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.
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In this rebuttal to FREAKONOMICS, John Lott examines both modern and historical economic theories to prove why the free market works and government-controlled programs and subsidies do not. Brian Emerson delivers this work as an enthusiastic and inspired economics professor might. It is lively and paced at a smooth tempo. Emerson transports listeners to the classroom and provides meaty ideas to ponder. His voice gives the work both the authority and vision the author intended. Many examples are provided, along with the background information that makes them accessible. FREEDOMNOMICS is an easy listen as well as an interesting ideology. D.L.M. (c) AudioFile 2007, Portland, Maine
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