentum and began to founder. Although the Klan would never quite die,
 especially down South—David Duke, a smooth-talking Klan leader from Louisiana, mounted
 legitimate bids for the U.S. Senate and other offices—it was also never quite the same. In The Fiery Cross: The Ku Klux Klan in America, the historian Wyn Craig Wade calls Stetson Kennedy “the single most important factor in preventing a postwar revival of the Ku Klux Klan in the North.”
 This did not happen because Kennedy was courageous or resolute or unflappable, even though he was all of these. It happened because Kennedy understood the raw power of information. The Ku Klux Klan was a group whose power—much like that of politicians or real-estate agents or stockbrokers—was derived in large part from the fact that it hoarded information. Once that information falls into the wrong hands (or, depending on your point of view, the right hands), much of the group’s advantage disappears.
 (с)
 Q:
 Information is so powerful that the assumption of information, even if the information does not actually exist, can have a sobering effect.
 (c)
 Q:
 It is common for one party to a transaction to have better information than another party. In
 the parlance of economists, such a case is known as an information asymmetry. We accept as a
 verity of capitalism that someone (usually an expert) knows more than someone else (usually a
 consumer).
 (c)
 Q:
 If you were to assume that many experts use their information to your detriment, you’d be
 right. Experts depend on the fact that you don’t have the information they do. Or that you are so
 befuddled by the complexity of their operation that you wouldn’t know what to do with the
 information if you had it. Or that you are so in awe of their expertise that you wouldn’t dare
 challenge them. If your doctor suggests that you have angioplasty—even though some current
 research suggests that angioplasty often does little to prevent heart attacks—you aren’t likely to
 think that the doctor is using his informational advantage to make a few thousand dollars for
 himself or his buddy. But as David Hillis, an interventional cardiologist at the University of Texas
 Southwestern Medical Center in Dallas, explained to the New York Times, a doctor may have the
 same economic incentives as a car salesman or a funeral director or a mutual fund manager: “If
 you’re an invasive cardiologist and Joe Smith, the local internist, is sending you patients, and if you
 tell them they don’t need the procedure, pretty soon Joe Smith doesn’t send patients anymore.”
 (c)
 Q:
 Consider this true story, related by John Donohue, a law professor who in 2001 was teaching at Stanford University: “I was just about to buy a house on the Stanford campus,” he recalls, “and the seller’s agent kept telling me what a good deal I was getting because the market was about to zoom. As soon as I signed the purchase contract, he asked me if I would need an agent to sell my previous Stanford house. I told him that I would probably try to sell without an agent, and he replied, ‘John, that might work under normal conditions, but with the market tanking now, you really need the help of a broker.’”
 Within five minutes, a zooming market had tanked. Such are the marvels that can be conjured by an agent in search of the next deal.
 (c)
 Q:
 They were also a lot richer, taller, skinnier, and better-looking than average. That, at least, is what they wrote about themselves. More than 4 percent of the online daters claimed to earn more than $200,000 a year, whereas fewer than 1 percent of typical Internet users actually earn that much, suggesting that three of the four big earners were exaggerating. Male and female users typically reported that they are about an inch taller than the national average. As for weight, the men were in line with the national average, but the women typically said they weighed about twenty pounds less than the national average.
 Most impressively, fully 70 percent of the women claimed “above average” looks, including 24 percent claiming “very good looks.” The online men too were gorgeous: 67 percent called themselves “above average,” including 21 percent with “very good looks.” This leaves only about 30 percent of the users with “average” looks, including a paltry 1 percent with “less than average” looks—which suggests that the typical online dater is either a fabulist, a narcissist, or simply resistant to the meaning of “average.” (Or perhaps they are all just realists: as any real-estate agent knows, the typical house isn’t “charming” or “fantastic,” but unless you say it is, no one will even bother to take a look.) Twenty-eight percent of the women on the site said they were blond, a number far beyond the national average, which indicates a lot of dyeing, or lying, or both.
 Some users, meanwhile, were bracingly honest. Eight percent of the men—about 1 in every 12 conceded that they were married, with half of these 8 percent reporting that they were “happily married.” But the fact that they were honest doesn’t mean they were rash. Of the 258 “happily married” men in the sample, only 9 chose to post a picture of themselves. The reward of gaining a mistress was evidently outweighed by the risk of having your wife discover your personal ad.
 (c)
 Q:
 But if there is no unifying theme to Freakonomics, there is at least a common thread running through the everyday application of Freakonomics. It has to do with thinking sensibly about how people behave in the real world. All it requires is a novel way of looking, of discerning, of measuring. This isn’t necessarily a difficult task, nor does it require supersophisticated thinking. We have essentially tried to figure out what the typical gang member or sumo wrestler figured out on his own (although we had to do so in reverse).
 Will the ability to think such thoughts improve your life materially? Probably not. Perhaps you’ll put up a sturdy gate around your swimming pool or push your real-estate agent to work a little harder. But the net effect is likely to be more subtle than that.
 You might become more skeptical of the conventional wisdom; you may begin looking for hints as to how things aren’t quite what they seem; perhaps you will seek out some trove of data and sift through it, balancing your intelligence and your intuition to arrive at a glimmering new idea. Some of these ideas might make you uncomfortable, even unpopular. To claim that legalized abortion resulted in a massive drop in crime will inevitably lead to explosive moral reactions.
 (c)
 consulting educational knowledge
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 Sofia
 294 reviews 5,940 followers
 July 12, 2022
 I lost all faith in this book when it tried to teach you how to be a “perfect parent” and came to the conclusion that “it isn’t so much a matter of what you do as a parent; it’s who you are.” He claims that your socioeconomic status determines whether or not you will be a good parent. One of his biggest points in this chapter is that nothing a parent does (for example, taking their child to museums or reading books to their toddler) matters in the slightest. The only data he uses to draw this conclusion is a collection of test scores. Obviously a high test score does not equal a well-raised, happy child in a healthy family environment. And of course what you do as a parent matters. You can’t totally neglect your child and then claim you’re a perfect parent because of your socioeconomic status. You also cannot determine what makes a good parent based on children’s test scores alone.

 Also, can we talk about how self-congratulatory the author is? It makes the book such a chore to read when he includes things like how he is a demigod of economics or how much he dazzled journalists with his inventiveness and how he revolutionized the field.

 Freakonomics is disappointing.
 nonfiction
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 Lyn
 1,847 reviews 16.3k followers
 June 22, 2016
 Freakonomics explores the hidden side of everything.

 If morality describes the ideal world, then economics describes the actual world. Further, Freakonomics studies incentives and how different people in different professions respond.

 Some of the case studies include bagel salesmen, sumo wrestlers, public school teachers, crack cocaine dealers and parents. This is a smart, fun book; but it's not for everyone. Through a high nerd prospective, the authors deliver a slide rule and pocket protector observation of some controversial subjects.

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 Riku Sayuj
 653 reviews 6,926 followers
 July 9, 2016

 As the old joke goes, the questions in economics exams are the same every year; only the answers change.

 (re-reading in prep for the super-freaks)
 economics favorites media-hyped
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 J.L. Sutton
 651 reviews 826 followers
 November 5, 2019
 I enjoyed Steven Levitt and Stephen Dubner’s Freakonomics: A Rogue Economist Explores the Hidden Side of Everything; however, I’m not yet sure if it is simply entertaining or is in any way instructive. Levitt and Dubner explore a diverse range of subjects: from linking Roe v. Wade to violent crime, cheating by teachers and sumo wrestlers to an economic model of drug dealing.

 I’d like to think that the stories told by the authors and the way they analyze conventional thinking would put me on a path to look past easy answers. Having completed Freakonomics, do I look at the world radically differently than I did before picking up the book? It is Interesting to look at subjects from a different angle. Positing that economics and specifically the field of study now dubbed freakonomics has nothing to do with morality is an intriguing concept as well, but deciding which stories to tell is necessarily selective. Indeed, the focus is interesting. So yes I enjoyed Freakonomics, but feel I should have more to say about it and the authors’ underlying premises than I do. 3.25 stars
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 Jake
 174 reviews 2 followers
 July 9, 2008
 The Basics:

 Freakonomics isn’t really about any one thing, which makes it a bit hard to summarize. In essence, it’s economist Steven Levitt playing around with economic principles and basic statistical analysis to examine various cultural trends and phenomena. He tackles a variety of questions, from whether or not sumo wrestlers cheat (they do) to whether or not a child’s name determines his success (it doesn’t). He does this all through examining statistics and data, trying to find facts to back up various assertions rather than relying on conventional wisdom.

 The Good:

 As a person who is sick of the inability of most people to have a rational discourse on any even vaguely politicized topic, and a self-proclaimed skeptic, it’s nice to read anyone who endorses looking at hard data to make judgments about possibly controversial issues. Levitt does a nice job of not only proclaiming the advantages of this sort of rational outlook, but also of showing that when you actually examine the data, you sometimes get surprising results. Furthermore, he takes the time to point out that there is a difference between correlation and causation, and that many people mistake one for the other. Again, a nice touch.

 The actual questions that Levitt asks are all fairly interesting, though some will appeal to certain readers more than others. In addition to cheating sumotori and strange names, Levitt also examines cheating teachers, the economics of crack dealers, and the effect of abortion on crime. Crime, in point of fact, seems to be Levitt’s greatest interest, and I wonder if he might not have been better served by writing an entire book on the relationship between economics and crime, as opposed to trying to touch on a number of different subjects that are all largely unrelated. It might have made for a tighter, more focused book.

 The writing is solid; simple and easy, but solid. Despite being a book about economics, it’s not a terribly dense read, as witnessed by the fact that I finished it off in about two days. Granted, it was two days of heavy reading, but it was still two days.

 The Bad:

 For a book that’s so gung ho about statistics, there aren’t many statistics in here. Levitt claims that the numbers back up his research, but he rarely provides the data itself, which makes it difficult to tell how much he might be manipulating statistics to serve his own ends. It makes the book seem like it’s been dumbed down for the plebian masses, which will be very frustrating to any intelligent reader who wants to look at Levitt’s data themselves. Any reader who doesn’t feel like reading the numbers can do what most of us did in undergrad—skip the numbers sections. It’s just sloppy; I can’t imagine Levitt would do this in a formal economics paper.

 The book also lacks much in the way of an unifying theme, a problem that is acknowledged within the text itself; that isn’t only sad, it’s sloppy. I doubt that a writer of Dubner’s skill and an economist of Levitt’s apparent genius (more on that below) are totally incapable of thinking of and describing some kind of unifying theme throughout this work. It just smacks of laziness, even more so when there’s a half-hearted “well, I guess you could say it’s this…” sort of thing in the epilogue. Again, I have trouble imagining that Levitt would submit a paper that was this disjointed to a serious economic publication; why should the general public be treated less seriously?

 The Ugly:

 The self-aggrandizement. Oh, the self-aggrandizement.

 Every chapter is preceded by excerpts from an article about Levitt, which all tell us what a brilliant and unconventional economist this man is. In the introduction, we’re told that he really wasn’t that interested in writing a book, unless he got to work with this wonderful journalist who had written an article about him earlier. The cover promises that we will be “dazzled” by a “rogue economist” who explains “the hidden side of everything.”

 For all of this talk of brilliance and dazzling explanations, the book doesn’t seem that brilliant. It seems like a transcript of some interesting dinner conversation with a smart guy, the sort that makes you go home and think, “hey, this stuff is interesting, I ought to go pick up a book about it.” Of course, the problem here is that you’ve already picked up the book.

 The fact that Levitt wasn’t that interested in writing a book in the first place is telling; this book feels like something written by a person who needed to get the work done, but really wasn’t engaged in what he was doing. Maybe he should have waited until he was a little more motivated.
 anthropology psychology
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 Jennifer
 70 reviews 12 followers
 November 13, 2016
 Yeah, this isn't 'rogue economics'. This is sociology. It's not a new discipline. And this is really spurious sociology that wouldn't pass muster in academia, so Levitt published it for public consumption.
 cl sociology
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 Joe S
 42 reviews 103 followers
 December 29, 2007
 The most interesting part of this book was the introduction. Sad, but true.

 Four stars for presentation. The prose is nearly invisible, which I suppose in this genre is preferable to the alternative. And the content is mildly interesting, in a "Huh. Wouldja look at that" sort of way, as though you saw a duck waddling through your back yard with jam on its head.

 But insofar as it's meant to be the vehicle for a larger framework for viewing the world, this book is old news. You mean shit's connected in weird, roundabout ways? Get out. Conventional wisdom is often wrong ? Superficial analyses are lazy and innacurate? My head...is spinning.

 Read some good poetry, you hipster fucks.
 nonfiction
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 Cbzlqxw
 1 review 6 followers
 September 9, 2014
 Well,this is the most terrible book I have ever seen,it was too terrible to read.It’s so terrible that I just want to burn it as fast as I can,and it cost me 58RMB.That was 58RMB,it was to expensive for me to afford.At first.I thought it was a good book,and I spend all my money on this book.And I was pretty annoyed about this I don’t have any other money for my breakfast,lunch,and even dinner.I haven’t drink juice for the whole year.Reading this is a waste of time,no one want to see this book again.It was just rubbish,and smelly book.It tells my nothing.I even want to sell this to the writer,and ask to return my money and some extra.It cost me too much time,and too much money on it.I prefer to see a movie instead!!!
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 Ahmad Sharabiani
 9,568 reviews 55.6k followers
 August 28, 2019
 Freakonomics: A Rogue Economist Explores the Hidden Side of Everything (Freakonomics), Steven D. Levitt, Stephen J. Dubner
 Freakonomics: A Rogue Economist Explores the Hidden Side of Everything is the debut non-fiction book by University of Chicago economist Steven Levitt and New York Times journalist Stephen J. Dubner. It was published on April 12, 2005, by William Morrow. The book has been described as melding pop culture with economics. By late 2009, the book had sold over 4 million copies worldwide.
 The book is a collection of articles written by Levitt, an expert who had gained a reputation for applying economic theory to diverse subjects not usually covered by "traditional" economists. In Freakonomics, Levitt and Dubner argue that economics is, at root, the study of incentives. The book's chapters cover:
 Chapter 1: Discovering cheating as applied to teachers and sumo wrestlers, as well as a typical Washington, D.C.–area bagel business and its customers
 Chapter 2: Information control as applied to the Ku Klux Klan and real-estate agents
 Chapter 3: The economics of drug dealing, including the surprisingly low earnings and abject working conditions of crack cocaine dealers
 Chapter 4: The role legalized abortion has played in reducing crime, contrasted with the policies and downfall of Romanian dictator Nicolae Ceauşescu (Levitt explored this topic in an earlier paper entitled "The Impact of Legalized Abortion on Crime," written with John Donohue.)
 Chapter 5: The negligible effects of good parenting on education
 Chapter 6: The socioeconomic patterns of naming children (nominative determinism)
 تاریخ نخستین خوانش: روز بیست و هفتم ماه آگوست سال 2008 میلادی
 عنوان: اقتصاد ناهنجاری‌های پنهان اجتماعی؛ نویسنده: استیون لویت، استپان‌ دابنر؛ مترجم: سعید مشیری؛ تهران: نشر نی‏‫، 1386؛ در 269 ص؛ شابک: 9789643129507؛ چاپ دوم 1392؛ موضوع: اقتصاد از نویسندگان امریکایی - جنبه های روانشناسی - سده 21 م
 عنوان: اقتصاد، علم انگیزه‌ها؛ نویسنده: استیون دی‌. لویت؛ مترجم: امیرحسین توکلی؛ تهران: سبزان‏‫، 1385؛ در 197 ص؛ شابک: 9789648249674؛ عنوان روی جلد: اقتصاد علم انگیزه‌ها: مهارت‌های لازم برای کشف ابعاد پنهان پدیده‌ها؛
 ‬کتاب «فریکونومیکس» در باره ی اقتصاد، از اقتصاددان دانشگاه شیکاگو «استیون لویت» است، که نخستین بار در روز دوازدهم ماه آوریل سال 2005 میلادی منتشر شد. این کتاب تا پایان سال 2009 میلادی، بیش از چهار میلیون نسخه فروش داشته است. کتاب با عنوان «اقتصاد ناهنجاری‌های اجتماعی» توسط نشر نی و با ترجمه ی جناب «سعید مشیری»، و با عنوان: «اقتصاد، علم انگیزه‌ها»؛ با ترجمه ی جناب «امیرحسین توکلی»، منتشر شده است. کتاب چندین فصل دارد: درباره حقه زدن در شغل‌هایی مانند معلمی و کشتی‌گیران سومو؛ شباهت‌های کوکلوس‌کلان‌ و افراد معاملات ملکی؛ سیستم اقتصادی کارتل‌های مواد مخدر؛ تاثیر قانونی‌سازی سقط جنین در کاهش جرایم چندین سال بعد؛ نقش بسیار کم تربیت خوب کودکان توسط والدین در بهتر شدن آموزش و پرورششان؛ و الگوهای نامگذاری کودکان در یک جامعه. ا. شربیانی
 21th-century business economic
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 Amit Mishra
 231 reviews 667 followers
 May 28, 2019
 The book is totally different than ordinary books on this topic. It will bring out those facts that we don't want to eve look or discuss. It has provided many examples with those are unbelievable. It has used to comapre sumo wrestlers and school teachers. IT goona freak you all the time.
 May the style of the wrtitng book is different but he delivers the information that is valuable to all. It will change the way you think about the modern world.
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 Elise
 52 reviews 4 followers
 September 14, 2007
 Levitt makes the lofty claim that economics is not swayed by moral sensibilities - it's a pure numbers game of course! However, not knowing much about him beyond his affiliation with the University of Chicago and what was written in the book, I can surmise that he is conservative, or at least what today would be inappropriately labeled "moderate." Is this a bad thing? Not necessarily...or at least I don't view it that way. Does it affect his conclusions? Absolutely. Levitt assumes his assertion that Roe v. Wade is responsible for the drop in crime experienced in the 1990s is the most controversial in the book, but I was not bothered by that conclusion at all. What did raise my ire a bit was his statement that "Minorities commit more crimes." Perhaps the pure numbers seem to show so, but upon closer examination and more careful thought, one might conclude that minorities are simply arrested and convicted more often. In many cases, Levitt does delve into the deeper "behind the scenes" reasons for why things happen, but in this glaring example, he delves no further than to admit that poverty might have a link to crime commission, and with more minorities in poverty more of them commit crimes. Might it also have a link to crime conviction? The white suburban kid who can afford a long and arduous defense, or whose father knows someone who can get the kid out of a jam, has a much better chance of having his case dismissed than a poor minority kid assigned a public defender (not to say that public defenders don't do good work - in fact many of them are some of the most amazing lawyers out there). Suffice to say the system is stacked against people in poverty and minorities, and Levitt fails to fully acknowledge this in his discussion of what causes and helps prevent crime. I wasn't so much angry as I was disappointed. When one of the brightest minds in our country can't see beyond his own prejudices, where is the hope for the rest of us? Levitt might be a genius, but he is woefully culturally incompetent.
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 Aileen
 51 reviews 10 followers
 September 15, 2007
 I am indebted to airport bookstores. And I am thus indebted to such an extent, that I can confess to arriving early for any flight departing from an airport with a bookstore for the sole purpose of securing a few additional minutes to browse books. If it were not for the practicalities of travelling, I would probably have bought this book much sooner than I did for I had been securing extra minutes in airport bookstores just to read through another chapter long before I actually bought it.

 You see, my travels are laden with a heavy debate: shall I pack my extra suitcase with books or groceries? I resolve this by alternating. For one trip to the Outside, a spare duffel bag will be dedicated to books and I will shun all opportunities to visit grocery stores just to preserve that determination. On the next visit, I will carry a spare cooler (rather than duffel bag) and splurge on leg of lamb and cheeses free of artificial coloring. The ultimate effect of this system, however, is a backlog in possessing the books I'd like to read.

 Finally, however, the fates aligned. I was travelling to Iowa on what I expected to be a gloriously grocery-focused trip. But my cooler broke as I was carrying it to the truck that we would drive to our local airport. There wasn't time to fix it. I was sad, of course, as I had been anticipating all the pork I was going to return with from Iowa. But I consoled myself with all those Iowa cookbooks I could now carry, and resolved not to prolong any lamentations over the cooler. And, oh, did I find myself lugging around a heavy library - such hours did I spend in Powells (there was a 1 week layover in Oregon) and Iowa City's bookstores. The day before we left Iowa, Nate told me about how much he enjoyed this book. His description renewed my interest, and I committed myself to buying a copy before we left. But, alas, we ran out of time. We didn't make it to a bookstore. It was sadder than the last-minute loss of the cooler. So when we arrived in Chicago, and had a few minutes to wait for the connecting flight to Alaska, and our gate was right next to a book kiosk, and I was pretty sure there was just enough room in my carry-on to squeeze in one more book - it was this book that I grabbed.

 I raced through it. Loving each chapter. I really can't recommend it enough. A fun read, for those who like to be entertained by books. Informative too, for those that like to read for knowledge, thought, and/or discourse. But what elevates it to favorite is that it alters perception and challenges assumptions. For what it's worth, I have no regrets that I carried this book rather than Iowa pork.....and I can think of no finer testament to a good book. Then again, most of my entertainment these days revolves around pickling turnips. So if turnips aren't your thing, feel free to take my recommendation with a grain of salt....but you should still read this book.
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 Cwn_annwn_13
 468 reviews 67 followers
 May 8, 2010
 I assumed Freakonomics would be a book that used statistics to debunk various societal hysterias and fearmongering in a semi-humorous way. I quickly realized what I was in for when early in the book when the authors gave their background as Harvard Jews and profiled a guy that infiltrated the KKK for the ADL. The story sounds at least partially made up.

 It then jumped into predictable white guilt inducing trash and goes into mental contortions using "data" and sociological explanations for black criminality and low IQ scores. The writers of this book are also obsessively pro-Abortion. The only surprise was they used statistics to show you are much more likely to die from an automobile or a swimming pool than a gun. This book would probably appeal to upper middle class liberals who like to consider themselves clever and politically astute from their isolated armchairs. For me Freakonomics was a big load of garbage.
 35 likes
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 Alena
 6 reviews 53 followers
 March 24, 2015
 Everything I hate about popular science - alternating between over-simplified, patronising, naive or simply annoying, but worst of all, blatantly refusing to take account of the political and social implications of its findings, and being proud of it.
 33 likes
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 Rowena
 500 reviews 2,410 followers
 July 29, 2013
 I found this book to be really fascinating. Chapter 3- Why do drug dealers still live with their moms, was very illuminating. I like the questions they posed and the connections they came up with. I was quite surprised about the American school system, especially the fact that teachers often used cheating methods to make sure their students scored well in standardized tests.The section about how given names may influence one's future was quite gloomy in some ways, especially as there's evidence that we are judged based on our names, not on our abilities. All in all, a lot of great information.
 non-fiction sociology
 30 likes
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 Trevor
 1,279 reviews 21.3k followers
 March 20, 2008
 This is a very American book. Not just because all of the examples in it are set in the US, but also the hype about it is terribly American too. It has the tone of self congratulation that has sold a million self-help books. Which is a pity, as what it has to say is terribly interesting and amusing.

