SuperFreakonomics explained

SuperFreakonomics: Global Cooling, Patriotic Prostitutes, and Why Suicide Bombers Should Buy Life Insurance
Border:yes
Author:Steven D. Levitt, Stephen J. Dubner
Country:United States
Subject:Economy, sociology
Genre:Non-fiction
Publisher:William Morrow
Pub Date:October 20, 2009
Media Type:Hardcover
Pages:288 pp.
Isbn:0-06-088957-8
Preceded By:Freakonomics
Followed By:Think Like a Freak

SuperFreakonomics: Global Cooling, Patriotic Prostitutes, and Why Suicide Bombers Should Buy Life Insurance is the second non-fiction book by University of Chicago economist Steven Levitt and The New York Times journalist Stephen J. Dubner, released in early October 2009 in Europe and on October 20, 2009 in the United States.[1] It is a sequel to .

Synopsis

The explanatory note states that the theme of the book explores the concept that we all work for a particular reward. The introduction states we should look at problems economically. The examples given include the preference for sons in India and the hardships Indian women face, as well as the horse manure issue at the turn of the 20th century.

The first chapter explores prostitution and pimps in South Chicago, one high class escort, and real estate brokers. The pimps and brokers are compared based on the idea that they are helping to sell one's services to the larger market. Inequalities in pay grades for men and women are also covered in the chapter.

The second chapter is about patterns and details. Patterns in the ages of soccer players, health issues of children in the womb during Ramadan, and the upbringings of terrorists are observed. Next, the book discusses the skills of hospital doctors and how Azyxxi was created, and draws parallels to how terrorists in the UK were tracked down by banks.

Altruism is discussed in the third chapter, and uses examples of the murder of Kitty Genovese, crime rates as affected by television, and economic experimental games such as prisoner's dilemma, ultimatum, and the work of John A. List.

The fourth chapter is about unintended consequences and simple fixes. It goes into detail about Ignaz Semmelweis' work in hospitals, use of seatbelts and child seats, and the possibility of reducing hurricanes.

The fifth chapter discusses externalities and global warming. It discusses how economics does not necessarily take environmental issues into account. While interviewing Nathan Myhrvold and Ken Caldeira from Intellectual Ventures, the authors posit an alternative way of solving global warming by stratospheric aerosol injection.

The epilogue is about microeconomics, and discusses a study by Laurie Santos and Keith Chen as to whether capuchin monkeys can be trained to use money.

Reception

SuperFreakonomics has been praised for its entertainment value, but has drawn criticism for taking unconventional approaches to its subject matter, particularly global warming.

In the Financial Times, Tim Harford, author of The Undercover Economist, said that SuperFreakonomics "is a lot like Freakonomics, but better."[2] BusinessWeek gave the book three and a half stars out of five, saying that the book is "[a]n inventive and even useful application of economics to unusual subjects".[3]

Global warming section

In the book's fifth chapter, the author proposes that the climate system can be intentionally regulated by construction of a stratoshield or a fleet of marine cloud seeders.[4] [5]

The chapter has been criticized by economists and climate science experts who say it contains numerous misleading statements and discredited arguments. Among the critics are Paul Krugman,[6] Brad DeLong,[7] Raymond Pierrehumbert,[8] The Guardian,[9] Bloomberg News,[10] and The Economist.[11] Elizabeth Kolbert, a science writer for The New Yorker who has written extensively on global warming, contends that "just about everything they [Levitt and Dubner] have to say on the topic is, factually speaking, wrong."[12]

Joseph Romm said that SuperFreakonomics had seriously misrepresented the position of climate scientist Ken Caldeira;[13] the book says among other things, that Caldeira's research tells him is "not the right villain", an assertion Caldeira strongly disputes.[14]

Caldeira has commented Dubner responded that with hindsight the line describing Ken Caldeira overstated his position, but noted that Caldeira had been sent a preview of the text and had approved it.

Caldeira has acknowledged that he did receive the preview,[15] but disagreed that the errors were his responsibility: "I feel no need to read, fact check, or make detailed comments on documents that arrive in my in-box. I have lots of other things to do, like trying to get my science out the door."[16] As it transpired, Dubner had been apprised of Caldeira's objection to the "right villain" assertion, but did not delete the line as Caldeira expected, although Caldeira believes this was due to a good faith misunderstanding.[17]

Regarding their own views on global warming, Levitt and Dubner have stated on their Freakonomics blog that global warming is "a man-made phenomenon" and "an important issue to solve". They go on to explain that where they differ with the establishment view is in what the most effective solutions to that problem are.[18] For an establishment review of how Levitt and Dubner use arithmetic in their dismissal of the solar photovoltaic option to mitigate global warming, see Raymond Pierrehumbert's open letter to Steven Levitt at Realclimate.org.[19]

