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SEX and Consequences: Abortion, Public Policy and the Economics of Fertility [dagger] is a model of contemporary social science discourse, revealing in one book both how the enterprise should be conducted and its vulnerability to tunnel vision on the big issues.
Phillip B. Levine, a professor of economics at Wellesley College, sets out in Sex and Consequences to explore the thesis that the role of abortion is akin to the role of insurance. Legal abortion provides protection from a risk (having an unwanted child), just as auto insurance provides financial protection against the risk of an accident. Legalizing abortion has a main effect of reducing unwanted births, ...