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Freakonomics Radio cover image

568. Why Are People So Mad at Michael Lewis?

Freakonomics Radio

NOTE

The Trade-Off of Bribing

In the book, the narrator shares insights from his experience working in a crypto trading firm. He realizes that the law is not just what is written, but also what one can get away with. He discusses how people can misremember their states of mind to manipulate the legal system. Bribery and corruption have become ingrained in our criminal justice process. The narrator acknowledges that he knew about this trade-off but is still shocked by its effects. He highlights the unequal playing field between prosecutors and the defense, leading to alarming conviction statistics.

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