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Superfreakonomics: Global Cooling, Patriotic Prostitutes and Why Suicide Bombers Should Buy Life Insurance

Superfreakonomics: Global Cooling, Patriotic Prostitutes and Why Suicide Bombers Should Buy Life Insurance
By Steven D. Levitt, Stephen J. Dubner

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Product Description

Here at last is the long awaited sequel to the international bestselling phenomenon, Freakonomics. Steven Levitt, the original rogue economist, and Stephen Dubner have been working hard, uncovering the hidden side of even more controversial subjects, from charity to terrorism and prostitution. And with their inimitable style and wit, they will take us on another even more gripping journey of discovery. Superfreakonomics will once again transform the way we look at the world.


Product Details

  • Amazon Sales Rank: #30 in Books
  • Published on: 2009-10-20
  • Original language: English
  • Binding: Hardcover
  • 288 pages

Editorial Reviews

Review
Like Freakonomics, but better . . . thrilling . . . you are guaranteed a good time . . . underneath the dazzle, there is substance too (Tim Harford, Financial Times )

Levitt is a master at drawing counter-intuitive conclusions . . . great fun . . . Superfreakonomics travels further than its predecessor (Tom Standage, Sunday Times )

A humdinger of a book: page-turning, politically incorrect and ever-so-slightly intoxicating, like a large swig of tequila (The Times )

One of the most important books you’ll read this autumn (GQ )

Levitt and Dubner’s zeal for statistical anomalies is as undimmed as their eye for a good story . . . lie back and let Levitt and Dubner’s bouncy prose style carry you along from one peculiarity to the next (Sunday Telegraph )

There’s material here not just for one conversation, but for several.The authors mash together interesting academic research, surprising historical comparisons . . . and cute factoids (Daily Mail )

[Freakonomics] was fascinating . . . [SuperFreakonomics] is similarly studded with intriguing examples of economic analysis in action (Daily Telegraph )

Entertaining (BBC Focus )

About the Author
Steven D. Levitt teaches economics at the University of Chicago. His idiosyncratic economic research into areas as varied as guns and game shows has triggered debate in the media and academic circles. Stephen J. Dubner lives in New York City. He writes for The New York Times and the New Yorker. In August 2003 Dubner wrote a profile of Levitt in The New York Times magazine. The extraordinary response to that article led to a remarkable collaboration.


Customer Reviews

If it ain't broke...4
'Superfreakonomics' is the cumbersomely titled sequel to the bestselling 'Freakonomics' - a book that gave an entertaining overview of microeconomics, and supplied plenty of food for thought. If you enjoyed the first volume, you will undoubtedly enjoy 'SuperFreakonomics'. It is essentially the same book, but with different case studies - if your first book sold over four million copies, why change a winning formula?

Initially I was unimpressed; the first chapter, dealing with prostitution felt like a rehash of the first book, only less interesting. Soon after, things pick up. The sections on emergency medicine and altruism were interesting and ask questions about the way in which we perceive our world. It is these alternate world views that are the 'Freakonomics' books strongest assets. Time and again the authors hold up a hand and say 'but what about...?'

Not everybody will be happy. The authors offer some thoughts on climate change, that go against current thinking, for which they will undoubtedly be pilloried. Of course challenging convention is the point of this book, and I'm sure the authors will welcome the debate. Less happy though, will be road-safety experts. 'Superfreakonomics' reveals that for the drinker, drink-driving is safer than drink-walking. (They do say that a taxi home is much better option still, but considering their findings on altruism, this seems a foolhardy admission.) The section on child safety seats will also cause great consternation, not least amongst child safety seat manufacturers.

Whilst casting doubt on the efficacy of child car seats, the book does ask a singular and important question. Since the primary users of rear seats are children, why aren't they designed with children in mind? Many of the topics covered in 'Superfreakonomics' are distilled down to simple and (with hindsight) obvious questions, and this is part of what makes it a pleasure to read. Another factor, is the lightness of tone, despite being a book about small details, it never becomes bogged down. I would though agree with another reviewer's comments, that the tone used can sometimes grate. It is very chummy and often self-congratulating.

