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Freakonomics suggests innovative approaches for analyzing social issues by applying economic theories. It explores a variety of social issues through the lens of economics, using data and statistics to uncover hidden truths. For instance, it uses data analysis to link the legalization of abortion to a decrease in crime rates, suggesting that unwanted children have a high probability of becoming adult criminals. This approach allows for a unique perspective on social issues, often revealing unexpected connections and insights.
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Author Steven Levitt, working with journalist Stephen Dubner, shows how economic theories can be used to analyze social issues. Each of the six essays...
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After the 1973 Roe v. Wade case that legalized abortion in the United States, many women in poor communities terminated pregnancies that would otherwise have been unwanted children born into a life of poverty. Unwanted children have a high probability of becoming adult criminals. The impact of Roe v. Wade on crime statistics shows up in the mid-1990s, when such children would have been entering their twenties.
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