 The stuff at the end about how the name you are born with affects your life is very interesting. Also the idea, that is clearly true, but I'd never thought of it before, that people give their daughters crazier names than their sons.

 The point of this book is to say that sometimes there are very interesting correlations between things that seem quite disparate. The big one (and I haven't checked, but I assume this one didn't go down terribly well with the religious right in America) was the idea that the drop in violent crime in the US was due to the drop in violent criminals and this was due to there being less people brought up in abject poverty which is due to people being able to have access to abortion and not bringing unwanted children into the world.

 The comparisons between drug dealers and McDonalds as a corporate structure is now received wisdom - Obama quotes this in his book.

 Overall this is a great little read and quite fun - but really, I can't think of a single book that was improved by self-congratulation.
 behavioural-economics economics
 29 likes
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 Maziyar Yf
 453 reviews 204 followers
 June 7, 2021
 کتاب اقتصاد ناهنجاری های پنهان اجتماعی نوشته استیون لویت به بیان خود نویسنده کتابی ایست که موضوع واحدی ندارد ، و اثر و اصولا ادعایی هم در بهبود کیفیت زندگی مادی انسان ندارد ، اساس کتاب او بر مبنای شک است .
 آنچه نویسنده به دنبال آن بوده است پیدا کردن رشته ای مشترک در کاربردهای امور روزمره است ، این که مردم در دنیای واقعی چگونه رفتار می کنند ، مساله ای مهم که آقای لویت تلاش کرده با تلفیقی از علم اقتصاد ، آمار ، جامعه شناسی و رفتار شناسی به آن پی ببرد .
 هدف نویسنده در زیر سوال بردن عقل متعارف است ، پرسیدن سوال های بسیار تا هر فرد برای هر موضوعی با تکیه بر هوش و شناخت خود به ایده یا راه حلی برای آن برسد .
 اگرچه بیشتر موضوعاتی که استیون لویت به آن ها پرداخته اصل و ریشه غربی دارد و برای مردم در جوامع شرق ممکن است کمی عجیب به نظر برسد اما کتاب در مجموع در تلاش برای نگریستن متفاوت و خارج از عقل متعارف برای خواننده فارغ از هر جامعه یا ملیتی ، نسبتا موفق بوده است .
 28 likes
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 Natalie (CuriousReader)
 500 reviews 443 followers
 December 22, 2014
 The "experts are evil, have agendas, will trick you" talk got old real fast, especially when points are later being backed up with experts research. There's not enough discussion on the data itself, no distinction between quantitative and qualitative, and not enough discussion on the many flaws of data and how we analyze it. Pretty interesting how much he dislikes criminologists but then (if I remember correctly), only mentions the same one or two names over and over when giving examples of criminologists that had agendas/tricked the public. Also the fact that the entire book, and the issues, feels very simplified. Actually the author puts it best himself:
 "The typical parenting expert, like experts in other fields, is prone to sound exceedingly sure of himself. An expert doesn’t so much argue the various sides of an issue, as plant his flag firmly on one side. That’s because an expert who’s argument reeks of restraint or nuance often doesn’t get much attention. An expert must be bold if he hopes to alchemise (?) his homespun theory into conventional wisdom."
 This is often how I perceived the book to be written, very simplified, without enough nuance or room for possible explanations - only one right answer. I didn't like how the book was written, how the topics where dealt with, and had a hard time taking anything seriously after all of the self-admiration and the repeated "all experts have agendas (except for us)" talk in every chapter.
 27 likes
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 Michael
 415 reviews 5 followers
 July 23, 2015
 Verbose, repetitive, contradictory: a book of 200-pages that could be condensed to 3-5 pages.

 Titles that vary from scintillating to insulting, yet are followed by a chapter that doesn't support the title bar.

 Anecdotal stories, mistaken for data or hypothesis. Interpretations and hypotheses are drawn from data that could still be interpreted in multiple ways.

 The book claims that it will link the unexpected, but frankly, links the obvious, with many "well duh" moments.

 Needless generations of lists that help bulk out the book, but provide little further benefit for study.

 Each chapter begins with unnecessary aggrandisement of the author for the statistician, that jars the flow of the book.

 Overall, a good demonstration of why "social sciences" are in no way close to being "science", and instead should be termed social philosophy.
 27 likes
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 Nandakishore Mridula
 1,238 reviews 2,206 followers
 April 12, 2020
 I once read somewhere that statistics can be used to prove anything. This book is evidence for the same.

 Steven D. Levitt, a "rogue" economist by his own admission, and who confesses that he is terrible at traditional economics, uses the methods of statistical analysis to look at the unexplored relations between things in society - like the resemblance between Japanese sumo wrestlers and American schoolteachers, why real-estate agents are similar to the Ku Klux Klan, whether parenting has any effect on how a child turns out... etc, etc. By the confession of the authors themselves, the book has no central theme - it just explores the "hidden side of everything". Levitt and Dubner say that economics has the tools to provide the right answers, but only a very few people ask the right questions.

 Some of his findings do have credibility (like that of schoolteachers and sumo wrestlers cheating to advance their careers, though I did not find anything earthshaking in those); some seem to be refreshing new perspectives (the similarity between the drug mafia and corporate houses, for example); some seem trite to the point of silliness (like the Ku Klux Klan and real-estate agents being undone through the availability of information); and some seem to have some substance, but require further study of all parameters (how the station in life and the behaviour of parents affect the children). However, One finding, which is lauded by most reviewers of the book as startling, I found I could take with only a very large lump of salt: that the reduction in crime in the USA in the 1990's is due to the legalisation of abortions in 1973. The authors assume that crime is committed by unwanted children whom their mothers could not get rid of, and once they were allowed to, problem was solved! This, while at the same time arguing gun control is not having much effect either way while increase in police force and punishment is a deterrent, seems to me peddling to the right liberal narrative - at the same time totally ignoring the socioeconomic factors behind crime.

 As far as I am concerned, any kind of simplistic conclusions drawn from statistical data is suspect. Let me make this clear with an example close to my heart.

 In India, the state of Kerala in the south (from where I hail) tops in almost all Human Development Indices (HDI) such as health, education etc. However, the state also has the highest morbidity levels. What does this mean? Whether higher levels of general health leads to higher incidence of life-style diseases, or simply that since the healthcare and education are good, more people see doctors? Similarly, Kerala is fourth in India on the basis of reported crime. Does this mean that a higher level of education increases criminal tendencies, or that with a more aware population, more crimes get reported? Heated arguments take place on these questions regularly with no clear conclusions - because there are too many factors to make clear inferences.

 So does that mean Levitt and Dubner are talking through their hat, and are best ignored? No, in my opinion. This book is worth reading, if only for the unusual perspective. Also, it prompts us to think beyond the glib statistics the "experts" spout to intimidate the poor layperson, and see for ourselves.
 26 likes
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 Baba
 3,504 reviews 736 followers
 September 22, 2020
 Levitt and Dubner's ground breaking look at the world through the eyes of collated data that tells a story in itself, like their shocking discovery of what caused a huge drop in crime in America in the 1990s. Reading this a decade on I still find this so absorbing and interesting which is just as much as a result of their writing style as their great content.
 [image error]
 Just remember assume nothing... question everything! 8 out of 12.
 non-fiction
 25 likes
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 Feli
 82 reviews 40 followers
 July 15, 2021
 4,5/5 ⭐

 “The conventional wisdom is often wrong.”

 As an economics student, this really helped me to open my mind to learn how to analyse everyday situations from a economic point of view. And it also showed me a new branch of economics that has become my favourite.

 If you want to learn the basics on economics, this book is for you. Some people might find it a little bit basic, but I think it should be taken as an introduction to the topic. More than teaching you how economics work, which is no easy task, I believe its purpose is to try and show how for every situation you can find an economic assumption to back it up.

 What should be also taken into account when reading this book is that to prove most of his theories Levitt relies on statistics, which are part of economics as a science but not pure economics itself. Basically, do not expect to become an expert on the subject after reading it.

