Freedomnomics: Why the Free Market Works and Other Half-baked Theories Don't

Front Cover
Regnery Publishing, Jun 4, 2007 - Business & Economics - 275 pages
6 Reviews
How free-market economies really work
(and why they work so well)

Are free market economies really based on fleecing the consumer? Is the U.S. economy truly just a giant free-for-all that encourages duplicity in our everyday transactions? Is everyone from corporate CEOs to your local car salesman really looking to make a buck at your expense?

In Freedomnomics: Why the Free Market Works and Other Half-Baked Theories Don't,

economist and bestselling author John R. Lott, Jr., answers these and other common economic questions, bravely confronting the profound distrust of the market that the bestselling book Freakonomics has helped to popularize. Using clear and hard-hitting examples, Lott shows how free markets liberate the best, most creative, and most generous aspects of our society--while efforts to constrain economic liberty, no matter

how well-intentioned, invariably lead to increased poverty and injustice. Extending

its rigorous economic analysis even further to our political and criminal justice

systems, Freedomnomics reveals:

? How the free market creates incentives for people to behave honestly

? How political campaign restrictions keep incumbents in power

? Why legalized abortion leads to family breakdown, which creates more crime

? Why affirmative action in police departments leads to higher crime rates

? How women's suffrage led to a massive increase in the size of government

Why women become more conservative when they get married and more

liberal when they get divorced

? How secret ballots reduce voter participation

? Why state-owned companies and government agencies are much more likely to engage in unfair predation than are private firms

? Why the controversial assertions made in the trendy book Freakonomics are almost entirely wrong

Entertaining, persuasive, and based on dozens of economic studies spanning decades, Freedomnomics not only shows how free markets really work--but proves that, when it comes to promoting prosperity and economic justice, nothing works better.

 

What people are saying - Write a review

User ratings

5 stars
1
4 stars
3
3 stars
1
2 stars
0
1 star
1

Review: Freedomnomics: Why the Free Market Works and Other Half-baked Theories Don't

User Review  - Meg - A Bookish Affair - Goodreads

This book was supposed to be a counter to "Freakonomics," a book which shows economics of various things other than the traditional monetary view that we usually pin economics to. To me, some of Lott ... Read full review

Freedomnomics

User Review  - zappi - Overstock.com

Great value for overstock....very good reading...great counter to the book Freakonomics Read full review

Selected pages

Contents

Are You Getting Ripped Off?
15
Reputations
49
Government as Nirvana?
83
Crime and Punishment
111
Voting Rights and Voting Wrongs
159
Parting Thoughts
193
Acknowledgments
195
Notes
197
Index
261
Copyright

Other editions - View all

Common terms and phrases

Popular passages

Page 1 - It is not from the benevolence of the butcher, the brewer, or the baker that we expect our dinner, but from their regard to their own interest.

Bibliographic information