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Uncommon Sense: Economic Insights, from Marriage to Terrorism
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From Publishers Weekly
Nobel Prize–winning economist Becker (Human Capital) and U.S. Court of Appeals judge Posner (How Judges Think) apply economic perspectives to a wide range of contemporary issues in these unwieldy essays culled from their jointly written blog. Social problems ranging from terrorism and pre-emptive war to Internet gambling and steroid use are subjected to analysis yielding surprising arguments; for example, they argue that drunk-driving laws penalize behavior that is not criminal (drinking) instead of the harmful outcome (accidents) and ask, Why punish the 99-plus percent of drunk driving that is harmless? The book is most compelling when addressing the legal aspects of eminent domain and pharmaceutical patents, much less so when it pans over national and global issues like ethnic profiling, where the arguments feel well-worn. Despite some valuable insights, the writing itself is ponderous and lacks the references and rigor to make it genuinely academic, but comes across as too dense for good blog writing. And even though the authors acknowledge that their audience might be unfamiliar with the economic principles they apply, their only concession is a brief overview of economics in the introduction. (Nov.) Copyright © Reed Business Information, a division of Reed Elsevier Inc. All rights reserved.
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Review
“In the vast wasteland that most assume the blogosphere to be, Becker and Posner's work is a gem. Authentic, responsive, and enormously fun, it should be read both in real time, and in the reflection of a published work.” (Lawrence Lessig)"The best way of getting into the economics of what is known as the 'Chicago School' without paying tuition." (Elizabeth Taylor Chicago Tribune)“An excellent book . . . . For anyone who wants a quick and easy crash course on Chicago economics-style thinking, this book is as good as it gets. . . . I read nearly the whole book in one sitting.” (Steven D. Levitt New York Times)"In December 2004, Gary Becker and Judge Richard Posner, two intellectual superstars, created a weekly Internet blog that examines a wide variety of topics with the tools of economics. This book culls from the blog's first 28 months 49 posts that they consider their best, most interesting, and most lasting. Becker and Posner do not persuade by using authority or clever rhetoric--they write in a dry academic style--but they attempt to make a clear, logical case for their positions using economic reasoning. Occasionally they discuss conventional economic topics, but more often they write about broader and more provocative issues such as sex and population, universities, crime and punishment, the environment and disasters, and a miscellany of world problems. Both write on each issue; they usually agree with each other, but not always. The book's primary appeal is that it shows how two first-rate economic thinkers analyze issues. . . . Highly recommended. All levels and libraries." (Choice)
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Product details
Hardcover: 384 pages
Publisher: University of Chicago Press; 1 edition (November 1, 2009)
Language: English
ISBN-10: 9780226041018
ISBN-13: 978-0226041018
ASIN: 0226041018
Product Dimensions:
6 x 1.3 x 9 inches
Shipping Weight: 1.4 pounds (View shipping rates and policies)
Average Customer Review:
3.6 out of 5 stars
6 customer reviews
Amazon Best Sellers Rank:
#388,454 in Books (See Top 100 in Books)
If you have followed Becker & Posner's Blog, no need to buy this.If not, Common Sense is a very insightful set of brief and intelligible position papers on controversial topics that are debated as gentlemen are intended to argue their positions.There are 49 `current topics' that are adroitly argued with facts and insights. The topics are sharply distinguished as controversial, left and right, for or against, matters of the heart or otherwise. Whether you are for or against the argument, for the sake of the argument, Common Sense is effective and interesting.This collection is certainly one of the best for serving up both sides of the issue. Quite interesting all around.
A difficult read but comprehensive.
Two authors whose knowledge about economics and its role in our lives is undeniable. Certainly worth the read!
Great for short and powerful insights, as opposed to the more intensive books (even by the same authors) on the subject. Easier read.
for a book that was presented to somebody who is interested in Freakonomics. It is stolid and predictable, a series of ponderous explanations of contemporary social phenomena. Not entertaining, and not very elucidating either.If two authors are going to be this pedantic, they should at least go through their blogs and organize them, look for a central theme, and present a single point of view. The dialectic isn't terribly informative when the two participants agree to such a great extent.
Judges who like to express their opinions on a great many sundry items are useful reference points.However, as is common these days, it's far easier to express an opinion than to have a genuinely educated one, which is particularly a danger with older judges who have assistants that perform much of the distillation an intellectual diligence in any given case. The level of education on the various topics covered by Becker and Posner is spotty, amounting sometimes to a rather smug circular argument based upon very limited premises..
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