 Anyways, I found the book pretty entertaining and well written. Highly recommend it.
 2020 non-fiction
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February 24, 2008   This was an interesting book. I say it was interesting because I started liking it (a lot) when I first read it, as time passed I liked it less and less. In that way I call it a candy book, tastes good at first but leaves you worse off for reading it. In my opinion, there are two problems with the book: First, Stephen Dubner comes across as a sycophant. Way to much of the book is spent praising Levitt. Secondly, I was disappointed in the lack of detail provided about Livitt's hypothesis. I wanted more. It was like reading War and Peace and discovering that you read the abridged version and in fact the book wasn't 100 pages long. This disappointment may have come from my engineering background and my strong desire to really understand economics. This book didn't offer any of that, only a titillating glimpse of the economics.  In some regards one may think my single start rating is to harsh. As mind candy this book was quite good. I did enjoy reading it at the time. Whats more, it did encourage me to study real economics. I am currently enrolled in a masters program in economics and this book did play a very small roll in that decision process. However, as I learn more about economics I realize how shallow the book in fact was.  While this is not the forum for a comprehensive review of the topics presented in the book, or an analysis of how good the economics in Freekanomics are, a review in "Journal of Economic Literature (Vol XLV, Dec. 2007 pp 973)" quotes Livitt as saying: "There is no question I have written some ridiculous papers." The article then goes on to quote a paper by Noam Scheibler(2007) describing Livitt's comparing some of his papers to the fashion industry. "Sometimes you write papers and they're less about the actual result, more about your vision of how you think the profession should be. And so I think some of my most ridiculous papers actually fall in the high-fashion category."     candy economics               Author  28 books13.4k followers     June 26, 2022   I loved this book, though I think the title is a bit misleading. It's not really about economics. In fact, he's showing you what interesting things you can discover when you apply statistical analysis to problems where you wouldn't normally think of using it. I use statistical methods a fair amount in my own work, so I found it particularly interesting. The most startling and thought-provoking example is definitely the unexpected reduction in US urban crime that occurred towards the end of the 20th century. Crime rates had been rising for decades, and people were really worried about what would happen if the trend continued. Then, suddenly, they peaked and started to decline. Why? There were a bunch of theories, all of them superficially plausible.Levitt crunched the numbers, to see what proportion of the variance could be ascribed to the different factors. This is a completely standard technique; it just hadn't been used here before. He came to the conclusion that the single most important factor, by far, was the ready availability of abortion that started to come in after Roe v Wade. Other things, like more resources for policing and tougher sentencing policies, probably helped, but not nearly as much. I didn't at all get the impression that he had been expecting this result from the start, and just wanted to prove his point. He processed the data, and went where the numbers led him. That's how you're supposed to do science. The clincher, at least as far as I was concerned, was the fact that crime statistics peaked at different points in different states, the peaks correlating very well with the dates when each state started making abortion available. States that brought it in early had correspondingly early peaks in their crime rates. It's hard to see how that could happen if Levitt's explanation weren't correct. I am surprised that there hasn't been more discussion of Levitt's findings in the political world. Maybe it's just regarded as too hot to handle. But if Levitt is right, and at the moment I would say it's up to his critics to explain why he isn't, then pro-life campaigners would seem be heading in a very unfortunate direction._________________________ [Update, Jun 26 2022]  In view of the Supreme Court's recent ruling, I wonder which Republican-led states have started planning for the increased levels of crime that are to be expected fifteen to twenty years from now, and which ones have decided it won't be necessary. In the second case, it would be interesting to know why not. A couple of suggestions to get the ball rolling: a) this is liberal science and can be discounted as political messaging, b) the Rapture will occur first.     japanese science well-i-think-its-funny               54 reviews40 followers     July 9, 2007   Sure, this book was a compelling read that offered us all some great amo for cocktail party conversation. But ultimately I think most of what Leavitt claims is crap. He dodges accoutability with the disclaimer about his book NOT being a scholarly work, but then goes on to drop statistics, theories and expert opinions. These assertions laid, he doesn't provide readers with enough information to critically examine his perspectives. Ultimately I have a problem with the unquestioned, unaccoutable role of the public intellectual. Leavitt dances around with his PhD on his sleeve, but is never subject to peer review or any sort of academic criticism. I think it's irresponsible.      non-fiction               1,921 reviews290k followers     March 20, 2016   I won't deny that this is a very interesting, compelling and thought-provoking book. Even for someone like me whose general response to economics is *snore*. And it's mainly because Freakonomics is not really about economics, but involves applying statistical analysis to many social issues and questions. Very easy to read. Lots of shocking discoveries that seem weighted in fact - Roe v. Wade is responsible for a huge drop in crime? No wonder some people are pissed off with this book. It's really quite fascinating to look at the power of incentives - economic, social and moral - and examine cause and effect.  One of my favourite personal experiences with silly notions of cause and effect is diet soft drinks. I confess to being a bit of a coke zero addict. It's not great for you (the sodium makes you more thirsty, a lot of potassium can lead to palpitations, and a lot of phosphoric acid has been linked to kidney problems) but I've lost count of how many times people have cited statistics showing that diet soda drinkers are more likely to be overweight and diabetic. Of course they are! If you're overweight and diabetic you're more likely to drink the low-calorie, sugar-free alternatives, aren't you? So strange how people assume it is A that causes B and ignore the possibility of it being the opposite. Anyway, my issue with this entertaining book is that I think it may be - to be frank - bullshit. Not all of it, sure. But definitely some of it. The writers state their points very confidently (some might say with a touch too much smarm) but it requires you to take a lot of what they say on faith. And some of the jumps they make between statistics and conclusion don't quite add up for me. I know many others have felt the same. But here was the thing that really got me, the thing that made me smell bullshit: I'm fairly confident something they said is not rooted in any truth. And let's be clear: I am a total noob when it comes to most statistics and economics, so if even I can spot something a bit off, it really makes me question the rest of it. Here it is: 
 Women's rights advocates, for instance, have hyped the incidence of sexual assault, claiming that one in three American women will in her lifetime be a victim of rape or attempted rape. (The actual figure is more like one in eight - but the advocates know it would take a callous person to publicly dispute their claims.)
 This, if true, implies two things. 1) Those advocating women's rights are using false data, therefore undermining their credibility, and 2) They have invented a statistic to intentionally support their cause, knowing no one will dispute it (absolutely bizarre that the author thinks no one is disputing women's rights claims, but okay...)Well, being a feminist and someone who has spent an awful lot of time reading and writing about women's rights organizations and statistics, my eyes narrowed a little. See, in all my research, I've never seen or heard any claim that "1 in 3 women will be a victim of rape or attempted rape". I have heard the "1 in 3" statistic, but a somewhat different one. So, obviously, I went to look it up. I spent a couple of hours going through Google and every women's rights organization page I could find, trying to uncover a single case where that statistic was used. I found exactly: none. The only other thing I found that mentioned it was a Time article attempting to debunk so-called "feminist myths": http://time.com/3222543/5-feminist-my...  The statistic the authors appear to have misquoted is that "1 in 3 women will experience sexual violence, or physical violence by an intimate partner", which is used often. Sexual violence here is an ambiguous term, leaving room for wider interpretations and probably explaining why, with the addition of domestic violence into the statistic, the number is at "1 in 3" instead of "1 in 8".  Furthermore, not only have the authors misrepresented the statistical claim itself, but they have also suggested that women's rights advocates have pulled the numbers from thin air to make a point - on the contrary, this is a study conducted by the World Health Organization on the "Global and regional estimates of violence against women". I like the idea of the book, but this really put me off. Perhaps it was a one-off error that I managed to spot. Perhaps. Either way, I started to be less impressed by the facts and statistics they presented. Still, very enjoyable book for the most part.     2016 nonfiction               1,388 reviews2,743 followers     October 25, 2022     مبدئيا هناك خدعة في عنوان الكتابفالكتاب ليس في الاقتصاد و لكن في علم الاجتماع و لأن المؤلف رجل إقتصاد و لأن الاقتصاد هو أحد فروع علم االإجتماع فقد استخدم ما تعلمه في تحليل بعض الظواهر الاجتماعية بأدوات إقتصادية. مجموعة من المواضيع بعضها شيق جدا و بعضها ممل أو مغرق في المحلية لدرجة لا تجعلنا نتفاعل معه.  ما هي الأشياء المشتركة بين معلمى المدارس و مصارعى السومو يبدو سؤالا ساذجا و لكن الإجابة سهلة.هي أسئلة من نوعية ما وجه الشبه بين البطيخ و الموز و تأتى الإجابة بأن كل منهما لا يصلح كعصير برتقال.إجابة السؤال اللوذعى هنا هي أن معلمى المدارس و مصارعى السومو كل منهما يغش في النتائج و ليس هذا هو المقصود بل المقصود هو أنه يمكن كشف هذا الغش بنفس الطريقة و هي طريقة حسابية إحصائية طورها المؤلف و طبقها على أمثلة بالكتاب.     من الحكايات الطريفة حكاية عن موظف كان يحضر معه خبز الإفطار و بعض الجبن ليفطر هو و زملاء العمل كل يوم و تطور الموضوع حتى صار يحضر معه الإفطار لكل الشركة ثم استقال و أصبح المسئول عن توريد الخبز لبعض كبرى الشركات حتى أنه كان يوزع حوالى ثمانية آلاف رغيف يوميا.سؤال أخر لوذعى:  كيف تتشابه جمعية الكوكلوس كلان مع الوسطاء العقاريين و لمن يعرف فإن جماعة الكوكلوس كلان هي جماعة إرهابية أمريكية نشأت بعد الإتحاد مباشرة و نشطت ضد الأقليات الإسبانية و السود و الكاثوليك و أي شخص غير أبيض أوروبى الأصل بروتستانتى محافظ و يحكى الكاتب عنها حكايات شيقة جدا جديرة بالقراءة.المهم أن وجه الشبه بينهم و بين الوسطاء العقاريين هو استثمار الخوف لدى الخصم و استخدام معلومات لا تملكها لإجبارك على اتخاذ رد فعل في مصلحتهم و يدلل الكاتب على ذلك بعشرات الحكايات اللذيذة جدا.    سؤال أخر :   لماذا لا يزال تجار المخدرات يعيشون مع امهاتهم 
برغم أن تجارة المخدرات تدر أموالا طائلة كما نرى في الروايات و الأفلام الا أن الأموال لا توزع على الجميع بعدالة كما يحدث في شركتك تماما. نعم فهى تجارة رأسمالية أيضا.    يأخذك الكاتب في جولة غريبة و مثيرة في عالم الجريمة و تجارة المخدرات مطبقا نظرياته العجيبة و احصائياته المثيرة ليدلل على أ�� صغار تجار المخدرات يتمنى أحدهم لو يعمل حارس أمن أو أي عمل أخر لو لم يطمع في الوصول لدور الزعيم و من ثم التنعم بالمزيد من الأموال حتى يقتل أو يقبض عليه. جزء أخر عن علاقة الإجهاض بالجريمة قد لا يكون مقنعا في عالمنا العربى ثم جزء أخير عن العنصرية التي لا تزال بصماتها واضحة و أثارها تنعكس على الواقع الأمريكي حتى الأن. الكتاب مفيد و جيد في معظم أجزائه و أرشحه للقراءة.      economy               33 reviews19 followers     July 18, 2007   I guess some people don't like this book because it's not centered around one theme. Instead, it's more about the seemingly diffuse academic work of one of the authors Steven D. Levitt (the other author is a journalist, Stephen J. Dubner). Levitt is something of an economist but more like a social scientist using the tools of Microeconomics applied to other fields that happen to catch his interest (often having something to do with cheating, corruption, crime, etc.). In the back of the book he mentions how he considers himself a student of Thomas Schelling who is kind of like the father of Game Theory (strategy theory?), except much more of a 'man of ideas' than what one might think of when one thinks about game theory today, which is much more mathematical. Anyway, as for the book itself, I thought it was really great. I really like what Levitt is doing as far as using the tools of Microeconomics in other fields. One of my intellectual heroes (I only have a few) is Kenneth Waltz who did the exact same thing in the field of International Relations in the '70's and wrote the seminal book The Theory of International Politics, which pretty much the single-handedly invented defensive (neo) realism. More generally, I think Economics is probably the most formalized of the social sciences and the one to which others should esteem. A lot of the Political Science field concerned with both voter behavior and how legislatures work is now pretty formalized as well, and, I, for one, think this is a good thing. I don't see how anyone could think it's not (good) unless they a)think the scientific method cannot be used to analyze human behavior; or b)have a visceral aversion to mathematical languages. Actually, I am one of the latter, but I, at least, see the value in having a formalized language to work with. As for the book itself, there's some maybe-controversial things in there like Levitt did some work that showed that the legalization of abortion in the U.S. (Roe v. Wade) was one of the main reasons that crime in the U.S. dropped in the '90's and continues at the same rates today. He stands behind it pretty hardily though and it doesn't seem like he has a moral agenda at all. Some might argue that the best writers are those who are best able to disguise their moral agenda, but considering he writes about all kinds of not-very-serious things like how sumo wrestling in Japan is probably corrupt as far as matches g,o and there's stuff in there about how real estate agents sell their houses for more than they sell their customers' houses (which, may or may not be surprising), I really don't think he has a hidden pro-life agenda.  Anyway, there's a bunch of stuff in there (the book), hence the 'freak' in Freakonomics. It's well-written. It's not dry. It's written for a lay audience. I recommend it. Read it and feel the power of social science! ;-)                   12 reviews6 followers     April 1, 2011   Jesus H Tittyfucking Christ on a bike! Could these two tossers be any more smarmy and self indulgent? Levitt and Dubner and probably the kind of smart arse nerds who snigger at you because you don't understand linux but sneer at you because you've actually spoken to a woman. This book is much like the Emperor's New Clothes, people are so scared about being left out if they don't like or understand it because some sandal wearing hippy in the Guardian said it's 'This year's Das Capital' or some such bollocks that they feel compelled to join some sort of unspoken club where they all jizz themselves silly over a book that effectively is 300+ pages of pure condescension. Only buy this book if a facist regime ever seizes control of your country and instigates a book burning policy.                   2,377 reviews18.8k followers     January 27, 2018   Extremely enlightening! Worthy of 15 stars out of 5! This is a book about the world and not about any science in particular. It's about learning to question the given and see beyond the obvious. An extremely useful gift in the misguiding modern world.Yeah, populistic much too much but neverthless compulsively readable. A definite revisit and reread. Q:As Levitt sees it, economics is a science with excellent tools for gaining answers but a serious shortage of interesting questions. His particular gift is the ability to ask such questions. For instance: If drug dealers make so much money, why do they still live with their mothers? Which is more dangerous, a gun or a swimming pool? What really caused crime rates to plunge during the past decade? Do real-estate agents have their clients’ best interests at heart? Why do black parents give their children names that may hurt their career prospects? Do schoolteachers cheat to meet high-stakes testing standards? Is sumo wrestling corrupt?And how does a homeless man in tattered clothing afford $50 headphones?(c)Q:the modern world, despite a surfeit of obfuscation, complication, 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.(c)Q:“Experts”—from criminologists to real-estate agents-use their informational advantage to serve their own agenda. However, they can be beat at their own game. And in the face of the Internet, their informational advantage is shrinking every day-as evidenced by, among other things, the falling price of coffins and life-insurance premiums.Knowing what to measure and how to measure it makes a complicated world much less so. If you learn how to look at data in the right way, you can explain riddles that otherwise might have seemed impossible. Because there is nothing like the sheer power of numbers to scrub away layers of confusion and contradiction.So the aim of this book is to explore the hidden side of . . . everything. This may occasionally be a frustrating exercise. It may sometimes feel as if we are peering at the world through a straw or even staring into a funhouse mirror; but the idea is to look at many different scenarios and examine them in a way they have rarely been examined....Steven Levitt may not fully believe in himself, but he does believe in this: teachers and criminals and real-estate agents may lie, and politicians, and even CIA analysts. But numbers don’t.(c)Q:Levitt had an interview for the Society of Fellows, the venerable intellectual clubhouse atHarvard that pays young scholars to do their own work, for three years, with no commitments.Levitt felt he didn’t stand a chance. For starters, he didn’t consider himself an intellectual. He wouldbe interviewed over dinner by the senior fellows, a collection of world-renowned philosophers,scientists, and historians. He worried he wouldn’t have enough conversation to last even the firstcourse.Disquietingly, one of the senior fellows said to Levitt, “I’m having a hard time seeing theunifying theme of your work. Could you explain it?”Levitt was stymied. He had no idea what his unifying theme was, or if he even had one.Amartya Sen, the future Nobel-winning economist, jumped in and neatly summarized what hesaw as Levitt’s theme.Yes, Levitt said eagerly, that’s my theme.Another fellow then offered another theme.You’re right, said Levitt, my theme.And so it went, like dogs tugging at a bone, until the philosopher Robert Nozick interrupted.“How old are you, Steve?” he asked.“Twenty-six.”Nozick turned to the other fellows: “He’s twenty-six years old. Why does he need to have aunifying theme? Maybe he’s going to be one of those people who’s so talented he doesn’t need one.He’ll take a question and he’ll just answer it, and it’ll be fine.”(c)Q:There are three basic flavors of incentive: economic, social, and moral. Very often a single incentive scheme will include all three varieties. Think about the anti-smoking campaign of recent years. The addition of a $3-per-pack “sin tax” is a strong economic incentive against buying cigarettes. The banning of cigarettes in restaurants and bars is a powerful social incentive. And when the U.S. government asserts that terrorists raise money by selling black-market cigarettes, that acts as a rather jarring moral incentive.Some of the most compelling incentives yet invented have been put in place to deter crime. Considering this fact, it might be worthwhile to take a familiar question—why is there so much crime in modern society?—and stand it on its head: why isn’t there a lot more crime? After all, every one of us regularly passes up opportunities to maim, steal, and defraud. The chance of going to jail—thereby losing your job, your house, and your freedom, all of which are essentially economic penalties—is certainly a strong incentive. But when it comes to crime, people also respond to moral incentives (they don’t want to do something they consider wrong) and social incentives (they don’t want to be seen by others as doing something wrong). For certain types of misbehavior, social incentives are terribly powerful. In an echo of Hester Prynne’s scarlet letter, many American cities now fight prostitution with a “shaming” offensive, posting pictures of convicted johns (and prostitutes) on websites or on local-access television. Which is a more horrifying deterrent: a $500 fine for soliciting a prostitute or the thought of your friends and family ogling you on www.HookersAndJohns.com.(с)Q:Some cheating leaves barely a shadow of evidence. In other cases, the evidence is massive.Consider what happened one spring evening at midnight in 1987: seven million American childrensuddenly disappeared. The worst kidnapping wave in history? Hardly. It was the night of April 15,and the Internal Revenue Service had just changed a rule. Instead of merely listing each dependentchild, tax filers were now required to provide a Social Security number for each child. Suddenly,seven million children—children who had existed only as phantom exemptions on the previousyear’s 1040 forms—vanished, representing about one in ten of all dependent children in the UnitedStates(c)Q:Of all the ideas that Kennedy had thought up—and would think up in the future—to fight bigotry, his Superman campaign was easily the cleverest and probably the most productive. It had the precise effect he hoped: turning the Klan’s secrecy against itself, converting precious knowledgeinto ammunition for mockery. Instead of roping in millions of members as it had just a generationearlier, the Klan lost momentum and began to founder. Although the Klan would never quite die,especially down South—David Duke, a smooth-talking Klan leader from Louisiana, mountedlegitimate bids for the U.S. Senate and other offices—it was also never quite the same. In The Fiery Cross: The Ku Klux Klan in America, the historian Wyn Craig Wade calls Stetson Kennedy “the single most important factor in preventing a postwar revival of the Ku Klux Klan in the North.”This did not happen because Kennedy was courageous or resolute or unflappable, even though he was all of these. It happened because Kennedy understood the raw power of information. The Ku Klux Klan was a group whose power—much like that of politicians or real-estate agents or stockbrokers—was derived in large part from the fact that it hoarded information. Once that information falls into the wrong hands (or, depending on your point of view, the right hands), much of the group’s advantage disappears.(с)Q:Information is so powerful that the assumption of information, even if the information does not actually exist, can have a sobering effect.(c)Q:It is common for one party to a transaction to have better information than another party. Inthe parlance of economists, such a case is known as an information asymmetry. We accept as averity of capitalism that someone (usually an expert) knows more than someone else (usually aconsumer). (c)Q:If you were to assume that many experts use their information to your detriment, you’d beright. Experts depend on the fact that you don’t have the information they do. Or that you are sobefuddled by the complexity of their operation that you wouldn’t know what to do with theinformation if you had it. Or that you are so in awe of their expertise that you wouldn’t darechallenge them. If your doctor suggests that you have angioplasty—even though some currentresearch suggests that angioplasty often does little to prevent heart attacks—you aren’t likely tothink that the doctor is using his informational advantage to make a few thousand dollars forhimself or his buddy. But as David Hillis, an interventional cardiologist at the University of TexasSouthwestern Medical Center in Dallas, explained to the New York Times, a doctor may have thesame economic incentives as a car salesman or a funeral director or a mutual fund manager: “Ifyou’re an invasive cardiologist and Joe Smith, the local internist, is sending you patients, and if youtell them they don’t need the procedure, pretty soon Joe Smith doesn’t send patients anymore.”(c)Q:Consider this true story, related by John Donohue, a law professor who in 2001 was teaching at Stanford University: “I was just about to buy a house on the Stanford campus,” he recalls, “and the seller’s agent kept telling me what a good deal I was getting because the market was about to zoom. As soon as I signed the purchase contract, he asked me if I would need an agent to sell my previous Stanford house. I told him that I would probably try to sell without an agent, and he replied, ‘John, that might work under normal conditions, but with the market tanking now, you really need the help of a broker.’”Within five minutes, a zooming market had tanked. Such are the marvels that can be conjured by an agent in search of the next deal.(c)Q:They were also a lot richer, taller, skinnier, and better-looking than average. That, at least, is what they wrote about themselves. More than 4 percent of the online daters claimed to earn more than $200,000 a year, whereas fewer than 1 percent of typical Internet users actually earn that much, suggesting that three of the four big earners were exaggerating. Male and female users typically reported that they are about an inch taller than the national average. As for weight, the men were in line with the national average, but the women typically said they weighed about twenty pounds less than the national average.Most impressively, fully 70 percent of the women claimed “above average” looks, including 24 percent claiming “very good looks.” The online men too were gorgeous: 67 percent called themselves “above average,” including 21 percent with “very good looks.” This leaves only about 30 percent of the users with “average” looks, including a paltry 1 percent with “less than average” looks—which suggests that the typical online dater is either a fabulist, a narcissist, or simply resistant to the meaning of “average.” (Or perhaps they are all just realists: as any real-estate agent knows, the typical house isn’t “charming” or “fantastic,” but unless you say it is, no one will even bother to take a look.) Twenty-eight percent of the women on the site said they were blond, a number far beyond the national average, which indicates a lot of dyeing, or lying, or both. Some users, meanwhile, were bracingly honest. Eight percent of the men—about 1 in every 12 conceded that they were married, with half of these 8 percent reporting that they were “happily married.” But the fact that they were honest doesn’t mean they were rash. Of the 258 “happily married” men in the sample, only 9 chose to post a picture of themselves. The reward of gaining a mistress was evidently outweighed by the risk of having your wife discover your personal ad. (c)Q:But if there is no unifying theme to Freakonomics, there is at least a common thread running through the everyday application of Freakonomics. It has to do with thinking sensibly about how people behave in the real world. All it requires is a novel way of looking, of discerning, of measuring. This isn’t necessarily a difficult task, nor does it require supersophisticated thinking. We have essentially tried to figure out what the typical gang member or sumo wrestler figured out on his own (although we had to do so in reverse).Will the ability to think such thoughts improve your life materially? Probably not. Perhaps you’ll put up a sturdy gate around your swimming pool or push your real-estate agent to work a little harder. But the net effect is likely to be more subtle than that. You might become more skeptical of the conventional wisdom; you may begin looking for hints as to how things aren’t quite what they seem; perhaps you will seek out some trove of data and sift through it, balancing your intelligence and your intuition to arrive at a glimmering new idea. Some of these ideas might make you uncomfortable, even unpopular. To claim that legalized abortion resulted in a massive drop in crime will inevitably lead to explosive moral reactions. (c)     consulting educational knowledge               294 reviews5,940 followers     July 12, 2022   I lost all faith in this book when it tried to teach you how to be a “perfect parent” and came to the conclusion that “it isn’t so much a matter of what you do as a parent; it’s who you are.” He claims that your socioeconomic status determines whether or not you will be a good parent. One of his biggest points in this chapter is that nothing a parent does (for example, taking their child to museums or reading books to their toddler) matters in the slightest. The only data he uses to draw this conclusion is a collection of test scores. Obviously a high test score does not equal a well-raised, happy child in a healthy family environment. And of course what you do as a parent matters. You can’t totally neglect your child and then claim you’re a perfect parent because of your socioeconomic status. You also cannot determine what makes a good parent based on children’s test scores alone. Also, can we talk about how self-congratulatory the author is? It makes the book such a chore to read when he includes things like how he is a demigod of economics or how much he dazzled journalists with his inventiveness and how he revolutionized the field.   Freakonomics is disappointing.      nonfiction               1,847 reviews16.3k followers     June 22, 2016   Freakonomics explores the hidden side of everything. If morality describes the ideal world, then economics describes the actual world. Further, Freakonomics studies incentives and how different people in different professions respond.  Some of the case studies include bagel salesmen, sumo wrestlers, public school teachers, crack cocaine dealers and parents. This is a smart, fun book; but it's not for everyone. Through a high nerd prospective, the authors deliver a slide rule and pocket protector observation of some controversial subjects.                     653 reviews6,926 followers     July 9, 2016    As the old joke goes, the questions in economics exams are the same every year; only the answers change.(re-reading in prep for the super-freaks)     economics favorites media-hyped               651 reviews826 followers     November 5, 2019   I enjoyed Steven Levitt and Stephen Dubner’s Freakonomics: A Rogue Economist Explores the Hidden Side of Everything; however, I’m not yet sure if it is simply entertaining or is in any way instructive. Levitt and Dubner explore a diverse range of subjects: from linking Roe v. Wade to violent crime, cheating by teachers and sumo wrestlers to an economic model of drug dealing. I’d like to think that the stories told by the authors and the way they analyze conventional thinking would put me on a path to look past easy answers. Having completed Freakonomics, do I look at the world radically differently than I did before picking up the book? It is Interesting to look at subjects from a different angle. Positing that economics and specifically the field of study now dubbed freakonomics has nothing to do with morality is an intriguing concept as well, but deciding which stories to tell is necessarily selective. Indeed, the focus is interesting. So yes I enjoyed Freakonomics, but feel I should have more to say about it and the authors’ underlying premises than I do. 3.25 stars                    174 reviews2 followers     July 9, 2008   The Basics:Freakonomics isn’t really about any one thing, which makes it a bit hard to summarize. In essence, it’s economist Steven Levitt playing around with economic principles and basic statistical analysis to examine various cultural trends and phenomena. He tackles a variety of questions, from whether or not sumo wrestlers cheat (they do) to whether or not a child’s name determines his success (it doesn’t). He does this all through examining statistics and data, trying to find facts to back up various assertions rather than relying on conventional wisdom. The Good: As a person who is sick of the inability of most people to have a rational discourse on any even vaguely politicized topic, and a self-proclaimed skeptic, it’s nice to read anyone who endorses looking at hard data to make judgments about possibly controversial issues. Levitt does a nice job of not only proclaiming the advantages of this sort of rational outlook, but also of showing that when you actually examine the data, you sometimes get surprising results. Furthermore, he takes the time to point out that there is a difference between correlation and causation, and that many people mistake one for the other. Again, a nice touch. The actual questions that Levitt asks are all fairly interesting, though some will appeal to certain readers more than others. In addition to cheating sumotori and strange names, Levitt also examines cheating teachers, the economics of crack dealers, and the effect of abortion on crime. Crime, in point of fact, seems to be Levitt’s greatest interest, and I wonder if he might not have been better served by writing an entire book on the relationship between economics and crime, as opposed to trying to touch on a number of different subjects that are all largely unrelated. It might have made for a tighter, more focused book. The writing is solid; simple and easy, but solid. Despite being a book about economics, it’s not a terribly dense read, as witnessed by the fact that I finished it off in about two days. Granted, it was two days of heavy reading, but it was still two days. The Bad: For a book that’s so gung ho about statistics, there aren’t many statistics in here. Levitt claims that the numbers back up his research, but he rarely provides the data itself, which makes it difficult to tell how much he might be manipulating statistics to serve his own ends. It makes the book seem like it’s been dumbed down for the plebian masses, which will be very frustrating to any intelligent reader who wants to look at Levitt’s data themselves. Any reader who doesn’t feel like reading the numbers can do what most of us did in undergrad—skip the numbers sections. It’s just sloppy; I can’t imagine Levitt would do this in a formal economics paper. The book also lacks much in the way of an unifying theme, a problem that is acknowledged within the text itself; that isn’t only sad, it’s sloppy. I doubt that a writer of Dubner’s skill and an economist of Levitt’s apparent genius (more on that below) are totally incapable of thinking of and describing some kind of unifying theme throughout this work. It just smacks of laziness, even more so when there’s a half-hearted “well, I guess you could say it’s this…” sort of thing in the epilogue. Again, I have trouble imagining that Levitt would submit a paper that was this disjointed to a serious economic publication; why should the general public be treated less seriously? The Ugly: The self-aggrandizement. Oh, the self-aggrandizement. Every chapter is preceded by excerpts from an article about Levitt, which all tell us what a brilliant and unconventional economist this man is. In the introduction, we’re told that he really wasn’t that interested in writing a book, unless he got to work with this wonderful journalist who had written an article about him earlier. The cover promises that we will be “dazzled” by a “rogue economist” who explains “the hidden side of everything.” For all of this talk of brilliance and dazzling explanations, the book doesn’t seem that brilliant. It seems like a transcript of some interesting dinner conversation with a smart guy, the sort that makes you go home and think, “hey, this stuff is interesting, I ought to go pick up a book about it.” Of course, the problem here is that you’ve already picked up the book. The fact that Levitt wasn’t that interested in writing a book in the first place is telling; this book feels like something written by a person who needed to get the work done, but really wasn’t engaged in what he was doing. Maybe he should have waited until he was a little more motivated.     anthropology psychology               70 reviews12 followers     November 13, 2016   Yeah, this isn't 'rogue economics'. This is sociology. It's not a new discipline. And this is really spurious sociology that wouldn't pass muster in academia, so Levitt published it for public consumption.     cl sociology               42 reviews103 followers     December 29, 2007   The most interesting part of this book was the introduction. Sad, but true.Four stars for presentation. The prose is nearly invisible, which I suppose in this genre is preferable to the alternative. And the content is mildly interesting, in a "Huh. Wouldja look at that" sort of way, as though you saw a duck waddling through your back yard with jam on its head. But insofar as it's meant to be the vehicle for a larger framework for viewing the world, this book is old news. You mean shit's connected in weird, roundabout ways? Get out. Conventional wisdom is often wrong? Superficial analyses are lazy and innacurate? My head...is spinning. Read some good poetry, you hipster fucks.     nonfiction           September 9, 2014   Well,this is the most terrible book I have ever seen,it was too terrible to read.It’s so terrible that I just want to burn it as fast as I can,and it cost me 58RMB.That was 58RMB,it was to expensive for me to afford.At first.I thought it was a good book,and I spend all my money on this book.And I was pretty annoyed about this I don’t have any other money for my breakfast,lunch,and even dinner.I haven’t drink juice for the whole year.Reading this is a waste of time,no one want to see this book again.It was just rubbish,and smelly book.It tells my nothing.I even want to sell this to the writer,and ask to return my money and some extra.It cost me too much time,and too much money on it.I prefer to see a movie instead!!!                  9,568 reviews55.6k followers     August 28, 2019   Freakonomics: A Rogue Economist Explores the Hidden Side of Everything (Freakonomics), Steven D. Levitt, Stephen J. DubnerFreakonomics: A Rogue Economist Explores the Hidden Side of Everything is the debut non-fiction book by University of Chicago economist Steven Levitt and New York Times journalist Stephen J. Dubner. It was published on April 12, 2005, by William Morrow. The book has been described as melding pop culture with economics. By late 2009, the book had sold over 4 million copies worldwide. The book is a collection of articles written by Levitt, an expert who had gained a reputation for applying economic theory to diverse subjects not usually covered by "traditional" economists. In Freakonomics, Levitt and Dubner argue that economics is, at root, the study of incentives. The book's chapters cover:Chapter 1: Discovering cheating as applied to teachers and sumo wrestlers, as well as a typical Washington, D.C.–area bagel business and its customersChapter 2: Information control as applied to the Ku Klux Klan and real-estate agentsChapter 3: The economics of drug dealing, including the surprisingly low earnings and abject working conditions of crack cocaine dealersChapter 4: The role legalized abortion has played in reducing crime, contrasted with the policies and downfall of Romanian dictator Nicolae Ceauşescu (Levitt explored this topic in an earlier paper entitled "The Impact of Legalized Abortion on Crime," written with John Donohue.)Chapter 5: The negligible effects of good parenting on educationChapter 6: The socioeconomic patterns of naming children (nominative determinism)تاریخ نخستین خوانش: روز بیست و هفتم ماه آگوست سال 2008 میلادیعنوان: اقتصاد ناهنجاری‌های پنهان اجتماعی؛ نویسنده: استیون لویت، استپان‌ دابنر؛ مترجم: سعید مشیری؛ تهران: نشر نی‏‫، 1386؛ در 269 ص؛ شابک: 9789643129507؛ چاپ دوم 1392؛ موضوع: اقتصاد از نویسندگان امریکایی - جنبه های روانشناسی - سده 21 معنوان: اقتصاد، علم انگیزه‌ها؛ نویسنده: استیون دی‌. لویت؛ مترجم: امیرحسین توکلی؛ تهران: سبزان‏‫، 1385؛ در 197 ص؛ شابک: 9789648249674؛ عنوان روی جلد: اقتصاد علم انگیزه‌ها: مهارت‌های لازم برای کشف ابعاد پنهان پدیده‌ها؛‬کتاب «فریکونومیکس» در باره ی اقتصاد، از اقتصاددان دانشگاه شیکاگو «استیون لویت» است، که نخستین بار در روز دوازدهم ماه آوریل سال 2005 میلادی منتشر شد. این کتاب تا پایان سال 2009 میلادی، بیش از چهار میلیون نسخه فروش داشته است. کتاب با عنوان «اقتصاد ناهنجاری‌های اجتماعی» توسط نشر نی و با ترجمه ی جناب «سعید مشیری»، و با عنوان: «اقتصاد، علم انگیزه‌ها»؛ با ترجمه ی جناب «امیرحسین توکلی»، منتشر شده است. کتاب چندین فصل دارد: درباره حقه زدن در شغل‌هایی مانند معلمی و کشتی‌گیران سومو؛ شباهت‌های کوکلوس‌کلان‌ و افراد معاملات ملکی؛ سیستم اقتصادی کارتل‌های مواد مخدر؛ تاثیر قانونی‌سازی سقط جنین در کاهش جرایم چندین سال بعد؛ نقش بسیار کم تربیت خوب کودکان توسط والدین در بهتر شدن آموزش و پرورششان؛ و الگوهای نامگذاری کودکان در یک جامعه. ا. شربیانی    21th-century business economic               231 reviews667 followers     May 28, 2019   The book is totally different than ordinary books on this topic. It will bring out those facts that we don't want to eve look or discuss. It has provided many examples with those are unbelievable. It has used to comapre sumo wrestlers and school teachers. IT goona freak you all the time.May the style of the wrtitng book is different but he delivers the information that is valuable to all. It will change the way you think about the modern world.               September 14, 2007   Levitt makes the lofty claim that economics is not swayed by moral sensibilities - it's a pure numbers game of course! However, not knowing much about him beyond his affiliation with the University of Chicago and what was written in the book, I can surmise that he is conservative, or at least what today would be inappropriately labeled "moderate." Is this a bad thing? Not necessarily...or at least I don't view it that way. Does it affect his conclusions? Absolutely. Levitt assumes his assertion that Roe v. Wade is responsible for the drop in crime experienced in the 1990s is the most controversial in the book, but I was not bothered by that conclusion at all. What did raise my ire a bit was his statement that "Minorities commit more crimes." Perhaps the pure numbers seem to show so, but upon closer examination and more careful thought, one might conclude that minorities are simply arrested and convicted more often. In many cases, Levitt does delve into the deeper "behind the scenes" reasons for why things happen, but in this glaring example, he delves no further than to admit that poverty might have a link to crime commission, and with more minorities in poverty more of them commit crimes. Might it also have a link to crime conviction? The white suburban kid who can afford a long and arduous defense, or whose father knows someone who can get the kid out of a jam, has a much better chance of having his case dismissed than a poor minority kid assigned a public defender (not to say that public defenders don't do good work - in fact many of them are some of the most amazing lawyers out there). Suffice to say the system is stacked against people in poverty and minorities, and Levitt fails to fully acknowledge this in his discussion of what causes and helps prevent crime. I wasn't so much angry as I was disappointed. When one of the brightest minds in our country can't see beyond his own prejudices, where is the hope for the rest of us? Levitt might be a genius, but he is woefully culturally incompetent.                   51 reviews10 followers     September 15, 2007   I am indebted to airport bookstores. And I am thus indebted to such an extent, that I can confess to arriving early for any flight departing from an airport with a bookstore for the sole purpose of securing a few additional minutes to browse books. If it were not for the practicalities of travelling, I would probably have bought this book much sooner than I did for I had been securing extra minutes in airport bookstores just to read through another chapter long before I actually bought it.You see, my travels are laden with a heavy debate: shall I pack my extra suitcase with books or groceries? I resolve this by alternating. For one trip to the Outside, a spare duffel bag will be dedicated to books and I will shun all opportunities to visit grocery stores just to preserve that determination. On the next visit, I will carry a spare cooler (rather than duffel bag) and splurge on leg of lamb and cheeses free of artificial coloring. The ultimate effect of this system, however, is a backlog in possessing the books I'd like to read. Finally, however, the fates aligned. I was travelling to Iowa on what I expected to be a gloriously grocery-focused trip. But my cooler broke as I was carrying it to the truck that we would drive to our local airport. There wasn't time to fix it. I was sad, of course, as I had been anticipating all the pork I was going to return with from Iowa. But I consoled myself with all those Iowa cookbooks I could now carry, and resolved not to prolong any lamentations over the cooler. And, oh, did I find myself lugging around a heavy library - such hours did I spend in Powells (there was a 1 week layover in Oregon) and Iowa City's bookstores. The day before we left Iowa, Nate told me about how much he enjoyed this book. His description renewed my interest, and I committed myself to buying a copy before we left. But, alas, we ran out of time. We didn't make it to a bookstore. It was sadder than the last-minute loss of the cooler. So when we arrived in Chicago, and had a few minutes to wait for the connecting flight to Alaska, and our gate was right next to a book kiosk, and I was pretty sure there was just enough room in my carry-on to squeeze in one more book - it was this book that I grabbed.  I raced through it. Loving each chapter. I really can't recommend it enough. A fun read, for those who like to be entertained by books. Informative too, for those that like to read for knowledge, thought, and/or discourse. But what elevates it to favorite is that it alters perception and challenges assumptions. For what it's worth, I have no regrets that I carried this book rather than Iowa pork.....and I can think of no finer testament to a good book. Then again, most of my entertainment these days revolves around pickling turnips. So if turnips aren't your thing, feel free to take my recommendation with a grain of salt....but you should still read this book.                   468 reviews67 followers     May 8, 2010   I assumed Freakonomics would be a book that used statistics to debunk various societal hysterias and fearmongering in a semi-humorous way. I quickly realized what I was in for when early in the book when the authors gave their background as Harvard Jews and profiled a guy that infiltrated the KKK for the ADL. The story sounds at least partially made up. It then jumped into predictable white guilt inducing trash and goes into mental contortions using "data" and sociological explanations for black criminality and low IQ scores. The writers of this book are also obsessively pro-Abortion. The only surprise was they used statistics to show you are much more likely to die from an automobile or a swimming pool than a gun. This book would probably appeal to upper middle class liberals who like to consider themselves clever and politically astute from their isolated armchairs. For me Freakonomics was a big load of garbage.                   6 reviews53 followers     March 24, 2015   Everything I hate about popular science - alternating between over-simplified, patronising, naive or simply annoying, but worst of all, blatantly refusing to take account of the political and social implications of its findings, and being proud of it.                  500 reviews2,410 followers     July 29, 2013   I found this book to be really fascinating. Chapter 3- Why do drug dealers still live with their moms, was very illuminating. I like the questions they posed and the connections they came up with. I was quite surprised about the American school system, especially the fact that teachers often used cheating methods to make sure their students scored well in standardized tests.The section about how given names may influence one's future was quite gloomy in some ways, especially as there's evidence that we are judged based on our names, not on our abilities. All in all, a lot of great information.    non-fiction sociology               1,279 reviews21.3k followers     March 20, 2008   This is a very American book. Not just because all of the examples in it are set in the US, but also the hype about it is terribly American too. It has the tone of self congratulation that has sold a million self-help books. Which is a pity, as what it has to say is terribly interesting and amusing.The stuff at the end about how the name you are born with affects your life is very interesting. Also the idea, that is clearly true, but I'd never thought of it before, that people give their daughters crazier names than their sons. The point of this book is to say that sometimes there are very interesting correlations between things that seem quite disparate. The big one (and I haven't checked, but I assume this one didn't go down terribly well with the religious right in America) was the idea that the drop in violent crime in the US was due to the drop in violent criminals and this was due to there being less people brought up in abject poverty which is due to people being able to have access to abortion and not bringing unwanted children into the world. The comparisons between drug dealers and McDonalds as a corporate structure is now received wisdom - Obama quotes this in his book. Overall this is a great little read and quite fun - but really, I can't think of a single book that was improved by self-congratulation.     behavioural-economics economics               453 reviews204 followers     June 7, 2021   کتاب اقتصاد ناهنجاری های پنهان اجتماعی نوشته استیون لویت به بیان خود نویسنده کتابی ایست که موضوع واحدی ندارد ، و اثر و اصولا ادعایی هم در بهبود کیفیت زندگی مادی انسان ندارد ، اساس کتاب او بر مبنای شک است . آنچه نویسنده به دنبال آن بوده است پیدا کردن رشته ای مشترک در کاربردهای امور روزمره است ، این که مردم در دنیای واقعی چگونه رفتار می کنند ، مساله ای مهم که آقای لویت تلاش کرده با تلفیقی از علم اقتصاد ، آمار ، جامعه شناسی و رفتار شناسی به آن پی ببرد . هدف نویسنده در زیر سوال بردن عقل متعارف است ، پرسیدن سوال های بسیار تا هر فرد برای هر موضوعی با تکیه بر هوش و شناخت خود به ایده یا راه حلی برای آن برسد .اگرچه بیشتر موضوعاتی که استیون لویت به آن ها پرداخته اصل و ریشه غربی دارد و برای مردم در جوامع شرق ممکن است کمی عجیب به نظر برسد اما کتاب در مجموع در تلاش برای نگریستن متفاوت و خارج از عقل متعارف برای خواننده فارغ از هر جامعه یا ملیتی ، نسبتا موفق بوده است .                  500 reviews443 followers     December 22, 2014   The "experts are evil, have agendas, will trick you" talk got old real fast, especially when points are later being backed up with experts research. There's not enough discussion on the data itself, no distinction between quantitative and qualitative, and not enough discussion on the many flaws of data and how we analyze it. Pretty interesting how much he dislikes criminologists but then (if I remember correctly), only mentions the same one or two names over and over when giving examples of criminologists that had agendas/tricked the public. Also the fact that the entire book, and the issues, feels very simplified. Actually the author puts it best himself: "The typical parenting expert, like experts in other fields, is prone to sound exceedingly sure of himself. An expert doesn’t so much argue the various sides of an issue, as plant his flag firmly on one side. That’s because an expert who’s argument reeks of restraint or nuance often doesn’t get much attention. An expert must be bold if he hopes to alchemise (?) his homespun theory into conventional wisdom." This is often how I perceived the book to be written, very simplified, without enough nuance or room for possible explanations - only one right answer. I didn't like how the book was written, how the topics where dealt with, and had a hard time taking anything seriously after all of the self-admiration and the repeated "all experts have agendas (except for us)" talk in every chapter.                   415 reviews5 followers     July 23, 2015   Verbose, repetitive, contradictory: a book of 200-pages that could be condensed to 3-5 pages. Titles that vary from scintillating to insulting, yet are followed by a chapter that doesn't support the title bar.  Anecdotal stories, mistaken for data or hypothesis. Interpretations and hypotheses are drawn from data that could still be interpreted in multiple ways. The book claims that it will link the unexpected, but frankly, links the obvious, with many "well duh" moments. Needless generations of lists that help bulk out the book, but provide little further benefit for study. Each chapter begins with unnecessary aggrandisement of the author for the statistician, that jars the flow of the book. Overall, a good demonstration of why "social sciences" are in no way close to being "science", and instead should be termed social philosophy.                   1,238 reviews2,206 followers     April 12, 2020   I once read somewhere that statistics can be used to prove anything. This book is evidence for the same.Steven D. Levitt, a "rogue" economist by his own admission, and who confesses that he is terrible at traditional economics, uses the methods of statistical analysis to look at the unexplored relations between things in society - like the resemblance between Japanese sumo wrestlers and American schoolteachers, why real-estate agents are similar to the Ku Klux Klan, whether parenting has any effect on how a child turns out... etc, etc. By the confession of the authors themselves, the book has no central theme - it just explores the "hidden side of everything". Levitt and Dubner say that economics has the tools to provide the right answers, but only a very few people ask the right questions. Some of his findings do have credibility (like that of schoolteachers and sumo wrestlers cheating to advance their careers, though I did not find anything earthshaking in those); some seem to be refreshing new perspectives (the similarity between the drug mafia and corporate houses, for example); some seem trite to the point of silliness (like the Ku Klux Klan and real-estate agents being undone through the availability of information); and some seem to have some substance, but require further study of all parameters (how the station in life and the behaviour of parents affect the children). However, One finding, which is lauded by most reviewers of the book as startling, I found I could take with only a very large lump of salt: that the reduction in crime in the USA in the 1990's is due to the legalisation of abortions in 1973. The authors assume that crime is committed by unwanted children whom their mothers could not get rid of, and once they were allowed to, problem was solved! This, while at the same time arguing gun control is not having much effect either way while increase in police force and punishment is a deterrent, seems to me peddling to the right liberal narrative - at the same time totally ignoring the socioeconomic factors behind crime. As far as I am concerned, any kind of simplistic conclusions drawn from statistical data is suspect. Let me make this clear with an example close to my heart. In India, the state of Kerala in the south (from where I hail) tops in almost all Human Development Indices (HDI) such as health, education etc. However, the state also has the highest morbidity levels. What does this mean? Whether higher levels of general health leads to higher incidence of life-style diseases, or simply that since the healthcare and education are good, more people see doctors? Similarly, Kerala is fourth in India on the basis of reported crime. Does this mean that a higher level of education increases criminal tendencies, or that with a more aware population, more crimes get reported? Heated arguments take place on these questions regularly with no clear conclusions - because there are too many factors to make clear inferences. So does that mean Levitt and Dubner are talking through their hat, and are best ignored? No, in my opinion. This book is worth reading, if only for the unusual perspective. Also, it prompts us to think beyond the glib statistics the "experts" spout to intimidate the poor layperson, and see for ourselves.                   3,504 reviews736 followers     September 22, 2020   Levitt and Dubner's ground breaking look at the world through the eyes of collated data that tells a story in itself, like their shocking discovery of what caused a huge drop in crime in America in the 1990s. Reading this a decade on I still find this so absorbing and interesting which is just as much as a result of their writing style as their great content.[image error]Just remember assume nothing... question everything! 8 out of 12.     non-fiction               82 reviews40 followers     July 15, 2021   4,5/5 ⭐ “The conventional wisdom is often wrong.”  As an economics student, this really helped me to open my mind to learn how to analyse everyday situations from a economic point of view. And it also showed me a new branch of economics that has become my favourite. If you want to learn the basics on economics, this book is for you. Some people might find it a little bit basic, but I think it should be taken as an introduction to the topic. More than teaching you how economics work, which is no easy task, I believe its purpose is to try and show how for every situation you can find an economic assumption to back it up. What should be also taken into account when reading this book is that to prove most of his theories Levitt relies on statistics, which are part of economics as a science but not pure economics itself. Basically, do not expect to become an expert on the subject after reading it. Anyways, I found the book pretty entertaining and well written. Highly recommend it.     2020 non-fiction
Freakonomics: A Rogue Economist Explores the Hidden Sid…
https://www.goodreads.com/book/show/1202.Freakonomics
https://www.mercatus.org/scholars/tyler-cowen
Tyler Cowen
2023-11-27
Tyler Cowen
<div><article> <div> <p> </p>
<div> <ul> <li> Holbert L. Harris Chair of Economics at George Mason University, Distinguished Senior Fellow, F. A. Hayek Program for Advanced Study in Philosophy, Politics, and Economics, Faculty Director, Mercatus Center </li> </ul>
<div><p>Tyler Cowen is the Holbert L. Harris Chair of Economics at George Mason University and serves as chairman and faculty director of the Mercatus Center at George Mason University. With colleague Alex Tabarrok, Cowen is coauthor of the popular economics blog <a href="https://marginalrevolution.com/"><i></i></a> and cofounder of the online educational platform <a href="http://mruniversity.com/">Marginal Revolution University</a>.</p>
<p>A dedicated writer and communicator of economic ideas, Cowen is the author of several bestselling books and is widely published in academic journals and the popular media. Cowen’s latest book is <i><a href="https://static.macmillan.com/static/smp/talent/">Talent: How to Identify Energizers, Creatives, and Winners Around the World</a>. </i>He writes a column for <i>Bloomberg View</i>; has contributed extensively to national publications such as the<i> New York Times, Wall Street Journal</i> and <i>Money; </i>and serves on the advisory boards of both <i>Wilson Quarterly</i> and <i>American Interest</i>. His research has been published in the <i>American Economic Review</i>, the <i>Journal of Political Economy, Ethics</i>, and<i> Philosophy and Public Affairs</i>.</p>
<p>Cowen is host of <a href="http://conversationswithtyler.com">Conversations with Tyler</a>, a popular podcast series featuring today's most underrated thinkers in wide-ranging explorations of their work, the world, and everything in between. Past guests include David Brooks, Malcolm Gladwell, and Kareem Abdul-Jabbar.</p>
<p>In 2011, <i>Bloomberg Businessweek</i> profiled Cowen as “America’s Hottest Economist” after his e-book, <i>The Great Stagnation</i>,<i> </i>appeared twice on the<i> New York Times</i> e-book bestseller list. Columnist David Brooks declared it “the most debated nonfiction book so far this year.” <i>Foreign Policy</i> named Cowen as one of 2011’s “Top 100 Global Thinkers,” and an<i> Economist</i> survey counted him as one of the most influential economists of the last decade.</p>
<p>Cowen graduated from George Mason University with a BS in economics and received his PhD in economics from Harvard University.</p>
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 Tyler Cowen

