Freedomnomics takes an economic look at the effects of the free market, and presents some arguments against those found in Freakonomics by Steven D. Levitt and Stephen J.

"[3][4] In the book, Lott argues that right-to-carry laws in the U.S. have contributed to reduced rates of gun violence, that the public availability of abortion causes a rise of illegitimacy, and that female suffrage has led to government growth, among other viewpoints.

[3][5] Readings in Applied Microeconomics: The Power of the Market, a work edited by Craig Newmark and published by the Taylor & Francis Group, later excerpted sections from Freedomnomics in 2009.

He also asserts that these laws redirect money from politicians to political action committees, thereby increasing the occurrence of negative campaigning.

[11] Lott asserts that professional licensing prevents the highest quality entrants from entering professions from barbering to practicing law.

He points out that even though he has been a university professor for many years, he is not legally able to teach at public high schools in most states because of government regulations.

[14] Robert VerBruggen, an assistant editor at The Washington Times, praised the book by stating that it "entertains, educates and argues forcefully."