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.

Reviews

Great book. The author’s response to Freakonomics surprised me.
I’m a fairly dyed-in-the-wool free market advocate. That said, I read Freakonomics and came away without thinking even once that it was a slap in the face to free market philosophy. Apparently John Lott had a different experience as he read Levitt’s book. Lott apparently found a bunch of affronts to his free market beliefs; enough in fact, that he decided he needed to write his own book as a rebuttal to the offenses he found in Freakonomics. This book is the result of Lott’s angst.

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