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 * 
 * 
 * Holbert L. Harris Chair of Economics at George Mason University, Distinguished Senior Fellow, F. A. Hayek Program for Advanced Study in Philosophy, Politics, and Economics, Faculty Director, Mercatus Center

 Tyler Cowen is the Holbert L. Harris Chair of Economics at George Mason University and serves as chairman and faculty director of the Mercatus Center at George Mason University. With colleague Alex Tabarrok, Cowen is coauthor of the popular economics blog Marginal Revolution and cofounder of the online educational platform Marginal Revolution University.

 A dedicated writer and communicator of economic ideas, Cowen is the author of several bestselling books and is widely published in academic journals and the popular media. Cowen’s latest book is Talent: How to Identify Energizers, Creatives, and Winners Around the World. He writes a column for Bloomberg View; has contributed extensively to national publications such as the New York Times, Wall Street Journal and Money; and serves on the advisory boards of both Wilson Quarterly and American Interest. His research has been published in the American Economic Review, the Journal of Political Economy, Ethics, and Philosophy and Public Affairs.

 Cowen is host of Conversations with Tyler, a popular podcast series featuring today's most underrated thinkers in wide-ranging explorations of their work, the world, and everything in between. Past guests include David Brooks, Malcolm Gladwell, and Kareem Abdul-Jabbar.

 In 2011, Bloomberg Businessweek profiled Cowen as “America’s Hottest Economist” after his e-book, The Great Stagnation, appeared twice on the New York Times e-book bestseller list. Columnist David Brooks declared it “the most debated nonfiction book so far this year.” Foreign Policy named Cowen as one of 2011’s “Top 100 Global Thinkers,” and an Economist survey counted him as one of the most influential economists of the last decade.

 Cowen graduated from George Mason University with a BS in economics and received his PhD in economics from Harvard University.

 Latest Work

 * | Podcast Appearance Podcast Appearance

 Tyler Cowen on the GOAT of Economics | EconLib’s “EconTalk”

 * By
 + Tyler Cowen
 * November 27, 2023
 * | Technology and Innovation Technology and Innovation
 * | Expert Commentary Expert Commentary

 Struggling Cities Face More Pain From AI Boom | Bloomberg Opinion

 * By
 + Tyler Cowen
 * November 24, 2023
 * | Technology and Innovation Technology and Innovation
 * | TV Appearance TV Appearance

 AI, Talent and the Future of Work | Macquarie Group

 * By
 + Tyler Cowen
 * November 21, 2023
 * | Expert Commentary Expert Commentary

 Europe Needs to Move Fast and Break Bureaucracies | Bloomberg Opinion

 * By
 + Tyler Cowen
 * November 9, 2023
 * | Expert Commentary Expert Commentary

 New Laws to Regulate AI Would Be Premature | Bloomberg Opinion

 * By
 + Tyler Cowen
 * October 30, 2023
 * | Podcast Appearance Podcast Appearance

 AI Chats with Vinod Khosla and Tyler Cowen | The Times of London’s “Danny in the Valley”

 * By
 + Tyler Cowen
 * October 27, 2023
 * | Expert Commentary Expert Commentary

 For Now, Markets Aren’t Worried About a Wider War | Bloomberg Opinion

 * By
 + Tyler Cowen
 * October 26, 2023
 * | Expert Commentary Expert Commentary

 What Economists Got Wrong About the Great Recession | Bloomberg Opinion

 * By
 + Tyler Cowen
 * October 24, 2023
 * | Podcast Appearance Podcast Appearance

 From Avant-garde to Pop (Bonus DJ Episode) | “Tetragrammaton” with Rick Rubin

 * By
 + Tyler Cowen
 * October 18, 2023
 * | Technology and Innovation Technology and Innovation
 * | Expert Commentary Expert Commentary

 Stop Worrying That AI Will Cause the Market To Crash | Bloomberg Opinion

 * By
 + Tyler Cowen
 * October 18, 2023
 * See more
 All

 Latest Work

 * | Podcast Appearance Podcast Appearance

 Tyler Cowen on the GOAT of Economics | EconLib’s “EconTalk”

 * By
 + Tyler Cowen
 * November 27, 2023
 * | Technology and Innovation Technology and Innovation
 * | Expert Commentary Expert Commentary

 Struggling Cities Face More Pain From AI Boom | Bloomberg Opinion

 * By
 + Tyler Cowen
 * November 24, 2023
 * | Technology and Innovation Technology and Innovation
 * | TV Appearance TV Appearance

 AI, Talent and the Future of Work | Macquarie Group

 * By
 + Tyler Cowen
 * November 21, 2023
 * | Expert Commentary Expert Commentary

 Europe Needs to Move Fast and Break Bureaucracies | Bloomberg Opinion

 * By
 + Tyler Cowen
 * November 9, 2023
 * | Expert Commentary Expert Commentary

 New Laws to Regulate AI Would Be Premature | Bloomberg Opinion

 * By
 + Tyler Cowen
 * October 30, 2023
 * | Podcast Appearance Podcast Appearance

 AI Chats with Vinod Khosla and Tyler Cowen | The Times of London’s “Danny in the Valley”

 * By
 + Tyler Cowen
 * October 27, 2023
 * | Expert Commentary Expert Commentary

 For Now, Markets Aren’t Worried About a Wider War | Bloomberg Opinion

 * By
 + Tyler Cowen
 * October 26, 2023
 * | Expert Commentary Expert Commentary

 What Economists Got Wrong About the Great Recession | Bloomberg Opinion

 * By
 + Tyler Cowen
 * October 24, 2023
 * | Podcast Appearance Podcast Appearance

 From Avant-garde to Pop (Bonus DJ Episode) | “Tetragrammaton” with Rick Rubin

 * By
 + Tyler Cowen
 * October 18, 2023
 * | Technology and Innovation Technology and Innovation
 * | Expert Commentary Expert Commentary

 Stop Worrying That AI Will Cause the Market To Crash | Bloomberg Opinion

 * By
 + Tyler Cowen
 * October 18, 2023
 * See more
 Research

 Latest Work

 * | Academic & Student Programs Academic & Student Programs
 * | Journal Articles Journal Articles

 How to Learn and Teach Economics with Large Language Models, Including GPT

 * By
 + Tyler Cowen
 + Alex Tabarrok
 * March 2023
 * | Regulation Regulation
 * | Policy Briefs Policy Briefs

 Legal Liability and COVID-19 Recovery

 * By
 + Tyler Cowen
 + Trace Mitchell
 * May 8, 2020
 * | F. A. Hayek Program F. A. Hayek Program
 * | Journal Articles Journal Articles

 Autistics appear different, but also are different, and this should be valued

 * By
 + Tyler Cowen
 + Michelle Dawson
 * July 2019
 * | F. A. Hayek Program F. A. Hayek Program
 * | Antitrust and Competition Antitrust and Competition
 * | Books Books

 Big Business

 * By
 + Tyler Cowen
 * April 9, 2019
 A Love Letter to an American Anti-Hero
 * | Books Books

 The Complacent Class

 * By
 + Tyler Cowen
 * February 28, 2017
 The Self-Defeating Quest for the American Dream
 * | Technology and Innovation Technology and Innovation
 * | Books Books

 Average Is Over: Powering America Beyond the Age of the Great Stagnation

 * By
 + Tyler Cowen
 * September 12, 2013
 * | F. A. Hayek Program F. A. Hayek Program
 * | Books Books

 Average is Over

 * By
 + Tyler Cowen
 * September 2013
 Powering America Beyond the Age of the Great Stagnation
 * | Books Books

 An Economist Gets Lunch

 * By
 + Tyler Cowen
 * April 12, 2012
 * | Regulation Regulation
 * | Books Books

 The Great Stagnation

 * By
 + Tyler Cowen
 * January 25, 2011
 How America Ate All The Low-Hanging Fruit of Modern History, Got Sick, and Will (Eventually) Feel Better
 * | F. A. Hayek Program F. A. Hayek Program
 * | Books Books

 Risk and Business Cycles

 * By
 + Tyler Cowen
 * July 2010
 New and Old Austrian Perspectives
 * See more
 Media Appearances

 Latest Work

 * | Podcast Appearance Podcast Appearance

 Tyler Cowen on the GOAT of Economics | EconLib’s “EconTalk”

