Freedomnomics: Why the Free Market Works and Freaky Theories Don't
By John R. Lott; Jr.
welcome to booko.org
Publisher: Blackstone Audio Inc.
Number Of Pages:
Publication Date: 2007-05-16
ISBN-10 / ASIN: 0786158433
ISBN-13 / EAN: 9780786158430 source from www.booko.org
Product Description: booko.org my favourite website
As the blockbuster bestseller Freakonomics demonstrated, economics can explain everything--from why people behave the way they do to how governments and businesses organize themselves. But are the basic assumptions and conclusions in Freakonomics true? Does the free market usually lead to unintended and negative consequences? Quite the opposite, says John Lott, who holds a Ph.D. in economics. In fact, says Lott, a wide range of fascinating and peculiar case studies prove the simple adage that if something is more costly, people will do less of it. And, in a refutation of Freakonomics' most controversial idea, Lott shows why legalized abortion leads to family breakdown, which leads to more crime. my booko.org,my favourite website
welcome to booko.org
Summary: Outstanding scholarship
Rating: 5
Fascinating academic approach and reproach to the journalistic 'freakonomics'. You won't be disappointed. Buy it, read it, and understand the world far better than you do today. :) booko.org my favourite website
Summary: An excellent perspective on free market economics
Rating: 5
my booko.org,my favourite website
I read and enjoyed both editions of "Freakonomics", as much for the sleight of hand employed by the authors as for the bits of actual information. In "Freakonomics", the practitioners of free market economics are largely portrayed as rogues. Well, asa anyone who dealt with a real estate broker or insurance agent knows, there are a lot of rogues out there. But does government intervention protect the public?
In what some have loosely referred to as a rebuttal to "Freakonomics", the answer is no. my booko.org,my favourite website
For example, in most states, insurance sales agents and real estate brokers are highly regulated with regard to getting a license. Requirements like these, Lott points out, tend to discourage intelligent applicants, while attracting the mediocre. The reason for such perverse rules is to restrict competition. Lott doesn't discuss, but while states put all kinds of entry barriers up, they do little to police the occupations they license. In short, government regulation encourages and even protects the bad apples. www.booko.org—freebook and password
The community I live in has a huge education industry: a major university, a couple of lesser schools of education, a left-leaning electorate that believes the way to rectify the failure of public education is to throw more money at it. Public education has been a disaster in my town for fifty years - but every year sees more high school teachers added at more than $100,000 each. That is not a typo: more than $100,000 each. Assistant administrators start at $149,000. The result? Don't try to pass a resolution to reduce taxes in my town: there is a huge lobby of people who earn their living feeding off the taxpayer and they are firm believers in solidarity with their own, not the poor fools financing them.
my booko.org,my favourite website
Lott reviews a wide variety of situations establishing that a free market economy is a better path for all of us. If I have a criticism of the book at all, it is that Lott moves from subject to subject somewhat abruptly from time to time. my booko.org,my favourite website
To a small degree, Lott does confront assertions made in "Freakonomics", such as one that corporate crime is rife. Lott effectively rebuts unsupported assertions such aa these. Where Lott really turns "Freakonomics" on its head in his rebuttal to that book's argument that abortion led to reduced crime rates in the 1990s, an argument which I admit to having accepted. Lott is far more compelling in establishing that legalized abortion actually served to increase crime since the 1970s. His logic is a joy to behold. I need to point out, however, that the author cautions that other factors more than offset what he describes here. source from www.booko.org
Overall, this is a fascinating book, just as "Freakonomics" is. I am certainly not prepared or equipped to determine which of the authors is correct in their assertions, but the respective arguments are definitely interesting and thought provoking. www.booko.org
Jerry welcome to booko.org
Summary: concise defense of the free market system
Rating: 4 my booko.org,my favourite website
In the age of bailouts and high-handed government interference in the markets, it seems like no better time for a book like this. The author presents the case for the free market system in a convincing and concise way. He also sets out to argue against some of the points made in "Freakonomics," an entertaining book but maybe not necessarily economically sound. This is a worthwhile read, especially in this day and age, but in all honesty I think Thomas Sowell's works do a better job of making the case.
copyright by www.booko.org
Summary: If you love capitolism buy this book
Rating: 5