Another Review of Freedomnomics
Freedomnomics, translating economics into regular English, shows that bureaucratic and judicial attempts to correct the market restore feudalism and hurt the poor. Corporate scandals that lower a firm's reputation create disincentives to cheat and thus become part of a self-correcting market mechanism. Lott also discerns the true link between legalized abortion and crime: In opposition to the best-selling book Freakonomics, he shows that easy access to abortion leads to change in attitudes to premarital sex, more out-of-wedlock children, family breakdown, and thus to more crime. . . . .