 * By
 + Tyler Cowen
 * November 27, 2023
 * | Technology and Innovation Technology and Innovation
 * | TV Appearance TV Appearance

 AI, Talent and the Future of Work | Macquarie Group

 * By
 + Tyler Cowen
 * November 21, 2023
 * | Podcast Appearance Podcast Appearance

 AI Chats with Vinod Khosla and Tyler Cowen | The Times of London’s “Danny in the Valley”

 * By
 + Tyler Cowen
 * October 27, 2023
 * | Podcast Appearance Podcast Appearance

 From Avant-garde to Pop (Bonus DJ Episode) | “Tetragrammaton” with Rick Rubin

 * By
 + Tyler Cowen
 * October 18, 2023
 * | Podcast Appearance Podcast Appearance

 Is This the AI Renaissance? | Advisor Perspectives’ “The Active Share”

 * By
 + Tyler Cowen
 * September 11, 2023
 * | Podcast Appearance Podcast Appearance

 Reading, Learning & Real-World Economics | “More To Learn”

 * By
 + Tyler Cowen
 * August 30, 2023
 * | Podcast Appearance Podcast Appearance

 How Investor and Entrepreneur Peter Thiel Finds the Most Talented People | Big Think

 * By
 + Tyler Cowen
 * June 23, 2023
 * | Podcast Appearance Podcast Appearance

 Inflation Tips for Small Businesses | Amazon Business Small Business Summit 2023

 * By
 + Tyler Cowen
 * May 3, 2023
 * | Technology and Innovation Technology and Innovation
 * | Podcast Appearance Podcast Appearance

 Bank Runs, The Economy and World-transforming AI | Honestly with Bari Weiss

 * By
 + Tyler Cowen
 * March 21, 2023
 * | Podcast Appearance Podcast Appearance

 AI and China | ChinaTalk

 * By
 + Tyler Cowen
 * January 9, 2023
 * See more
 Testimony & Public Comments

 Latest Work

 * | U.S. Sovereign Debt Crisis: Tipping-Point Scenarios and Crash Dynamics U.S. Sovereign Debt Crisis: Tipping-Point Scenarios and Crash Dynamics
 * | Public Interest Comments Public Interest Comments

 Introduction to Symposium on U.S. Sovereign Debt Crisis: Tipping-Point Scenarios and Crash Dynamics

 * By
 + Tyler Cowen
 * January 23, 2012
 * | Government Spending Government Spending
 * | Public Interest Comments Public Interest Comments

 U.S. Sovereign Debt Crisis: Tipping-Point Scenarios and Crash Dynamics

 * By
 + Tyler Cowen
 + Arnold Kling
 + Garett Jones
 + Peter Wallison
 + Jeffrey Rogers Hummel
 + Joseph Minarik
 * January 23, 2012
 Commentary

 Latest Work

 * | Technology and Innovation Technology and Innovation
 * | Expert Commentary Expert Commentary

 Struggling Cities Face More Pain From AI Boom | Bloomberg Opinion

 * By
 + Tyler Cowen
 * November 24, 2023
 * | Expert Commentary Expert Commentary

 Europe Needs to Move Fast and Break Bureaucracies | Bloomberg Opinion

 * By
 + Tyler Cowen
 * November 9, 2023
 * | Expert Commentary Expert Commentary

 New Laws to Regulate AI Would Be Premature | Bloomberg Opinion

 * By
 + Tyler Cowen
 * October 30, 2023
 * | Expert Commentary Expert Commentary

 For Now, Markets Aren’t Worried About a Wider War | Bloomberg Opinion

 * By
 + Tyler Cowen
 * October 26, 2023
 * | Expert Commentary Expert Commentary

 What Economists Got Wrong About the Great Recession | Bloomberg Opinion

 * By
 + Tyler Cowen
 * October 24, 2023
 * | Technology and Innovation Technology and Innovation
 * | Expert Commentary Expert Commentary

 Stop Worrying That AI Will Cause the Market To Crash | Bloomberg Opinion

 * By
 + Tyler Cowen
 * October 18, 2023
 * | Expert Commentary Expert Commentary

 Sports Are Part of the College Curriculum, Too | Bloomberg Opinion

 * By
 + Tyler Cowen
 * October 14, 2023
 * | Technology and Innovation Technology and Innovation
 * | Expert Commentary Expert Commentary

 How AI Will Remake the Rules of International Trade | Bloomberg Opinion

 * By
 + Tyler Cowen
 * October 11, 2023
 * | Expert Commentary Expert Commentary

 US Higher Education Needs a Revolution. What’s Holding It Back? | Bloomberg Opinion

