Freedomnomics: Why the Free Market Works and Other Half-baked Theories Don't

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Are free market economies really based on fleecing the consumer? Is the U.S. economy truly just a giant free-for-all that encourages duplicity in our everyday transactions? Is everyone from corporate CEOs to your local car salesman really looking to make a buck at your expense? In Freedomnomics: Why the Free Market Works and Other Half-Baked Theories Don't, economist and bestselling author John R. Lott, Jr., answers these and other common economic questions, bravely confronting the profound distrust of the market that the bestselling book Freakonomics has helped to popularize. Using clear and hard-hitting examples, Lott shows how free markets liberate the best, most creative, and most generous aspects of our society - while efforts to constrain economic liberty, no matter how well-intentioned, invariably lead to increased poverty and injustice.

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John Richard Lott Jr. is an American economist and political commentator. Lott was formerly employed at various academic institutions including the University of Chicago, Yale University, the Wharton School of the University of Pennsylvania, and the University of Maryland, College Park, and at the American Enterprise Institute conservative think tank. He is currently a Fox News opinion contributor. He holds a Ph.D. in economics from UCLA.

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