Ligitimacy of Levitt's Freakonomics

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  • #17971
    rgcounts
    Member

    It will be a required reading assignment in my economics class to read one of the Freakonomics books. I was wondering whether or not the premises in these books coincided with the Austrian school of thought, or if there is any error in the research, and other potential issues.

    #17972
    jmherbener
    Participant

    In Freakonomics, Steven Levitt attempts to use mainstream micro-economic methods to analyze topics not usually considered part of the body of economics. So the premises of the book are not Austrian.

    http://en.wikipedia.org/wiki/Steven_Levitt

    The genesis of Freakonomics is the work of another Chicago economist, Gary Becker, who applied mainstream micro-economic methods to topics outside economics proper, such as the family.

    http://www.econlib.org/library/Enc/bios/Becker.html

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