 * By
 + Tyler Cowen
 * October 6, 2023
 * | Expert Commentary Expert Commentary

 Too Much Misinformation? The Issue Is Demand, Not Supply | Bloomberg Opinion

 * By
 + Tyler Cowen
 * October 3, 2023
 * See more

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Holbert L. Harris Chair of Economics at George Mason University, Distinguished Senior Fellow, F. A. Hayek Program for Advanced Study in Philosophy, Politics, and Economics, Faculty Director, Mercatus Center  
 Tyler Cowen is the Holbert L. Harris Chair of Economics at George Mason University and serves as chairman and faculty director of the Mercatus Center at George Mason University. With colleague Alex Tabarrok, Cowen is coauthor of the popular economics blog     and cofounder of the online educational platform Marginal Revolution University.
A dedicated writer and communicator of economic ideas, Cowen is the author of several bestselling books and is widely published in academic journals and the popular media. Cowen’s latest book is  Talent: How to Identify Energizers, Creatives, and Winners Around the World. He writes a column for Bloomberg View; has contributed extensively to national publications such as the New York Times, Wall Street Journal and Money; and serves on the advisory boards of both Wilson Quarterly and American Interest. His research has been published in the American Economic Review, the Journal of Political Economy, Ethics, and Philosophy and Public Affairs.
Cowen is host of Conversations with Tyler, a popular podcast series featuring today's most underrated thinkers in wide-ranging explorations of their work, the world, and everything in between. Past guests include David Brooks, Malcolm Gladwell, and Kareem Abdul-Jabbar.
In 2011, Bloomberg Businessweek profiled Cowen as “America’s Hottest Economist” after his e-book, The Great Stagnation, appeared twice on the New York Times e-book bestseller list. Columnist David Brooks declared it “the most debated nonfiction book so far this year.” Foreign Policy named Cowen as one of 2011’s “Top 100 Global Thinkers,” and an Economist survey counted him as one of the most influential economists of the last decade.
Cowen graduated from George Mason University with a BS in economics and received his PhD in economics from Harvard University.
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Tyler Cowen
https://www.mercatus.org/scholars/tyler-cowen
https://en.wikipedia.org/wiki/Tyler_Cowen
Tyler Cowen - Wikipedia
2005-07-12
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<div><div>
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<p>"Marginal Revolution (blog)" redirects here. For the blog's other co-author, see <a href="/wiki/Alex_Tabarrok">Alex Tabarrok</a>.</p>
<table><tbody><tr><th><p>Tyler Cowen</p></th></tr><tr><td><a href="/wiki/File:Tyler_Cowen_1.jpg"></a></td></tr><tr><th>Born</th><td>January 21, 1962 (age 61)<br /><div><p><a href="/wiki/Bergen_County,_New_Jersey">Bergen County, New Jersey</a>, U.S.</p></div></td></tr><tr><td></td></tr><tr><th>Institution</th><td><a href="/wiki/George_Mason_University">George Mason University</a></td></tr><tr><th>Field</th><td><a href="/wiki/Cultural_economics">Cultural economics</a></td></tr><tr><th>School or<br />tradition</th><td><a href="/wiki/Neoclassical_economics">Neoclassical economics</a><br /><a href="/wiki/Libertarianism_in_the_United_States">American libertarianism</a></td></tr><tr><th>Alma mater</th><td><a href="/wiki/George_Mason_University">George Mason University</a> (<a href="/wiki/Bachelor_of_Science">BS</a>)<br /><a href="/wiki/Harvard_University">Harvard University</a> (<a href="/wiki/Master_of_Science">MS</a>, <a href="/wiki/Doctor_of_Philosophy">PhD</a>)</td></tr><tr><th>Doctoral<br />advisor</th><td><a href="/wiki/Thomas_Schelling">Thomas Schelling</a></td></tr><tr><th>Influences</th><td><a href="/wiki/Chicago_school_(economics)">Chicago School</a><br /><a href="/wiki/Carl_Menger">Carl Menger</a><br /><a href="/wiki/Plato">Plato</a><sup><a href="#cite_note-1">[1]</a></sup></td></tr></tbody></table>
<p><b>Tyler Cowen</b> (; born January 21, 1962) is an American <a href="/wiki/Economist">economist</a>, columnist and blogger. He is a professor at <a href="/wiki/George_Mason_University">George Mason University</a>, where he holds the Holbert L. Harris chair in the economics department.<sup><a href="#cite_note-2">[2]</a></sup> He hosts the economics <a href="/wiki/Blog">blog</a> <i>Marginal Revolution</i>, together with co-author <a href="/wiki/Alex_Tabarrok">Alex Tabarrok</a>. Cowen and Tabarrok also maintain the website Marginal Revolution University, a venture in <a href="/wiki/Online_education">online education</a>.
</p><p>Cowen writes the "Economic Scene" column for <i><a href="/wiki/The_New_York_Times">The New York Times</a></i> and since July 2016 has been a regular opinion columnist at <i><a href="/wiki/Bloomberg_L.P.">Bloomberg Opinion</a></i>.<sup><a href="#cite_note-3">[3]</a></sup> He also writes for such publications as <i><a href="/wiki/The_New_Republic">The New Republic</a></i>, <i><a href="/wiki/The_Wall_Street_Journal">The Wall Street Journal</a></i>, <i><a href="/wiki/Forbes">Forbes</a></i>, <i><a href="/wiki/Newsweek">Newsweek</a></i> and the <i><a href="/wiki/Wilson_Quarterly">Wilson Quarterly</a></i>. He serves as general director of George Mason's <a href="/wiki/Mercatus_Center">Mercatus Center</a>, a university <a href="/wiki/Research_institute">research center</a> that focuses on the <a href="/wiki/Market_economy">market economy</a>. Since 2015, he has hosted the podcast <i>Conversations with Tyler</i>.<sup><a href="#cite_note-4">[4]</a></sup> In September, 2018, Tyler and his team at George Mason University launched Emergent Ventures, a grant and fellowship focused on "moon-shot" ideas.<sup><a href="#cite_note-5">[5]</a></sup>
</p><p>He was ranked at number 72 among the "Top 100 Global Thinkers" in 2011 by <i><a href="/wiki/Foreign_Policy_Magazine">Foreign Policy Magazine</a></i> "for finding markets in everything".<sup><a href="#cite_note-6">[6]</a></sup> In a 2011 poll of experts by <i><a href="/wiki/The_Economist">The Economist</a></i>, Cowen was included in the top 36 nominations of "which economists were most influential over the past decade".<sup><a href="#cite_note-econ-7">[7]</a></sup>
</p>
<h2>Education and personal life[<a href="/w/index.php?title=Tyler_Cowen&amp;action=edit&amp;section=1">edit</a>]</h2>
<p>Cowen was raised in <a href="/wiki/Hillsdale,_New_Jersey">Hillsdale, New Jersey</a><sup><a href="#cite_note-8">[8]</a></sup> and attended <a href="/wiki/Pascack_Valley_High_School">Pascack Valley High School</a>.<sup><a href="#cite_note-9">[9]</a></sup> At 15, he became the youngest ever <a href="/wiki/New_Jersey">New Jersey</a> state <a href="/wiki/Chess">chess</a> champion.<sup><a href="#cite_note-10">[10]</a></sup><sup><a href="#cite_note-11">[11]</a></sup> Cowen is of <a href="/wiki/Irish_Americans">Irish ancestry</a>.<sup><a href="#cite_note-12">[12]</a></sup>
</p><p>He graduated from <a href="/wiki/George_Mason_University">George Mason University</a> with a <a href="/wiki/Bachelor_of_Science">Bachelor of Science</a> degree in <a href="/wiki/Economics">economics</a> in 1983 and received his <a href="/wiki/Doctor_of_Philosophy">PhD</a> in economics from <a href="/wiki/Harvard_University">Harvard University</a> in 1987 with his thesis titled <i>Essays in the theory of welfare economics</i>. At Harvard, he was mentored by <a href="/wiki/Game_theory">game theorist</a> <a href="/wiki/Thomas_Schelling">Thomas Schelling</a>, the 2005 recipient of the <a href="/wiki/Nobel_Memorial_Prize_in_Economics">Nobel Memorial Prize in Economics</a>. He is married to Natasha Cowen, a lawyer.
</p>
<h2>Writings[<a href="/w/index.php?title=Tyler_Cowen&amp;action=edit&amp;section=2">edit</a>]</h2>
<h3>Culture[<a href="/w/index.php?title=Tyler_Cowen&amp;action=edit&amp;section=3">edit</a>]</h3>
<p>The <i><a href="/wiki/Los_Angeles_Times">Los Angeles Times</a></i> has described Cowen as "a man who can talk about <a href="/wiki/Haitian_Vodou">Haitian voodoo</a> flags, <a href="/wiki/Cinema_of_Iran">Iranian cinema</a>, <a href="/wiki/Hong_Kong_cuisine">Hong Kong cuisine</a>, <a href="/wiki/Abstract_Expressionism">Abstract Expressionism</a>, <a href="/wiki/Zaire">Zairian</a> music and <a href="/wiki/Mexican_handcrafts_and_folk_art">Mexican folk art</a> with seemingly equal facility".<sup><a href="#cite_note-13">[13]</a></sup> One of Cowen's primary research interests is the economics of culture. He has written books on fame (<i>What Price Fame?</i>), art (<i>In Praise of Commercial Culture</i>) and cultural trade (<i>Creative Destruction: How Globalization Is Changing the World's Cultures</i>). In <i>Markets and Cultural Voices</i>, he relays how <a href="/wiki/Globalization">globalization</a> is changing the world of three <a href="/wiki/Mexican_people">Mexican</a> <a href="/wiki/Amatl">amate</a> painters.<sup><a href="#cite_note-14">[14]</a></sup> Cowen argues that <a href="/wiki/Free_markets">free markets</a> change culture for the better, allowing them to evolve into something more people want. Other books include <i>Public Goods and Market Failures</i>, <i>The Theory of Market Failure</i>, <i>Explorations in the New Monetary Economics</i>, <i>Risk and Business Cycles</i>, <i>Economic Welfare</i> and <i>New Theories of Market Failure</i>.
</p>
<h3>Books[<a href="/w/index.php?title=Tyler_Cowen&amp;action=edit&amp;section=4">edit</a>]</h3>
<div><p><a href="/wiki/File:Tyler_Cowen_-_The_Great_Stagnation.jpg"></a></p></div>
<ul><li><i>Talent: How to Identify Energizers, Creatives, and Winners Around the World</i>, with Daniel Gross. New York: St. Martin's Press, 2022, <a href="/wiki/ISBN_(identifier)">ISBN</a> <a href="/wiki/Special:BookSources/978-1250275813">978-1250275813</a>, <a href="/wiki/OCLC_(identifier)">OCLC</a> <a href="https://www.worldcat.org/oclc/1227086238">1227086238</a>.</li>
<li><i>Big Business: A Love Letter to an American Anti-Hero.</i> New York: St. Martin's Press, 2019. <a href="/wiki/ISBN_(identifier)">ISBN</a> <a href="/wiki/Special:BookSources/978-1250110541">978-1250110541</a>, <a href="/wiki/OCLC_(identifier)">OCLC</a> <a href="https://www.worldcat.org/oclc/1031569569">1031569569</a>.</li>
<li><cite><i>Stubborn Attachments: A Vision for a Society of Free, Prosperous, and Responsible Individuals</i>. Stripe Press. 2018. <a href="/wiki/ISBN_(identifier)">ISBN</a> <a href="/wiki/Special:BookSources/978-1732265134"><bdi>978-1732265134</bdi></a>.</cite></li>
<li><cite><i>The Complacent Class: The Self-Defeating Quest for the American Dream</i>. New York: St. Martins Press. 2017. <a href="/wiki/ISBN_(identifier)">ISBN</a> <a href="/wiki/Special:BookSources/978-1250108692"><bdi>978-1250108692</bdi></a>. <a href="/wiki/OCLC_(identifier)">OCLC</a> <a href="//www.worldcat.org/oclc/981982936">981982936</a>.</cite>.</li>
<li><cite><a href="/wiki/Average_is_Over"><i>Average is Over: Powering America Beyond the Age of the Great Stagnation</i></a>. Dutton Adult. 2013. p. 304. <a href="/wiki/ISBN_(identifier)">ISBN</a> <a href="/wiki/Special:BookSources/978-0525953739"><bdi>978-0525953739</bdi></a>.</cite> (<a href="/wiki/Average_is_Over">Wikipedia page</a>)</li>
<li>With Alex Tabarrok: <cite><a href="https://archive.org/details/isbn_9781429274814"><i>Modern Principles of Economics</i></a> (2 ed.). Worth Publishers. 2012. p. 900. <a href="/wiki/ISBN_(identifier)">ISBN</a> <a href="/wiki/Special:BookSources/978-1429239974"><bdi>978-1429239974</bdi></a>.</cite></li>
<li><cite><a href="https://archive.org/details/economistgetslun0000cowe"><i>An Economist Gets Lunch: New Rules for Everyday Foodies</i></a>. New York: Dutton Adult. 2012. <a href="/wiki/ISBN_(identifier)">ISBN</a> <a href="/wiki/Special:BookSources/978-0525952664"><bdi>978-0525952664</bdi></a>. <a href="/wiki/OCLC_(identifier)">OCLC</a> <a href="//www.worldcat.org/oclc/839314802">839314802</a>.</cite></li>
<li><cite><a href="/wiki/The_Great_Stagnation"><i>The Great Stagnation: How America Ate All the Low-Hanging Fruit of Modern History, Got Sick, and Will (Eventually) Feel Better</i></a>. Dutton Adult. 2011. <a href="/wiki/ISBN_(identifier)">ISBN</a> <a href="/wiki/Special:BookSources/978-0525952718"><bdi>978-0525952718</bdi></a>. <a href="/wiki/OCLC_(identifier)">OCLC</a> <a href="//www.worldcat.org/oclc/714718051">714718051</a>.</cite></li>
<li><i>The Age of the Infovore: Succeeding in the Information Economy (2010)</i></li>
<li><cite><a href="https://archive.org/details/createyourowneco00cowe_0"><i>Create Your Own Economy: The Path to Prosperity in a Disordered World</i></a>. Dutton Adult. 2009. <a href="/wiki/ISBN_(identifier)">ISBN</a> <a href="/wiki/Special:BookSources/978-0525951230"><bdi>978-0525951230</bdi></a>.</cite></li>
<li><cite><a href="https://archive.org/details/discoveryourinne00cowe"><i>Discover Your Inner Economist: Use Incentives to Fall in Love, Survive Your Next Meeting, and Motivate Your Dentist</i></a>. Dutton Adult. 2007. <a href="/wiki/ISBN_(identifier)">ISBN</a> <a href="/wiki/Special:BookSources/978-0525950257"><bdi>978-0525950257</bdi></a>.</cite></li>
<li><cite><a href="https://books.google.com/books?id=ISjsafTlM6sC"><i>Good and Plenty: The Creative Successes of American Arts Funding</i></a>. Princeton, NJ: <a href="/wiki/Princeton_University_Press">Princeton University Press</a>. 2006. <a href="/wiki/ISBN_(identifier)">ISBN</a> <a href="/wiki/Special:BookSources/978-0691120423"><bdi>978-0691120423</bdi></a>.</cite></li>
<li><cite><a href="https://books.google.com/books?id=zK6slb9fZykC"><i>Markets and Cultural Voices: Liberty vs. Power in the Lives of Mexican Amate Painters (Economics, Cognition, and Society)</i></a>. <a href="/wiki/University_of_Michigan_Press">University of Michigan Press</a>. 2005. <a href="/wiki/ISBN_(identifier)">ISBN</a> <a href="/wiki/Special:BookSources/978-0472068890"><bdi>978-0472068890</bdi></a>.</cite></li>
<li><cite><a href="https://books.google.com/books?id=MpMSGL-rwa4C"><i>Creative Destruction: How Globalization Is Changing the World's Cultures</i></a>. Princeton, NJ: Princeton University Press. 2004. <a href="/wiki/ISBN_(identifier)">ISBN</a> <a href="/wiki/Special:BookSources/978-0691117836"><bdi>978-0691117836</bdi></a>.</cite></li>
<li><cite><a href="https://books.google.com/books?id=8-yXfKdMpxgC"><i>What Price Fame?</i></a>. Cambridge, MA: <a href="/wiki/Harvard_University_Press">Harvard University Press</a>. 2002. <a href="/wiki/ISBN_(identifier)">ISBN</a> <a href="/wiki/Special:BookSources/978-0674008090"><bdi>978-0674008090</bdi></a>.</cite></li>
<li><cite><a href="https://books.google.com/books?id=ADydOEGjQQgC"><i>In Praise of Commercial Culture</i></a>. Cambridge, MA: Harvard University Press. 2000. <a href="/wiki/ISBN_(identifier)">ISBN</a> <a href="/wiki/Special:BookSources/978-0674001886"><bdi>978-0674001886</bdi></a>.</cite></li>
<li><cite><a href="https://books.google.com/books?id=gOJhRL9EfdwC&amp;q=tyler+cowen"><i>Risk and Business Cycles: New and Old Austrian Perspectives</i></a>. Psychology Press. 1998. <a href="/wiki/ISBN_(identifier)">ISBN</a> <a href="/wiki/Special:BookSources/978-0415169196"><bdi>978-0415169196</bdi></a>.</cite></li>
<li>Explorations in the New Monetary Economics (1994)</li>
<li><cite><a href="https://books.google.com/books?id=a1IZuGvXxTMC"><i>Public Goods and Market Failures: A Critical Examination</i></a> (2 ed.). New Brunswick, NJ: Transaction Publishers. 1991. <a href="/wiki/ISBN_(identifier)">ISBN</a> <a href="/wiki/Special:BookSources/978-1560005704"><bdi>978-1560005704</bdi></a>.</cite></li></ul>
<h3><i>The New York Times</i> columns[<a href="/w/index.php?title=Tyler_Cowen&amp;action=edit&amp;section=5">edit</a>]</h3>
<p>Cowen's <i>New York Times</i> columns cover a wide range of issues such as the 2008 financial crisis.<sup><a href="#cite_note-15">[15]</a></sup>
</p>
<h3>Dining guide[<a href="/w/index.php?title=Tyler_Cowen&amp;action=edit&amp;section=6">edit</a>]</h3>
<p>His dining guide for the <a href="/wiki/Washington_Metropolitan_Area">D.C. area</a>, "Tyler Cowen's Ethnic Dining Guide",<sup><a href="#cite_note-16">[16]</a></sup> has been written about by <i><a href="/wiki/The_Washington_Post">The Washington Post</a></i><sup><a href="#cite_note-17">[17]</a></sup> and <i><a href="/wiki/Washington_City_Paper">Washington City Paper</a></i>.<sup><a href="#cite_note-18">[18]</a></sup>
</p>
<h2>Political philosophy[<a href="/w/index.php?title=Tyler_Cowen&amp;action=edit&amp;section=7">edit</a>]</h2>
<p>Cowen has written papers on political philosophy and ethics. He co-wrote a paper with philosopher <a href="/wiki/Derek_Parfit">Derek Parfit</a> arguing against the <a href="/wiki/Social_discount_rate">social discount rate</a>.<sup><a href="#cite_note-19">[19]</a></sup> In a 2006 paper, he argued that the <a href="/wiki/Uncertainty">epistemic problem</a> fails to refute <a href="/wiki/Consequentialism">consequentialism</a>.<sup><a href="#cite_note-20">[20]</a></sup>
</p><p>Cowen has been described as a "<a href="/wiki/Libertarianism_in_the_United_States">libertarian</a> bargainer" who can influence practical policy making,<sup><a href="#cite_note-21">[21]</a></sup> yet he endorsed bank bailouts in his March 2, 2009 column in <i>The New York Times</i>.<sup><a href="#cite_note-22">[22]</a></sup> In a 2007 article entitled "The Paradox of Libertarianism", Cowen argued that libertarians "should embrace a world with growing wealth, growing positive liberty, and yes, growing government. We don't have to favor the growth in government <i>per se</i>, but we do need to recognize that sometimes it is a package deal".<sup><a href="#cite_note-23">[23]</a></sup>
</p><p>In 2012, <a href="/wiki/David_Brooks_(journalist)">David Brooks</a> called Cowen "one of the most influential bloggers on the <a href="/wiki/Right-wing_politics">right</a>", writing that he is among those who "start from broadly libertarian premises but do not apply them in a <a href="/wiki/Dogma">doctrinaire</a> way".<sup><a href="#cite_note-24">[24]</a></sup>
</p><p>In an August, 2014 blog post, Cowen wrote: "Just to summarize, I generally favor much more immigration but not <a href="/wiki/Open_borders">open borders</a>, I am a <a href="/wiki/Modern_liberalism_in_the_United_States">liberal</a> on most but not all <a href="/wiki/Social_issues">social issues</a>, and I am market-oriented on economic issues. On most current foreign policy issues I am genuinely agnostic as to what exactly we should do but skeptical that we are doing the right thing at the moment. I don't like voting for either party or for third parties".<sup><a href="#cite_note-auto-25">[25]</a></sup>
</p><p>In a 2020 New Year's Day Marginal Revolution post, Cowen outlined a philosophical framework he dubbed "State Capacity Libertarianism". State Capacity Libertarianism differs from <a href="/wiki/Classical_liberalism">classical liberalism</a> in that it acknowledges the State's role in funding and executing <a href="/wiki/Megaprojects">megaprojects</a> and a non-isolationist foreign policy.<sup><a href="#cite_note-26">[26]</a></sup>
</p><p>Cowen has described himself as a liberal on most social issues<sup><a href="#cite_note-auto-25">[25]</a></sup> and supports <a href="/wiki/Same-sex_marriage">same-sex marriage</a>.<sup><a href="#cite_note-27">[27]</a></sup> After the Supreme Court issued its holding regarding same-sex marriage, Cowen said that "this is exciting and very positive news. Most of all, it is a breakthrough for those people who can now marry, or exercise the choice not to marry".<sup><a href="#cite_note-28">[28]</a></sup>
</p><p>Cowen is a <a href="/wiki/Teetotalism">teetotaler</a>, stating he is "with the <a href="/wiki/Mormons">Mormons</a>" on alcohol,<sup><a href="#cite_note-29">[29]</a></sup> later stating: "I encourage people to just completely, voluntarily abstain from alcohol and make it a <a href="/wiki/Social_norm">social norm</a>".<sup><a href="#cite_note-30">[30]</a></sup>
</p><p>In July 2019, Cowen co-authored an essay in <i><a href="/wiki/The_Atlantic">The Atlantic</a></i> with <a href="/wiki/Stripe,_Inc.">Stripe</a> co-founder <a href="/wiki/Patrick_Collison">Patrick Collison</a> calling for a "new science of progress".<sup><a href="#cite_note-31">[31]</a></sup> 
</p>
<h2><i>Conversations with Tyler</i>[<a href="/w/index.php?title=Tyler_Cowen&amp;action=edit&amp;section=8">edit</a>]</h2>
<p><i>Conversations with Tyler</i> is Cowen's podcast produced by the Mercatus Center at George Mason. Unlike Marginal Revolution, <i>Conversations</i> is hosted by Cowen exclusively. Guests are usually authors and academics, but have also included athletes (<a href="/wiki/Martina_Navratilova">Martina Navratilova</a>, <a href="/wiki/Kareem_Abdul-Jabbar">Kareem Abdul-Jabbar</a>), military personnel (<a href="/wiki/Stanley_A._McChrystal">Stanley A. McChrystal</a>), entrepreneurs (<a href="/wiki/Mark_Zuckerberg">Mark Zuckerberg</a>, <a href="/wiki/Brian_Armstrong_(businessman)">Brian Armstrong</a>), novelists (<a href="/wiki/Emily_St._John_Mandel">Emily St. John Mandel</a>) and a homeless person from <a href="/wiki/Washington,_D.C.">Washington, D.C.</a> named "Alexander the Grate". 
</p><p>The show has two recurring segments: 
</p>
<ul><li>"<i>Underrated/Overrated</i>", where guests are given a quick-fire list of cultural works or academic concepts and asked to say whether they agree with the general critical response received.</li>
<li><i>The [guest name] Production Function,</i> where guests are asked to describe their personal productivity habits.</li></ul>
<p>In describing the podcast, Cowen repeatedly characterises it as "...the conversation <i>I</i> want to have".<sup><a href="#cite_note-32">[32]</a></sup><sup><a href="#cite_note-33">[33]</a></sup>
</p>
<h2>Publications[<a href="/w/index.php?title=Tyler_Cowen&amp;action=edit&amp;section=9">edit</a>]</h2>
<h3>Selected journal articles[<a href="/w/index.php?title=Tyler_Cowen&amp;action=edit&amp;section=10">edit</a>]</h3>
<ul><li><cite>Cowen, Tyler (December 22, 2011). "An Economic and Rational Choice Approach to the Autism Spectrum and Human Neurodiversity". <i>GMU Working Paper in Economics</i>. <b>11</b> (58). <a href="/wiki/SSRN_(identifier)">SSRN</a> <a href="//papers.ssrn.com/sol3/papers.cfm?abstract_id=1975809">1975809</a>.</cite></li>
<li><cite>Cowen, Tyler (October 7, 2011). "The Microeconomics of Public Choice in Developing Economies: A Case Study of One Mexican Village". <i>The Annual Proceedings of the Wealth and Well-being of Nations</i>. <a href="/wiki/SSRN_(identifier)">SSRN</a> <a href="//papers.ssrn.com/sol3/papers.cfm?abstract_id=1940219">1940219</a>.</cite></li>
<li><cite>Cowen, Tyler; Alexander Tabarrok (October 2000). "An Economic Theory of Avant-Garde and Popular Art, or High and Low Culture". <i>Southern Economic Journal</i>. <b>67</b> (2): 232–253. <a href="/wiki/Doi_(identifier)">doi</a>:<a href="https://doi.org/10.2307%2F1061469">10.2307/1061469</a>. <a href="/wiki/JSTOR_(identifier)">JSTOR</a> <a href="//www.jstor.org/stable/1061469">1061469</a>.</cite></li>
<li><cite>Cowen, Tyler; Amihai Glazer; Katarina Zajc (2000). <a href="http://www.gmu.edu/centers/publicchoice/faculty%20pages/Tyler/credibilitydiscretion.pdf">"Credibility May Require Discretion, Not Rules"</a> (PDF). <i>Journal of Public Economics</i>. <b>76</b> (2): 295–306. <a href="/wiki/Doi_(identifier)">doi</a>:<a href="https://doi.org/10.1016%2FS0047-2727%2899%2900051-1">10.1016/S0047-2727(99)00051-1</a>.</cite></li>
<li><cite>Cowen, Tyler (August 1997). <a href="http://www.gmu.edu/centers/publicchoice/faculty%20pages/Tyler/should%20central%20banks%20target%20CPI%20futures.pdf">"Should the Central Bank Target CPI Futures?"</a> (PDF). <i>Journal of Money, Credit and Banking</i>. <b>29</b> (3): 275–285. <a href="/wiki/Doi_(identifier)">doi</a>:<a href="https://doi.org/10.2307%2F2953693">10.2307/2953693</a>. <a href="/wiki/JSTOR_(identifier)">JSTOR</a> <a href="//www.jstor.org/stable/2953693">2953693</a>.</cite></li>
<li><cite>Cowen, Tyler; Daniel Sutter (1997). <a href="http://www.gmu.edu/centers/publicchoice/faculty%20pages/Tyler/politicsandpursuitoffame.PDF">"Politics and the Pursuit of Fame"</a> (PDF). <i>Public Choice</i>. <b>93</b>: 19–35. <a href="/wiki/Doi_(identifier)">doi</a>:<a href="https://doi.org/10.1023%2FA%3A1017939531594">10.1023/A:1017939531594</a>. <a href="/wiki/S2CID_(identifier)">S2CID</a> <a href="https://api.semanticscholar.org/CorpusID:152467126">152467126</a>.</cite></li>
<li><cite>Cowen, T.; Robin Grier (1996). <a href="http://www.gmu.edu/centers/publicchoice/faculty%20pages/Tyler/cost-disease.PDF">"Do <i>Artists</i> Suffer From A Cost Disease?"</a> (PDF). <i>Rationality and Society</i>. <b>8</b> (1): 5–24. <a href="/wiki/Doi_(identifier)">doi</a>:<a href="https://doi.org/10.1177%2F104346396008001001">10.1177/104346396008001001</a>. <a href="/wiki/S2CID_(identifier)">S2CID</a> <a href="https://api.semanticscholar.org/CorpusID:153392382">153392382</a>.</cite></li>
<li><cite>Cowen, Tyler; Amihai Glazer (1996). <a href="http://www.gmu.edu/centers/publicchoice/faculty%20pages/Tyler/moremonitoring.pdf">"More Monitoring Can Induce Less Effort"</a> (PDF). <i>Journal of Economic Behavior and Organization</i>. <b>30</b>: 113–123. <a href="/wiki/Doi_(identifier)">doi</a>:<a href="https://doi.org/10.1016%2FS0167-2681%2896%2900845-1">10.1016/S0167-2681(96)00845-1</a>.</cite></li>
<li><cite>Cowen, Tyler; Alexander Tabarrok (April 1995). <a href="http://www.gmu.edu/centers/publicchoice/faculty%20pages/Tyler/goodgrapes.pdf">"Good Grapes and Bad Lobsters: Applying the Alchian and Allen Theorem"</a> (PDF). <i>Economic Inquiry</i>. <b>33</b> (2): 253–256. <a href="/wiki/Doi_(identifier)">doi</a>:<a href="https://doi.org/10.1111%2Fj.1465-7295.1995.tb01860.x">10.1111/j.1465-7295.1995.tb01860.x</a>.</cite></li>
<li><cite>Cowen, Tyler; <a href="/wiki/Randall_Kroszner">Randall Kroszner</a> (May 1989). "Scottish Banking before 1845: A Model for Laissez-Faire?". <i><a href="/wiki/Journal_of_Money,_Credit_and_Banking">Journal of Money, Credit and Banking</a></i>. <b>21</b> (2): 221–231. <a href="/wiki/Doi_(identifier)">doi</a>:<a href="https://doi.org/10.2307%2F1992370">10.2307/1992370</a>. <a href="/wiki/JSTOR_(identifier)">JSTOR</a> <a href="//www.jstor.org/stable/1992370">1992370</a>.</cite></li>
<li><cite>Cowen, Tyler; Richard Fink (September 1985). "Inconsistent Equilibrium Constructs: The Evenly Rotating Economy of Mises and Rothbard". <i><a href="/wiki/American_Economic_Review">American Economic Review</a></i>. <b>75</b> (4): 866–869. <a href="/wiki/JSTOR_(identifier)">JSTOR</a> <a href="//www.jstor.org/stable/1821365">1821365</a>.</cite></li></ul>
<h3>Select articles[<a href="/w/index.php?title=Tyler_Cowen&amp;action=edit&amp;section=11">edit</a>]</h3>
<ul><li><cite>Cowen, Tyler (August 11, 2012). <a href="https://www.nytimes.com/2012/08/12/business/two-ways-to-see-chinas-problems-economic-view.html?_r=1">"Two Prisms for Looking at China's Problems"</a>. <i>New York Times</i>.</cite></li>
<li><cite>Cowen, Tyler (June 16, 2012). <a href="https://www.nytimes.com/2012/06/17/business/broken-trust-takes-time-to-mend-economic-view.html">"Broken Trust Takes Time to Mend"</a>. <i>New York Times</i>.</cite></li>
<li><cite><a href="https://web.archive.org/web/20131021035542/http://www.the-american-interest.com/article.cfm?piece=1227">"What Export-Oriented America Means"</a>. <i>The American Interest</i>. May–June 2012. Archived from <a href="http://www.the-american-interest.com/article.cfm?piece=1227">the original</a> on October 21, 2013.</cite></li>
<li><cite><a href="https://www.theatlantic.com/magazine/archive/2012/05/six-rules-for-dining-out/308929/">"Six Rules for Dining Out"</a>. <i>The Atlantic</i>. May 2012.</cite></li>
<li><cite><a href="https://web.archive.org/web/20120816071546/http://www.foreignpolicy.com/articles/2011/11/28/6_ideas_for_the_ash_heap_of_history?page=full">"6 Ideas for the Ash Heap of History"</a>. <i>Foreign Policy</i>. November 28, 2011. Archived from <a href="https://foreignpolicy.com/articles/2011/11/28/6_ideas_for_the_ash_heap_of_history?page=full">the original</a> on August 16, 2012. Retrieved September 12, 2012.</cite></li>
<li><cite><a href="https://web.archive.org/web/20131021035539/http://www.the-american-interest.com/article.cfm?piece=907">"The Inequality That Matters"</a>. <i>The American Interest</i>. January–February 2011. Archived from <a href="http://www.the-american-interest.com/article.cfm?piece=907">the original</a> on October 21, 2013.</cite></li>
<li><a href="https://www.nytimes.com/2014/06/14/upshot/the-lack-of-major-wars-may-be-hurting-economic-growth.html?hp&amp;rref=opinion">"The Lack of Wars May Be Hurting Economic Growth"- NYTimes, June 14, 2014</a></li></ul>
<h2>References[<a href="/w/index.php?title=Tyler_Cowen&amp;action=edit&amp;section=12">edit</a>]</h2>
<div><ol>
<li><b><a href="#cite_ref-1">^</a></b> <cite>Illing, Sean (June 3, 2017). <a href="https://web.archive.org/web/20170605204825/https://www.vox.com/9-questions/2017/6/3/15726420/tyler-cowen-9-questions-interview">"9 questions for Tyler Cowen"</a>. <a href="/wiki/Vox_Media">Vox Media</a>. Archived from <a href="https://www.vox.com/9-questions/2017/6/3/15726420/tyler-cowen-9-questions-interview">the original</a> on June 5, 2017. <q>Who is the person who has most influenced the way you think? [...] More proximately, I would cite economics as a discipline and <a href="/wiki/Plato">Plato</a>'s dialogic method for philosophy</q></cite>
</li>
<li><b><a href="#cite_ref-2">^</a></b> <cite><a href="https://www.mercatus.org/scholars/tyler-cowen">"Tyler Cowen"</a>. <i>Mercatus Center</i>. George Mason University. August 15, 2008. Retrieved October 13, 2019.</cite>
</li>
<li><b><a href="#cite_ref-3">^</a></b> <a href="https://www.bloomberg.com/view/contributors/AS6n2t3d_iA/tyler-cowen">Tyler Cowen, columnist</a> <i>Bloomberg</i>
</li>
<li><b><a href="#cite_ref-4">^</a></b> <cite><a href="https://conversationswithtyler.com/">"Conversations with Tyler | Listen to Tyler Cowen's Official Podcast"</a>. <i>conversationswithtyler.com</i>.</cite>
</li>
<li><b><a href="#cite_ref-5">^</a></b> <cite><a href="https://techcrunch.com/2018/09/13/economist-tyler-cowen-launches-a-fellowship-and-grant-program-for-moon-shot-ideas/">"Economist Tyler Cowen Launches a Fellowship and Grant Program for Moon Shot Ideas"</a>. TechCrunch.com. September 13, 2018.</cite>
</li>
<li><b><a href="#cite_ref-6">^</a></b> <cite><a href="https://web.archive.org/web/20120416082704/http://www.foreignpolicy.com/articles/2011/11/28/the_fp_top_100_global_thinkers?page=0,44">"The FP Top 100 Global Thinkers (#72 Tyler Cowan:For finding markets in everything)"</a>. <i><a href="/wiki/Foreign_Policy">Foreign Policy</a></i>. December 2011. Archived from <a href="https://foreignpolicy.com/articles/2011/11/28/the_fp_top_100_global_thinkers?page=0,44">the original</a> on April 16, 2012. Retrieved March 21, 2012.</cite>
</li>
<li><b><a href="#cite_ref-econ_7-0">^</a></b> <cite><a href="https://www.economist.com/blogs/freeexchange/2011/02/economics&amp;fsrc=nwl">"Economics' most influential people"</a>. Economist.com. February 1, 2011. Retrieved June 30, 2012.</cite>
</li>
<li><b><a href="#cite_ref-8">^</a></b> Rosenwald, Michael S. <a href="https://www.washingtonpost.com/wp-dyn/content/article/2010/05/12/AR2010051202637_2.html?sid=ST2010051302200">"Tyler Cowen's appetite for ethnic food – and answers about his life"</a>, <i><a href="/wiki/The_Washington_Post">The Washington Post</a></i>, May 13, 2010. Accessed November 2, 2017. "Cowen is 48. He grew up in Hillsdale, N.J., an hour's drive from New York."
</li>
<li><b><a href="#cite_ref-9">^</a></b> <a href="https://www.newspapers.com/newspage/473473507/">"Chess"</a>, <i>The Ridgewood News</i>, September 12, 1976. Accessed March 19, 2021, via <a href="/wiki/Newspapers.com">Newspapers.com</a>. "Tyler Cowen, 14, of Hillsdale, a freshman at Pascack Valley High School, trounced Ruth Cardoso of Jersey City, the state's women's chess champion."
</li>
<li><b><a href="#cite_ref-10">^</a></b> <cite><a href="http://www.kenilworthchessclub.org/kenilworthian/2006/09/interview-with-former-youngest-new.html">"Interview with the Former "Youngest New Jersey Chess Champion," Tyler Cowen"</a>. Kenilworthchessclub.org. September 8, 2006. Retrieved June 30, 2012.</cite>
</li>
<li><b><a href="#cite_ref-11">^</a></b> <a href="https://archive.today/20120711090647/http://njscf.org/?page_id=84">New Jersey State Champions 1946 – Present</a> <i>New Jersey State Chess Federation</i>, Official Site
</li>
<li><b><a href="#cite_ref-12">^</a></b> <cite>Haidt, Jonathan (March 28, 2016). <a href="https://medium.com/conversations-with-tyler/a-conversation-with-jonathan-haidt-35f76604464a">"Jonathan Haidt on Morality, Politics, Disgust, and Intellectual Diversity on Campus (Ep. 8)"</a> (Interview). Interviewed by Tyler Cowen. <a href="/wiki/Medium_(website)">Medium</a>. Retrieved August 26, 2019.</cite>
</li>
<li><b><a href="#cite_ref-13">^</a></b> <a href="https://web.archive.org/web/20130827103632/http://articles.latimes.com/2003/feb/07/entertainment/et-akst7">The joy of thinking globally</a> archived 27 August 2013 at the <a href="/wiki/Wayback_Machine">Wayback Machine</a>, February 7, 2003, Daniel Akst, <i>Los Angeles Times</i>
</li>
<li><b><a href="#cite_ref-14">^</a></b> <cite>Cowen, Tyler (2009). <i>Markets and Cultural Voices</i>. University of Michigan Press.</cite>
</li>
<li><b><a href="#cite_ref-15">^</a></b> <a href="https://www.nytimes.com/2008/09/14/business/14view.html?_r=2&amp;scp=1&amp;sq=tyler%20cowen&amp;st=cse&amp;oref=slogin&amp;oref=slogin">"Too Few Regulations? No, Just Ineffective Ones"</a>.
</li>
<li><b><a href="#cite_ref-16">^</a></b> <a href="https://tylercowensethnicdiningguide.com/index.php/welcome/">"Tyler Cowen Ethnic Dining Guide"</a>. Cowen released the guide's <a href="https://tylercowensethnicdiningguide.com/wp/wp-content/uploads/2019/07/2019_06_Tyler_Cowen_Food.pdf">31st edition</a> in 2019.
</li>
<li><b><a href="#cite_ref-17">^</a></b> <cite>III, Douglas Hanks (June 20, 2001). <a href="https://www.washingtonpost.com/archive/lifestyle/food/2001/06/20/the-lone-critic/c7f033ad-2aee-49be-ac32-063c0520c20b/">"The Lone Critic"</a>. <i>Washington Post</i>. <a href="/wiki/ISSN_(identifier)">ISSN</a> <a href="//www.worldcat.org/issn/0190-8286">0190-8286</a>. Retrieved December 8, 2021.</cite>
</li>
<li><b><a href="#cite_ref-18">^</a></b> <cite>Carman, Tim (January 30, 2009). <a href="http://washingtoncitypaper.com/article/370500/tyler-cowen-unleashes-the-latest-edition-of-his-ethnic-dining-guide/">"Tyler Cowen Unleashes the Latest Edition of His Ethnic Dining Guide"</a>. <i>Washington City Paper</i>. Retrieved December 8, 2021.</cite>
</li>
<li><b><a href="#cite_ref-19">^</a></b> "Against the social discount rate" by Derek Parfit and Tyler Cowen, in Peter Laslett &amp; James S. Fishkin (eds.) <i>Justice between age groups and generations</i>, Yale University Press: New Haven, 1992, pp. 144–161.
</li>
<li><b><a href="#cite_ref-20">^</a></b> <a href="http://citeseerx.ist.psu.edu/viewdoc/download?doi=10.1.1.357.2120&amp;rep=rep1&amp;type=pdf">"The Epistemic Problem Does Not Refute Consequentialism"</a> by Tyler Cowen, Utilitas (2006), 18: 383–399, <a href="https://web.archive.org/web/20210926182645/http://citeseerx.ist.psu.edu/viewdoc/download?doi=10.1.1.357.2120&amp;rep=rep1&amp;type=pdf">archived</a> 26 September 2021 at the <a href="/wiki/Wayback_Machine">Wayback Machine</a>.
</li>
<li><b><a href="#cite_ref-21">^</a></b> <a href="/wiki/Daniel_B._Klein">Klein, Daniel B.</a> "<a href="http://www.ratio.se/pdf/wp/wp_dk_mere.pdf">Mere Libertarianism: Blending Hayek and Rothbard</a> <a href="https://web.archive.org/web/20080529174751/http://www.ratio.se/pdf/wp/wp_dk_mere.pdf">Archived</a> May 29, 2008, at the <a href="/wiki/Wayback_Machine">Wayback Machine</a>". <i>Reason Papers</i>. Vol. 27: Fall 2004.
</li>
<li><b><a href="#cite_ref-22">^</a></b> <cite>Cowen, Tyler (March 1, 2009). <a href="https://www.nytimes.com/2009/03/01/business/economy/01view.html?_r=1&amp;scp=5&amp;sq=Cowen&amp;st=cse">"Message to Regulators: Bank Fix Needed Quickly"</a>. <i>New York Times</i>.</cite>
</li>
<li><b><a href="#cite_ref-23">^</a></b> <a href="http://www.cato-unbound.org/2007/03/11/tyler-cowen/the-paradox-of-libertarianism/">"The Paradox of Libertarianism"</a>.
</li>
<li><b><a href="#cite_ref-24">^</a></b> <cite>Brooks, David (November 19, 2012). <a href="https://www.nytimes.com/2012/11/20/opinion/brooks-the-conservative-future.html?ref=davidbrooks&amp;_r=2&amp;">"The Conservative Future"</a>. <i>New York Times</i>. Retrieved November 28, 2012.</cite>
</li>
<li>^ <a href="#cite_ref-auto_25-0"><sup><i><b>a</b></i></sup></a> <a href="#cite_ref-auto_25-1"><sup><i><b>b</b></i></sup></a> <cite>Cowen, Tyler (August 4, 2014). <a href="http://marginalrevolution.com/marginalrevolution/2014/08/matt-yglesias-on-tyler-cowen.html">"Matt Yglesias on Tyler Cowen"</a>. <i>Marginal Revolution</i>. Retrieved March 24, 2017.</cite>
</li>
<li><b><a href="#cite_ref-26">^</a></b> <cite>Cowen, Tyler (January 1, 2020). <a href="https://marginalrevolution.com/marginalrevolution/2020/01/what-libertarianism-has-become-and-will-become-state-capacity-libertarianism.html">"What libertarianism has become and will become — State Capacity Libertarianism"</a>. <i>Marginal Revolution</i>. Retrieved October 17, 2021.</cite>
</li>
<li><b><a href="#cite_ref-27">^</a></b> <cite>Cowen, Tyler (April 9, 2009). <a href="https://marginalrevolution.com/marginalrevolution/2009/04/blogging-gay-marriage.html">"A Bayesian approach to legal gay marriage"</a>. <i>Marginal Revolution</i>. Retrieved September 30, 2018.</cite>
</li>
<li><b><a href="#cite_ref-28">^</a></b> <cite>Cowen, Tyler (June 26, 2015). <a href="https://marginalrevolution.com/marginalrevolution/2015/06/legal-gay-marriage.html">"Legal gay marriage"</a>. <i>Marginal Revolution</i>. Retrieved December 2, 2018.</cite>
</li>
<li><b><a href="#cite_ref-29">^</a></b> <cite>Cowen, Tyler (August 12, 2017). <a href="https://marginalrevolution.com/marginalrevolution/2017/08/im-mormons-one.html">"I'm with the Mormons on this one — how about you?"</a>. <i>Marginal Revolution</i>. Retrieved October 27, 2018.</cite>
</li>
<li><b><a href="#cite_ref-30">^</a></b> <cite>Cowen, Tyler (October 16, 2018). <a href="https://medium.com/conversations-with-tyler/tyler-cowen-robert-wiblin-stubborn-attachments-80000-hours-podcast-359aa62aa8ab">"Rob Wiblin interviews Tyler on *Stubborn Attachments* (BONUS)"</a>. Retrieved October 27, 2018.</cite>
</li>
<li><b><a href="#cite_ref-31">^</a></b> <cite>Cowen, Tyler; Collison, Patrick (July 30, 2019). <a href="https://www.theatlantic.com/science/archive/2019/07/we-need-new-science-progress/594946/">"We Need a New Science of Progress"</a>. <i>The Atlantic</i>. Retrieved September 30, 2022.</cite>
</li>
<li><b><a href="#cite_ref-32">^</a></b> <cite><a href="https://conversationswithtyler.com/episodes/tyler-looks-back-on-2019-bonus/">"Tyler Looks Back on 2019 (BONUS)"</a>. <i>conversationswithtyler.com</i>. Retrieved December 6, 2021.</cite>
</li>
<li><b><a href="#cite_ref-33">^</a></b> <cite><a href="https://perell.com/podcast/tyler-cowen-production-function/">"Tyler Cowen: Production Function"</a>. <i>David Perell</i>. Retrieved December 6, 2021.</cite>
</li>
</ol></div>
<h2>External links[<a href="/w/index.php?title=Tyler_Cowen&amp;action=edit&amp;section=13">edit</a>]</h2>
<ul><li><a href="http://mercatus.org/tyler-cowen">Cowen's bio</a> at the <a href="/wiki/Mercatus_Center">Mercatus Center</a></li>
<li><a href="https://publicchoice.gmu.edu/tylercowen">Tyler Cowen's Web Page at GMU</a></li>
<li><a href="http://www.marginalrevolution.com/">Marginal Revolution</a></li>
<li><a href="https://www.c-span.org/person/?49186">Appearances</a> on <a href="/wiki/C-SPAN">C-SPAN</a></li>
<li><a href="https://conversationswithtyler.com/">Conversations with Tyler</a></li>
<li><a href="https://www.nytimes.com/2006/09/07/business/worldbusiness/07scene.html?ex=1315281600&amp;en=840cb033ccee4ee6&amp;ei=5088&amp;partner=rssnyt&amp;emc=rss">China Is Big Trouble for the U.S. Balance of Trade, Right? Well, Not So Fast</a></li>
<li><cite><a href="/wiki/Russ_Roberts">Roberts, Russ</a>. <a href="http://www.econtalk.org/archives/_featuring/tyler_cowen/">"Tyler Cowen Podcasts"</a>. <i><a href="/wiki/EconTalk">EconTalk</a></i>. <a href="/wiki/Library_of_Economics_and_Liberty">Library of Economics and Liberty</a>.</cite></li>
<li><a href="https://www.economist.com/blogs/freeexchange/2007/07/whats_wrong_with_cuteonomics.cfm">What's wrong with cute-o-nomics?</a></li>
<li><a href="http://www.nysun.com/article/63867">Review of Naomi Klein's <i>The Shock Doctrine: The Rise of Disaster Capitalism</i></a></li>
<li><a href="http://nymag.com/arts/books/reviews/34981/">New York Books Review of <i>Discover Your Inner Economist</i></a></li>
<li><a href="https://scholar.google.com/citations?user=9n44NA8AAAAJ">Tyler Cowen</a> publications indexed by <a href="/wiki/Google_Scholar">Google Scholar</a></li>
<li><a href="https://muckrack.com/tyler-cowen">Tyler Cowen</a> on the <i>Muck Rack</i> journalist listing site <a href="https://www.wikidata.org/wiki/Q602278#P6005"></a></li></ul>
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 * (Top)
 * 1 Education and personal life
 * 2 Writings
 + 2.1 Culture
 + 2.2 Books
 + 2.3 The New York Times columns
 + 2.4 Dining guide
 * 3 Political philosophy
 * 4 Conversations with Tyler
 * 5 Publications
 + 5.1 Selected journal articles
 + 5.2 Select articles
 * 6 References
 * 7 External links
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 Tyler Cowen