Illustrated edition

In 2010, Levitt and Dubner released an illustrated edition of SuperFreakonomics.[20]

See also

External links

Notes and References

  1. Web site: Dubner. Stephen J.. 2009-10-20. SuperFreakonomics Is Out Today. 2023-01-19. Freakonomics. en.
  2. News: SuperFreakonomics. Harford. Tim. 2009-10-17. Financial Times. 2009-10-22.
  3. News: More Oddball Tales for Freakonomics Fans. https://web.archive.org/web/20091026150102/http://www.businessweek.com/magazine/content/09_44/b4153074945496.htm. dead. October 26, 2009. Coy. Peter. 2009-10-22. BusinessWeek. 2009-10-23.
  4. Web site: Introducing the Stratoshield. 2009-10-21. Intellectual Ventures.
  5. News: 2007-02-15. Futuristic fleet of 'cloudseeders'. BBC News. en-GB. 2021-04-07.
  6. News: SuperFreakonomics on climate, part 1 . Paul . Krugman . 2009-10-17 . they grossly misrepresent other peoples' research, in both climate science and economics . The New York Times.
  7. Web site: Yet More SuperFreakonomics Blogging. . Brad . DeLong . 2009-10-19 . Grasping Reality with All Eight Tentacles. Levitt and Dubner today appear to no longer be thinking like economists.
  8. Web site: Pierrehumbert. Raymond T.. An Open Letter to Steve Levitt. RealClimate.org. October 29, 2009. December 26, 2012.
  9. News: Why SuperFreakonomics' authors are wrong on geo-engineering. 2009-10-19. Many commentators have already pointed out dozens of misquotes, misrepresentations and mistakes in the 'Global Cooling' chapter . The Guardian . London . 2010-05-24.
  10. News: Pooley. Eric. Freakonomics Guys Flunk Science of Climate Change. Bloomberg News. 2009-10-19. 2011-12-28.
  11. News: Freaking out: The controversy over SuperFreakonomics . 2009-10-27. The Economist. 2009-11-06.
  12. News: Kolbert . Elizabeth . Hosed: Is there a quick fix for the climate? [rev. of Levitt and Dubner's SuperFreakonomics and Al Gore's Our Choice] ]. New Yorker . November 16, 2009.
  13. Web site: Joe . Romm . Joe Romm . Anatomy of a debunking . climateprogress.org . 2009-10-19. He [Caldeira] has responded to many e-mail queries of mine over the weekend. He simply doesn’t believe what the Superfreaks make it seem like he believes...One sentence about Caldeira in particular is the exact opposite of what he believes (page 184): ‘Yet his research tells him that carbon dioxide is not the right villain in this fight.’ Levitt and Dubner didn’t run this quote by Caldeira, and when he saw a version from Myhrvold, he objected to it..
  14. Web site: Geoengineering the Planet: The Possibilities and the Pitfalls (Caldeira interview) . Yale Environment 360 . Jeff . Goodell . 2009-10-21 . 2009-10-22 . the actual statements attributed to me are based on fact, but the contexts and the framing of those issues are very different from the context and framing that I would put those same facts in...So I think that the casual reader can... come up with a misimpression of what I believe and what I feel about things. . dead . https://web.archive.org/web/20091124182854/http://e360.yale.edu/content/feature.msp?id=2201 . 2009-11-24 .
  15. News: Global Warming in SuperFreakonomics: The Anatomy of a Smear. The New York Times. Stephen J. . Dubner. 2009-10-18.
  16. Web site: Joe . Romm . Joe Romm . Part 5: Error-riddled SuperFreakonomics claims Caldeira's 'research tells him that carbon dioxide is not the right villain'. Caldeira updates his website to read 'Carbon dioxide is the right villain.' . climateprogress.org . 2009-10-18.
  17. Web site: Caldeira explains the "right villain" episode . 2009-10-25.
  18. News: The New York Times. The Rumors of Our Global-Warming Denial Are Greatly Exaggerated. 2009-10-17. we believe that rising global temperatures are a man-made phenomenon and that global warming is an important issue to solve. Where we differ from the critics is in our view of the most effective solutions to this problem....The real purpose of the chapter is figuring out how to cool the Earth if indeed it becomes catastrophically warmer... if we weren't convinced that global warming was worth worrying about, we wouldn't have written a chapter about proposed solutions. . Steven D. . Levitt . 2010-05-24.
  19. Web site: Pierrehumbert. Raymond T. An Open Letter to Steve Levitt. 30 October 2009. realclimate.org. 2013-03-09.
  20. Web site: SuperFreakonomics, Illustrated edition . HarperCollins . en.