'Superfreakonomics's' strength is also its biggest weakness. To avoid being, dull it only takes a cursory glance at its subject matter. One can't help but wonder what we aren't being told. The authors acknowledge that statistics are easy to fudge, but without doing masses of further reading, it is impossible to judge to what extent the figures have been massaged to back up their suppositions.

That said, the purpose of this book is to provoke debate and stop its readers from accepting everything at face value. I would suggest that this scepticism has to start with 'Superfreakonomics' itself - this is a book that will pose far more questions than it answers, but that is no bad thing. Like its predecessor, 'Superfreakonomics' is an entertaining and thought-provoking book, that deserves to be be read and discussed by as many people as possible.

Easy-read debunking for important people3
In Chapter 1 we read a prurient but entertaining account of Chicago prostitution. We learn the benefits of having a pimp, the relative cost of different sexual services and why the police go easy on the ladies (this last explanation is unconvincing). Then we move to the high-end `escort' market and consider the case study of "Allie".

Economic concepts: commodity good, price discrimination, inelastic demand, principal-agent problem. Plus a "how-to" guide on being a successful courtesan.

Chapter 2 is organised around the concepts of data mining. We learn about the financial transaction profiles of Islamic terrorists, the disutility of hospitals and the relative performance of doctors in dealing with different kinds of illness and injuries.

Economic concepts: data analysis.

Chapter 3 is about altruism. The core of this chapter deconstructs a 1964 murder in New York City which was apparently witnessed by many people, none of whom intervened or even reported it to the police. This leads to an appraisal of economics experiments which purportedly showed people to possess an intrinsic core of altruism (leading to Nobel prizes in economics for the researchers). Such an appealing conclusion is debunked as you might expect. The murder story is also debunked.

Economic concepts: limitations of behavioural economics.

Chapter 4 is about perverse incentives and specifically how powerful interest groups succeed in bringing about outcomes which disadvantage society overall. In the sights are doctors and auto makers. It is shown repeatedly that the hero who correctly points out that the emperor has no clothes is subsequently uniformly reviled by said interest groups

Chapter 5 is the part about global warming. Or is it cooling? Or is it something which just happens anyway? A long piece centred around Nathan Myhrvold's company Intellectual Ventures shows that assuming global warming is actually the problem fashionable opinion claims, there exist a number of technological solutions which for a modest amount of cash would deal with it. Alas, such ideas are anathema to Green lobbies.

In the epilogue, we learn that economic concepts of monetary value and exchange can also be taught (and internalised by) capuchin monkeys. I was not entirely clear why we were being told this apart from the monkey prostitution link back to Chapter 1.

I am torn two ways about this book. In its favour it makes intelligent points about a number of topical issues, it correctly undermines various shibboleths of political correctness, and it's compulsively readable - I was able to finish the 216 pages in a day.

On the other hand, the sycophantic writing style is gratingly folksy-humorous. Subtle flattery throughout confirms the authors and reader as equal partners, intellectually superior to the idiots the book so delights in debunking. The book is somehow less than the sum of its parts.

So if you are looking for an upmarket Reader's Digest type book which will confirm you are an important mover and shaker, that you are fashionably dismissive of political correctness to an acceptable degree, and that won't force you to engage with any difficult concepts, I guess this book is for you. Otherwise get it from the library or read the Sunday Times serialisation.

Light Entertainment. Enjoy the Read!5
Read the book before you judge it. You may not agree with all the facts or conclusions, but it will make you think and debate the issues. The book is fascinating and 3 people reading it will give you three different opinions on it and about how good it is.

Should you read it - yes. Will you enjoy it - yes. Will you agree with everything - no.

Prostitution: The price of oral sex has fallen as it has become less taboo socially. Pimps value their prostitutes - which makes sense because I would expect a taxi driver to value his car because it is their means of making a living. And controversially prostitutes are more likely to have sex with a police officer than be arrested by one!

Global Warming: so controversial that people will down rate this book if it disagrees with their own accepted wisdom. The book contains hyperbole and overstatements that generates heated debate - (intended!) economic consequence of this is more press and more sales. But the authors do not deny global warming, rather they want to show how costly and difficult the current answers suggested by the big governments are, and they offer some potentially interesting solutions.

Read it in short bursts - it is not a Dan Brown novel!