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 From Wikipedia, the free encyclopedia
 "Marginal Revolution (blog)" redirects here. For the blog's other co-author, see Alex Tabarrok.

 Tyler Cowen
 
 Born January 21, 1962 (age 61) 
 Bergen County, New Jersey, U.S.
 
 Institution George Mason University 
 Field Cultural economics 
 School or Neoclassical economics 
 tradition American libertarianism 
 Alma mater George Mason University (BS) 
 Harvard University (MS, PhD) 
 Doctoral Thomas Schelling 
 advisor 
 Chicago School 
 Influences Carl Menger 
 Plato[1] 
 
 

 Tyler Cowen (/ ˈ k aʊ ən /; born January 21, 1962) is an American economist, columnist and blogger. He is a professor at George Mason University, where he holds the Holbert L. Harris chair in the economics department.[2] He hosts the economics blog Marginal Revolution, together with co-author Alex Tabarrok. Cowen and Tabarrok also maintain the website Marginal Revolution University, a venture in online education.

 Cowen writes the "Economic Scene" column for The New York Times and since July 2016 has been a regular opinion columnist at Bloomberg Opinion.[3] He also writes for such publications as The New Republic, The Wall Street Journal, Forbes, Newsweek and the Wilson Quarterly. He serves as general director of George Mason's Mercatus Center, a university research center that focuses on the market economy. Since 2015, he has hosted the podcast Conversations with Tyler.[4] In September, 2018, Tyler and his team at George Mason University launched Emergent Ventures, a grant and fellowship focused on "moon-shot" ideas.[5]

 He was ranked at number 72 among the "Top 100 Global Thinkers" in 2011 by Foreign Policy Magazine "for finding markets in everything".[6] In a 2011 poll of experts by The Economist, Cowen was included in the top 36 nominations of "which economists were most influential over the past decade".[7]

 Education and personal life [ edit ]

 Cowen was raised in Hillsdale, New Jersey[8] and attended Pascack Valley High School.[9] At 15, he became the youngest ever New Jersey state chess champion.[10][11] Cowen is of Irish ancestry.[12]

 He graduated from George Mason University with a Bachelor of Science degree in economics in 1983 and received his PhD in economics from Harvard University in 1987 with his thesis titled Essays in the theory of welfare economics. At Harvard, he was mentored by game theorist Thomas Schelling, the 2005 recipient of the Nobel Memorial Prize in Economics. He is married to Natasha Cowen, a lawyer.

 Writings [ edit ]

 Culture [ edit ]

 The Los Angeles Times has described Cowen as "a man who can talk about Haitian voodoo flags, Iranian cinema, Hong Kong cuisine, Abstract Expressionism, Zairian music and Mexican folk art with seemingly equal facility".[13] One of Cowen's primary research interests is the economics of culture. He has written books on fame (What Price Fame?), art (In Praise of Commercial Culture) and cultural trade (Creative Destruction: How Globalization Is Changing the World's Cultures). In Markets and Cultural Voices, he relays how globalization is changing the world of three Mexican amate painters.[14] Cowen argues that free markets change culture for the better, allowing them to evolve into something more people want. Other books include Public Goods and Market Failures, The Theory of Market Failure, Explorations in the New Monetary Economics, Risk and Business Cycles, Economic Welfare and New Theories of Market Failure.

 Books [ edit ]

 Cowen presenting his 2011 book The Great Stagnation
 * Talent: How to Identify Energizers, Creatives, and Winners Around the World, with Daniel Gross. New York: St. Martin's Press, 2022, ISBN 978-1250275813, OCLC 1227086238.
 * Big Business: A Love Letter to an American Anti-Hero. New York: St. Martin's Press, 2019. ISBN 978-1250110541, OCLC 1031569569.
 * Stubborn Attachments: A Vision for a Society of Free, Prosperous, and Responsible Individuals. Stripe Press. 2018. ISBN 978-1732265134.
 * The Complacent Class: The Self-Defeating Quest for the American Dream. New York: St. Martins Press. 2017. ISBN 978-1250108692. OCLC 981982936..
 * Average is Over: Powering America Beyond the Age of the Great Stagnation. Dutton Adult. 2013. p. 304. ISBN 978-0525953739. (Wikipedia page)
 * With Alex Tabarrok: Modern Principles of Economics (2 ed.). Worth Publishers. 2012. p. 900. ISBN 978-1429239974.
 * An Economist Gets Lunch: New Rules for Everyday Foodies. New York: Dutton Adult. 2012. ISBN 978-0525952664. OCLC 839314802.
 * The Great Stagnation: How America Ate All the Low-Hanging Fruit of Modern History, Got Sick, and Will (Eventually) Feel Better. Dutton Adult. 2011. ISBN 978-0525952718. OCLC 714718051.
 * The Age of the Infovore: Succeeding in the Information Economy (2010)
 * Create Your Own Economy: The Path to Prosperity in a Disordered World. Dutton Adult. 2009. ISBN 978-0525951230.
 * Discover Your Inner Economist: Use Incentives to Fall in Love, Survive Your Next Meeting, and Motivate Your Dentist. Dutton Adult. 2007. ISBN 978-0525950257.
 * Good and Plenty: The Creative Successes of American Arts Funding. Princeton, NJ: Princeton University Press. 2006. ISBN 978-0691120423.
 * Markets and Cultural Voices: Liberty vs. Power in the Lives of Mexican Amate Painters (Economics, Cognition, and Society). University of Michigan Press. 2005. ISBN 978-0472068890.
 * Creative Destruction: How Globalization Is Changing the World's Cultures. Princeton, NJ: Princeton University Press. 2004. ISBN 978-0691117836.
 * What Price Fame?. Cambridge, MA: Harvard University Press. 2002. ISBN 978-0674008090.
 * In Praise of Commercial Culture. Cambridge, MA: Harvard University Press. 2000. ISBN 978-0674001886.
 * Risk and Business Cycles: New and Old Austrian Perspectives. Psychology Press. 1998. ISBN 978-0415169196.
 * Explorations in the New Monetary Economics (1994)
 * Public Goods and Market Failures: A Critical Examination (2 ed.). New Brunswick, NJ: Transaction Publishers. 1991. ISBN 978-1560005704.

 The New York Times columns [ edit ]

 Cowen's New York Times columns cover a wide range of issues such as the 2008 financial crisis.[15]

 Dining guide [ edit ]

 His dining guide for the D.C. area, "Tyler Cowen's Ethnic Dining Guide",[16] has been written about by The Washington Post[17] and Washington City Paper.[18]

 Political philosophy [ edit ]

 Cowen has written papers on political philosophy and ethics. He co-wrote a paper with philosopher Derek Parfit arguing against the social discount rate.[19] In a 2006 paper, he argued that the epistemic problem fails to refute consequentialism.[20]

 Cowen has been described as a "libertarian bargainer" who can influence practical policy making,[21] yet he endorsed bank bailouts in his March 2, 2009 column in The New York Times.[22] In a 2007 article entitled "The Paradox of Libertarianism", Cowen argued that libertarians "should embrace a world with growing wealth, growing positive liberty, and yes, growing government. We don't have to favor the growth in government per se, but we do need to recognize that sometimes it is a package deal".[23]

 In 2012, David Brooks called Cowen "one of the most influential bloggers on the right", writing that he is among those who "start from broadly libertarian premises but do not apply them in a doctrinaire way".[24]

 In an August, 2014 blog post, Cowen wrote: "Just to summarize, I generally favor much more immigration but not open borders, I am a liberal on most but not all social issues, and I am market-oriented on economic issues. On most current foreign policy issues I am genuinely agnostic as to what exactly we should do but skeptical that we are doing the right thing at the moment. I don't like voting for either party or for third parties".[25]

 In a 2020 New Year's Day Marginal Revolution post, Cowen outlined a philosophical framework he dubbed "State Capacity Libertarianism". State Capacity Libertarianism differs from classical liberalism in that it acknowledges the State's role in funding and executing megaprojects and a non-isolationist foreign policy.[26]

 Cowen has described himself as a liberal on most social issues[25] and supports same-sex marriage.[27] After the Supreme Court issued its holding regarding same-sex marriage, Cowen said that "this is exciting and very positive news. Most of all, it is a breakthrough for those people who can now marry, or exercise the choice not to marry".[28]

 Cowen is a teetotaler, stating he is "with the Mormons" on alcohol,[29] later stating: "I encourage people to just completely, voluntarily abstain from alcohol and make it a social norm".[30]

 In July 2019, Cowen co-authored an essay in The Atlantic with Stripe co-founder Patrick Collison calling for a "new science of progress".[31]

 Conversations with Tyler [ edit ]

 Conversations with Tyler is Cowen's podcast produced by the Mercatus Center at George Mason. Unlike Marginal Revolution, Conversations is hosted by Cowen exclusively. Guests are usually authors and academics, but have also included athletes (Martina Navratilova, Kareem Abdul-Jabbar), military personnel (Stanley A. McChrystal), entrepreneurs (Mark Zuckerberg, Brian Armstrong), novelists (Emily St. John Mandel) and a homeless person from Washington, D.C. named "Alexander the Grate".

 The show has two recurring segments:

 * "Underrated/Overrated", where guests are given a quick-fire list of cultural works or academic concepts and asked to say whether they agree with the general critical response received.
 * The [guest name] Production Function, where guests are asked to describe their personal productivity habits.

 In describing the podcast, Cowen repeatedly characterises it as "...the conversation I want to have".[32][33]

 Publications [ edit ]

 Selected journal articles [ edit ]

 * Cowen, Tyler (December 22, 2011). "An Economic and Rational Choice Approach to the Autism Spectrum and Human Neurodiversity". GMU Working Paper in Economics. 11 (58). SSRN 1975809.
 * Cowen, Tyler (October 7, 2011). "The Microeconomics of Public Choice in Developing Economies: A Case Study of One Mexican Village". The Annual Proceedings of the Wealth and Well-being of Nations. SSRN 1940219.
 * Cowen, Tyler; Alexander Tabarrok (October 2000). "An Economic Theory of Avant-Garde and Popular Art, or High and Low Culture". Southern Economic Journal. 67 (2): 232–253. doi:10.2307/1061469. JSTOR 1061469.
 * Cowen, Tyler; Amihai Glazer; Katarina Zajc (2000). "Credibility May Require Discretion, Not Rules" (PDF) . Journal of Public Economics. 76 (2): 295–306. doi:10.1016/S0047-2727(99)00051-1.
 * Cowen, Tyler (August 1997). "Should the Central Bank Target CPI Futures?" (PDF) . Journal of Money, Credit and Banking. 29 (3): 275–285. doi:10.2307/2953693. JSTOR 2953693.
 * Cowen, Tyler; Daniel Sutter (1997). "Politics and the Pursuit of Fame" (PDF) . Public Choice. 93: 19–35. doi:10.1023/A:1017939531594. S2CID 152467126.
 * Cowen, T.; Robin Grier (1996). "Do Artists Suffer From A Cost Disease?" (PDF) . Rationality and Society. 8 (1): 5–24. doi:10.1177/104346396008001001. S2CID 153392382.
 * Cowen, Tyler; Amihai Glazer (1996). "More Monitoring Can Induce Less Effort" (PDF) . Journal of Economic Behavior and Organization. 30: 113–123. doi:10.1016/S0167-2681(96)00845-1.
 * Cowen, Tyler; Alexander Tabarrok (April 1995). "Good Grapes and Bad Lobsters: Applying the Alchian and Allen Theorem" (PDF) . Economic Inquiry. 33 (2): 253–256. doi:10.1111/j.1465-7295.1995.tb01860.x.
 * Cowen, Tyler; Randall Kroszner (May 1989). "Scottish Banking before 1845: A Model for Laissez-Faire?". Journal of Money, Credit and Banking. 21 (2): 221–231. doi:10.2307/1992370. JSTOR 1992370.
 * Cowen, Tyler; Richard Fink (September 1985). "Inconsistent Equilibrium Constructs: The Evenly Rotating Economy of Mises and Rothbard". American Economic Review. 75 (4): 866–869. JSTOR 1821365.

