“Freakonomics'', by Steven D. Levitt and Stephen J. Dubner, is considered by many critiques to be an “odd book”. One reason could be that the audacious authors, at the very beginning of the book, proudly state that it has no unifying theme. Moreover, the book has quite an unusual history: started as a profile of a young brilliant economist in New York Times (Steven D. Levitt) it was endorsed by readers, who responded to the unique questions Levitt was finding answers to by applying economic analysis to problems.
The authors strongly believe that there are absolutely no questions for which there are no answers. The problem is to formulate the right and sometimes audacious questions trying to find similarities between the things which seem to have nothing in common. (high school teachers and sumo wrestlers)
Levitt and Dubner write that "if morality is how we would like the world to work, then economics represents how it actually does work." Thus they try to break conventional wisdom by giving nonconventional but very well-grounded answers to questions, both complicated and very simple. “What is more dangerous a gun or a swimming pool?”; “Which means of transportation is safer, the airplane or the car?” Have You ever thought about it considering not only plain statistic data, which gives us an illusion of the airplane being the safest means of traveling, but also taking death rate per hour into consideration? There are not so many people who die in plane crashes simply because we spend less time on board the plane than in our cars…
Freakonomics unites many themes: the history of Ku Klux Klan with some interesting facts; methods of building and developing crack market; legalized abortion, a sudden drop in crime rate in America in the 90s and their interdependence; the role of experts in our life; the authors try to find out if there are typically black or white names and how they can change one’s destiny.
My choice fell on Freakonomics for I’ve always wanted to study economics but couldn’t find the right book to start with (classical scholars might find economics too bare and cold). New York Times review of the book, which I accidentally found while surfing the web, made me consider Freakonomics a perfect start for discovering the world of economics. I have learnt to combine logic and economic methods while solving any puzzle which we might face almost every day, to look deeper into the core of any question to see “how deep the rabbit hole goes”.