 Select articles [ edit ]

 * Cowen, Tyler (August 11, 2012). "Two Prisms for Looking at China's Problems". New York Times.
 * Cowen, Tyler (June 16, 2012). "Broken Trust Takes Time to Mend". New York Times.
 * "What Export-Oriented America Means". The American Interest. May–June 2012. Archived from the original on October 21, 2013.
 * "Six Rules for Dining Out". The Atlantic. May 2012.
 * "6 Ideas for the Ash Heap of History". Foreign Policy. November 28, 2011. Archived from the original on August 16, 2012 . Retrieved September 12, 2012 .
 * "The Inequality That Matters". The American Interest. January–February 2011. Archived from the original on October 21, 2013.
 * "The Lack of Wars May Be Hurting Economic Growth"- NYTimes, June 14, 2014

 References [ edit ]

 1. ^ Illing, Sean (June 3, 2017). "9 questions for Tyler Cowen". Vox Media. Archived from the original on June 5, 2017. "Who is the person who has most influenced the way you think? [...] More proximately, I would cite economics as a discipline and "Plato"'s dialogic method for philosophy"
 2. ^ "Tyler Cowen". Mercatus Center. George Mason University. August 15, 2008 . Retrieved October 13, 2019 .
 3. ^ Tyler Cowen, columnist Bloomberg
 4. ^ "Conversations with Tyler | Listen to Tyler Cowen's Official Podcast". conversationswithtyler.com.
 5. ^ "Economist Tyler Cowen Launches a Fellowship and Grant Program for Moon Shot Ideas". TechCrunch.com. September 13, 2018.
 6. ^ "The FP Top 100 Global Thinkers (#72 Tyler Cowan:For finding markets in everything)". Foreign Policy. December 2011. Archived from the original on April 16, 2012 . Retrieved March 21, 2012 .
 7. ^ "Economics' most influential people". Economist.com. February 1, 2011 . Retrieved June 30, 2012 .
 8. ^ Rosenwald, Michael S. "Tyler Cowen's appetite for ethnic food – and answers about his life" , The Washington Post , May 13, 2010. Accessed November 2, 2017. "Cowen is 48. He grew up in Hillsdale, N.J., an hour's drive from New York."
 9. ^ "Chess" , The Ridgewood News , September 12, 1976. Accessed March 19, 2021, via Newspapers.com . "Tyler Cowen, 14, of Hillsdale, a freshman at Pascack Valley High School, trounced Ruth Cardoso of Jersey City, the state's women's chess champion."
 10. ^ "Interview with the Former "Youngest New Jersey Chess Champion," Tyler Cowen". Kenilworthchessclub.org. September 8, 2006 . Retrieved June 30, 2012 .
 11. ^ New Jersey State Champions 1946 – Present New Jersey State Chess Federation , Official Site
 12. ^ Haidt, Jonathan (March 28, 2016). "Jonathan Haidt on Morality, Politics, Disgust, and Intellectual Diversity on Campus (Ep. 8)" (Interview). Interviewed by Tyler Cowen. Medium . Retrieved August 26, 2019 .
 13. ^ The joy of thinking globally archived 27 August 2013 at the Wayback Machine , February 7, 2003, Daniel Akst, Los Angeles Times
 14. ^ Cowen, Tyler (2009). Markets and Cultural Voices. University of Michigan Press.
 15. ^ "Too Few Regulations? No, Just Ineffective Ones" .
 16. ^ "Tyler Cowen Ethnic Dining Guide" . Cowen released the guide's 31st edition in 2019.
 17. ^ III, Douglas Hanks (June 20, 2001). "The Lone Critic". Washington Post. ISSN 0190-8286 . Retrieved December 8, 2021 .
 18. ^ Carman, Tim (January 30, 2009). "Tyler Cowen Unleashes the Latest Edition of His Ethnic Dining Guide". Washington City Paper . Retrieved December 8, 2021 .
 19. ^ "Against the social discount rate" by Derek Parfit and Tyler Cowen, in Peter Laslett & James S. Fishkin (eds.) Justice between age groups and generations , Yale University Press: New Haven, 1992, pp. 144–161.
 20. ^ "The Epistemic Problem Does Not Refute Consequentialism" by Tyler Cowen, Utilitas (2006), 18: 383–399, archived 26 September 2021 at the Wayback Machine .
 21. ^ Klein, Daniel B. " Mere Libertarianism: Blending Hayek and Rothbard Archived May 29, 2008, at the Wayback Machine ". Reason Papers . Vol. 27: Fall 2004.
 22. ^ Cowen, Tyler (March 1, 2009). "Message to Regulators: Bank Fix Needed Quickly". New York Times.
 23. ^ "The Paradox of Libertarianism" .
 24. ^ Brooks, David (November 19, 2012). "The Conservative Future". New York Times . Retrieved November 28, 2012 .
 25. ^ a b Cowen, Tyler (August 4, 2014). "Matt Yglesias on Tyler Cowen". Marginal Revolution . Retrieved March 24, 2017 .
 26. ^ Cowen, Tyler (January 1, 2020). "What libertarianism has become and will become — State Capacity Libertarianism". Marginal Revolution . Retrieved October 17, 2021 .
 27. ^ Cowen, Tyler (April 9, 2009). "A Bayesian approach to legal gay marriage". Marginal Revolution . Retrieved September 30, 2018 .
 28. ^ Cowen, Tyler (June 26, 2015). "Legal gay marriage". Marginal Revolution . Retrieved December 2, 2018 .
 29. ^ Cowen, Tyler (August 12, 2017). "I'm with the Mormons on this one — how about you?". Marginal Revolution . Retrieved October 27, 2018 .
 30. ^ Cowen, Tyler (October 16, 2018). "Rob Wiblin interviews Tyler on *Stubborn Attachments* (BONUS)" . Retrieved October 27, 2018 .
 31. ^ Cowen, Tyler; Collison, Patrick (July 30, 2019). "We Need a New Science of Progress". The Atlantic . Retrieved September 30, 2022 .
 32. ^ "Tyler Looks Back on 2019 (BONUS)". conversationswithtyler.com . Retrieved December 6, 2021 .
 33. ^ "Tyler Cowen: Production Function". David Perell . Retrieved December 6, 2021 .

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 * China Is Big Trouble for the U.S. Balance of Trade, Right? Well, Not So Fast
 * Roberts, Russ. "Tyler Cowen Podcasts". EconTalk. Library of Economics and Liberty.
 * What's wrong with cute-o-nomics?
 * Review of Naomi Klein's The Shock Doctrine: The Rise of Disaster Capitalism
 * New York Books Review of Discover Your Inner Economist
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From Wikipedia, the free encyclopedia
	 
"Marginal Revolution (blog)" redirects here. For the blog's other co-author, see Alex Tabarrok.
    Tyler Cowen          Born January 21, 1962 (age 61)   Bergen County, New Jersey, U.S.         Institution  George Mason University    Field  Cultural economics    School ortradition  Neoclassical economics  American libertarianism    Alma mater  George Mason University (BS) Harvard University (MS, PhD)   Doctoraladvisor  Thomas Schelling    Influences  Chicago School  Carl Menger  Plato  [1]     
 Tyler Cowen (; born January 21, 1962) is an American economist, columnist and blogger. He is a professor at George Mason University, where he holds the Holbert L. Harris chair in the economics department. [2]  He hosts the economics blog Marginal Revolution, together with co-author Alex Tabarrok. Cowen and Tabarrok also maintain the website Marginal Revolution University, a venture in online education.
 Cowen writes the "Economic Scene" column for  The New York Times  and since July 2016 has been a regular opinion columnist at  Bloomberg Opinion . [3]  He also writes for such publications as  The New Republic ,  The Wall Street Journal ,  Forbes ,  Newsweek  and the  Wilson Quarterly . He serves as general director of George Mason's Mercatus Center, a university research center that focuses on the market economy. Since 2015, he has hosted the podcast Conversations with Tyler. [4]  In September, 2018, Tyler and his team at George Mason University launched Emergent Ventures, a grant and fellowship focused on "moon-shot" ideas. [5] 
 He was ranked at number 72 among the "Top 100 Global Thinkers" in 2011 by  Foreign Policy Magazine  "for finding markets in everything". [6]  In a 2011 poll of experts by  The Economist , Cowen was included in the top 36 nominations of "which economists were most influential over the past decade". [7] 
Education and personal life[edit]
Cowen was raised in Hillsdale, New Jersey  [8]  and attended Pascack Valley High School. [9]  At 15, he became the youngest ever New Jersey state chess champion. [10]   [11]  Cowen is of Irish ancestry. [12] 
 He graduated from George Mason University with a Bachelor of Science degree in economics in 1983 and received his PhD in economics from Harvard University in 1987 with his thesis titled Essays in the theory of welfare economics. At Harvard, he was mentored by game theorist Thomas Schelling, the 2005 recipient of the Nobel Memorial Prize in Economics. He is married to Natasha Cowen, a lawyer.
Writings[edit]
Culture[edit]
The  Los Angeles Times  has described Cowen as "a man who can talk about Haitian voodoo flags, Iranian cinema, Hong Kong cuisine, Abstract Expressionism, Zairian music and Mexican folk art with seemingly equal facility". [13]  One of Cowen's primary research interests is the economics of culture. He has written books on fame (What Price Fame?), art (In Praise of Commercial Culture) and cultural trade (Creative Destruction: How Globalization Is Changing the World's Cultures). In Markets and Cultural Voices, he relays how globalization is changing the world of three Mexican amate painters. [14]  Cowen argues that free markets change culture for the better, allowing them to evolve into something more people want. Other books include Public Goods and Market Failures, The Theory of Market Failure, Explorations in the New Monetary Economics, Risk and Business Cycles, Economic Welfare and New Theories of Market Failure.
Books[edit]
     
  Talent: How to Identify Energizers, Creatives, and Winners Around the World, with Daniel Gross. New York: St. Martin's Press, 2022, ISBN 978-1250275813, OCLC 1227086238.
 Big Business: A Love Letter to an American Anti-Hero. New York: St. Martin's Press, 2019. ISBN 978-1250110541, OCLC 1031569569.
  Stubborn Attachments: A Vision for a Society of Free, Prosperous, and Responsible Individuals. Stripe Press. 2018. ISBN  978-1732265134 . 
  The Complacent Class: The Self-Defeating Quest for the American Dream. New York: St. Martins Press. 2017. ISBN  978-1250108692 . OCLC 981982936..
   Average is Over: Powering America Beyond the Age of the Great Stagnation . Dutton Adult. 2013. p. 304. ISBN  978-0525953739 . (Wikipedia page)
With Alex Tabarrok:   Modern Principles of Economics  (2 ed.). Worth Publishers. 2012. p. 900. ISBN  978-1429239974 . 
   An Economist Gets Lunch: New Rules for Everyday Foodies . New York: Dutton Adult. 2012. ISBN  978-0525952664 . OCLC 839314802. 
   The Great Stagnation: How America Ate All the Low-Hanging Fruit of Modern History, Got Sick, and Will (Eventually) Feel Better . Dutton Adult. 2011. ISBN  978-0525952718 . OCLC 714718051. 
 The Age of the Infovore: Succeeding in the Information Economy (2010) 
   Create Your Own Economy: The Path to Prosperity in a Disordered World . Dutton Adult. 2009. ISBN  978-0525951230 . 
   Discover Your Inner Economist: Use Incentives to Fall in Love, Survive Your Next Meeting, and Motivate Your Dentist . Dutton Adult. 2007. ISBN  978-0525950257 . 
   Good and Plenty: The Creative Successes of American Arts Funding . Princeton, NJ: Princeton University Press. 2006. ISBN  978-0691120423 . 
   Markets and Cultural Voices: Liberty vs. Power in the Lives of Mexican Amate Painters (Economics, Cognition, and Society) . University of Michigan Press. 2005. ISBN  978-0472068890 . 
   Creative Destruction: How Globalization Is Changing the World's Cultures . Princeton, NJ: Princeton University Press. 2004. ISBN  978-0691117836 . 
   What Price Fame? . Cambridge, MA: Harvard University Press. 2002. ISBN  978-0674008090 . 
   In Praise of Commercial Culture . Cambridge, MA: Harvard University Press. 2000. ISBN  978-0674001886 . 
   Risk and Business Cycles: New and Old Austrian Perspectives . Psychology Press. 1998. ISBN  978-0415169196 . 
Explorations in the New Monetary Economics (1994)
   Public Goods and Market Failures: A Critical Examination  (2 ed.). New Brunswick, NJ: Transaction Publishers. 1991. ISBN  978-1560005704 .  
 The New York Times columns[edit]
Cowen's New York Times columns cover a wide range of issues such as the 2008 financial crisis. [15] 
Dining guide[edit]
His dining guide for the D.C. area, "Tyler Cowen's Ethnic Dining Guide", [16]  has been written about by  The Washington Post   [17]  and  Washington City Paper . [18] 
Political philosophy[edit]
Cowen has written papers on political philosophy and ethics. He co-wrote a paper with philosopher Derek Parfit arguing against the social discount rate. [19]  In a 2006 paper, he argued that the epistemic problem fails to refute consequentialism. [20] 
 Cowen has been described as a "libertarian bargainer" who can influence practical policy making, [21]  yet he endorsed bank bailouts in his March 2, 2009 column in The New York Times. [22]  In a 2007 article entitled "The Paradox of Libertarianism", Cowen argued that libertarians "should embrace a world with growing wealth, growing positive liberty, and yes, growing government. We don't have to favor the growth in government per se, but we do need to recognize that sometimes it is a package deal". [23] 
 In 2012, David Brooks called Cowen "one of the most influential bloggers on the right", writing that he is among those who "start from broadly libertarian premises but do not apply them in a doctrinaire way". [24] 
 In an August, 2014 blog post, Cowen wrote: "Just to summarize, I generally favor much more immigration but not open borders, I am a liberal on most but not all social issues, and I am market-oriented on economic issues. On most current foreign policy issues I am genuinely agnostic as to what exactly we should do but skeptical that we are doing the right thing at the moment. I don't like voting for either party or for third parties". [25] 
 In a 2020 New Year's Day Marginal Revolution post, Cowen outlined a philosophical framework he dubbed "State Capacity Libertarianism". State Capacity Libertarianism differs from classical liberalism in that it acknowledges the State's role in funding and executing megaprojects and a non-isolationist foreign policy. [26] 
 Cowen has described himself as a liberal on most social issues [25]  and supports same-sex marriage. [27]  After the Supreme Court issued its holding regarding same-sex marriage, Cowen said that "this is exciting and very positive news. Most of all, it is a breakthrough for those people who can now marry, or exercise the choice not to marry". [28] 
 Cowen is a teetotaler, stating he is "with the Mormons" on alcohol, [29]  later stating: "I encourage people to just completely, voluntarily abstain from alcohol and make it a social norm". [30] 
 In July 2019, Cowen co-authored an essay in  The Atlantic  with Stripe co-founder Patrick Collison calling for a "new science of progress". [31]  
 Conversations with Tyler[edit]
 Conversations with Tyler is Cowen's podcast produced by the Mercatus Center at George Mason. Unlike Marginal Revolution, Conversations is hosted by Cowen exclusively. Guests are usually authors and academics, but have also included athletes (Martina Navratilova, Kareem Abdul-Jabbar), military personnel (Stanley A. McChrystal), entrepreneurs (Mark Zuckerberg, Brian Armstrong), novelists (Emily St. John Mandel) and a homeless person from Washington, D.C. named "Alexander the Grate". 
 The show has two recurring segments: 
 "Underrated/Overrated", where guests are given a quick-fire list of cultural works or academic concepts and asked to say whether they agree with the general critical response received.
 The [guest name] Production Function, where guests are asked to describe their personal productivity habits. 
In describing the podcast, Cowen repeatedly characterises it as "...the conversation I want to have". [32]   [33] 
Publications[edit]
Selected journal articles[edit]
  Cowen, Tyler (December 22, 2011). "An Economic and Rational Choice Approach to the Autism Spectrum and Human Neurodiversity". GMU Working Paper in Economics. 11 (58). SSRN 1975809. 
 Cowen, Tyler (October 7, 2011). "The Microeconomics of Public Choice in Developing Economies: A Case Study of One Mexican Village". The Annual Proceedings of the Wealth and Well-being of Nations. SSRN 1940219. 
 Cowen, Tyler; Alexander Tabarrok (October 2000). "An Economic Theory of Avant-Garde and Popular Art, or High and Low Culture". Southern Economic Journal. 67 (2): 232–253. doi:10.2307/1061469. JSTOR 1061469. 
 Cowen, Tyler; Amihai Glazer; Katarina Zajc (2000). "Credibility May Require Discretion, Not Rules" (PDF). Journal of Public Economics. 76 (2): 295–306. doi:10.1016/S0047-2727(99)00051-1. 
 Cowen, Tyler (August 1997). "Should the Central Bank Target CPI Futures?" (PDF). Journal of Money, Credit and Banking. 29 (3): 275–285. doi:10.2307/2953693. JSTOR 2953693. 
 Cowen, Tyler; Daniel Sutter (1997). "Politics and the Pursuit of Fame" (PDF). Public Choice. 93: 19–35. doi:10.1023/A:1017939531594. S2CID 152467126. 
 Cowen, T.; Robin Grier (1996). "Do Artists Suffer From A Cost Disease?" (PDF). Rationality and Society. 8 (1): 5–24. doi:10.1177/104346396008001001. S2CID 153392382. 
 Cowen, Tyler; Amihai Glazer (1996). "More Monitoring Can Induce Less Effort" (PDF). Journal of Economic Behavior and Organization. 30: 113–123. doi:10.1016/S0167-2681(96)00845-1. 
 Cowen, Tyler; Alexander Tabarrok (April 1995). "Good Grapes and Bad Lobsters: Applying the Alchian and Allen Theorem" (PDF). Economic Inquiry. 33 (2): 253–256. doi:10.1111/j.1465-7295.1995.tb01860.x. 
 Cowen, Tyler; Randall Kroszner (May 1989). "Scottish Banking before 1845: A Model for Laissez-Faire?".  Journal of Money, Credit and Banking . 21 (2): 221–231. doi:10.2307/1992370. JSTOR 1992370. 
 Cowen, Tyler; Richard Fink (September 1985). "Inconsistent Equilibrium Constructs: The Evenly Rotating Economy of Mises and Rothbard".  American Economic Review . 75 (4): 866–869. JSTOR 1821365.  
Select articles[edit]
  Cowen, Tyler (August 11, 2012). "Two Prisms for Looking at China's Problems". New York Times. 
 Cowen, Tyler (June 16, 2012). "Broken Trust Takes Time to Mend". New York Times. 
  "What Export-Oriented America Means". The American Interest. May–June 2012. Archived from the original on October 21, 2013. 
  "Six Rules for Dining Out". The Atlantic. May 2012. 
  "6 Ideas for the Ash Heap of History". Foreign Policy. November 28, 2011. Archived from the original on August 16, 2012. Retrieved September 12, 2012. 
  "The Inequality That Matters". The American Interest. January–February 2011. Archived from the original on October 21, 2013. 
 "The Lack of Wars May Be Hurting Economic Growth"- NYTimes, June 14, 2014  
References[edit]
 
  ^  Illing, Sean (June 3, 2017). "9 questions for Tyler Cowen". Vox Media. Archived from the original on June 5, 2017. Who is the person who has most influenced the way you think? [...] More proximately, I would cite economics as a discipline and Plato's dialogic method for philosophy 
  ^   "Tyler Cowen". Mercatus Center. George Mason University. August 15, 2008. Retrieved October 13, 2019.
  ^  Tyler Cowen, columnist Bloomberg
  ^   "Conversations with Tyler | Listen to Tyler Cowen's Official Podcast". conversationswithtyler.com.
  ^   "Economist Tyler Cowen Launches a Fellowship and Grant Program for Moon Shot Ideas". TechCrunch.com. September 13, 2018.
  ^   "The FP Top 100 Global Thinkers (#72 Tyler Cowan:For finding markets in everything)".  Foreign Policy . December 2011. Archived from the original on April 16, 2012. Retrieved March 21, 2012.
  ^   "Economics' most influential people". Economist.com. February 1, 2011. Retrieved June 30, 2012.
  ^  Rosenwald, Michael S. "Tyler Cowen's appetite for ethnic food – and answers about his life",  The Washington Post , May 13, 2010. Accessed November 2, 2017. "Cowen is 48. He grew up in Hillsdale, N.J., an hour's drive from New York."
  ^  "Chess", The Ridgewood News, September 12, 1976. Accessed March 19, 2021, via Newspapers.com. "Tyler Cowen, 14, of Hillsdale, a freshman at Pascack Valley High School, trounced Ruth Cardoso of Jersey City, the state's women's chess champion."
  ^   "Interview with the Former "Youngest New Jersey Chess Champion," Tyler Cowen". Kenilworthchessclub.org. September 8, 2006. Retrieved June 30, 2012.
  ^  New Jersey State Champions 1946 – Present New Jersey State Chess Federation, Official Site
  ^  Haidt, Jonathan (March 28, 2016). "Jonathan Haidt on Morality, Politics, Disgust, and Intellectual Diversity on Campus (Ep. 8)" (Interview). Interviewed by Tyler Cowen. Medium. Retrieved August 26, 2019.
  ^  The joy of thinking globally archived 27 August 2013 at the Wayback Machine, February 7, 2003, Daniel Akst, Los Angeles Times
  ^  Cowen, Tyler (2009). Markets and Cultural Voices. University of Michigan Press.
  ^  "Too Few Regulations? No, Just Ineffective Ones".
  ^  "Tyler Cowen Ethnic Dining Guide". Cowen released the guide's 31st edition in 2019.
  ^  III, Douglas Hanks (June 20, 2001). "The Lone Critic". Washington Post. ISSN 0190-8286. Retrieved December 8, 2021.
  ^  Carman, Tim (January 30, 2009). "Tyler Cowen Unleashes the Latest Edition of His Ethnic Dining Guide". Washington City Paper. Retrieved December 8, 2021.
  ^  "Against the social discount rate" by Derek Parfit and Tyler Cowen, in Peter Laslett &amp; James S. Fishkin (eds.) Justice between age groups and generations, Yale University Press: New Haven, 1992, pp. 144–161.
  ^  "The Epistemic Problem Does Not Refute Consequentialism" by Tyler Cowen, Utilitas (2006), 18: 383–399, archived 26 September 2021 at the Wayback Machine.
  ^  Klein, Daniel B. "Mere Libertarianism: Blending Hayek and Rothbard Archived May 29, 2008, at the Wayback Machine". Reason Papers. Vol. 27: Fall 2004.
  ^  Cowen, Tyler (March 1, 2009). "Message to Regulators: Bank Fix Needed Quickly". New York Times.
  ^  "The Paradox of Libertarianism".
  ^  Brooks, David (November 19, 2012). "The Conservative Future". New York Times. Retrieved November 28, 2012.
^    a       b    Cowen, Tyler (August 4, 2014). "Matt Yglesias on Tyler Cowen". Marginal Revolution. Retrieved March 24, 2017.
  ^  Cowen, Tyler (January 1, 2020). "What libertarianism has become and will become — State Capacity Libertarianism". Marginal Revolution. Retrieved October 17, 2021.
  ^  Cowen, Tyler (April 9, 2009). "A Bayesian approach to legal gay marriage". Marginal Revolution. Retrieved September 30, 2018.
  ^  Cowen, Tyler (June 26, 2015). "Legal gay marriage". Marginal Revolution. Retrieved December 2, 2018.
  ^  Cowen, Tyler (August 12, 2017). "I'm with the Mormons on this one — how about you?". Marginal Revolution. Retrieved October 27, 2018.
  ^  Cowen, Tyler (October 16, 2018). "Rob Wiblin interviews Tyler on *Stubborn Attachments* (BONUS)". Retrieved October 27, 2018.
  ^  Cowen, Tyler; Collison, Patrick (July 30, 2019). "We Need a New Science of Progress". The Atlantic. Retrieved September 30, 2022.
  ^   "Tyler Looks Back on 2019 (BONUS)". conversationswithtyler.com. Retrieved December 6, 2021.
  ^   "Tyler Cowen: Production Function". David Perell. Retrieved December 6, 2021.
 
External links[edit]
  Cowen's bio at the Mercatus Center 
 Tyler Cowen's Web Page at GMU 
 Marginal Revolution 
 Appearances on C-SPAN 
 Conversations with Tyler 
 China Is Big Trouble for the U.S. Balance of Trade, Right? Well, Not So Fast 
  Roberts, Russ. "Tyler Cowen Podcasts".  EconTalk . Library of Economics and Liberty. 
 What's wrong with cute-o-nomics? 
 Review of Naomi Klein's The Shock Doctrine: The Rise of Disaster Capitalism  
 New York Books Review of Discover Your Inner Economist  
 Tyler Cowen publications indexed by Google Scholar 
 Tyler Cowen on the Muck Rack journalist listing site
Tyler Cowen - Wikipedia
https://en.wikipedia.org/wiki/Tyler_Cowen