Levitt's Freakonomics

In the book Freakonomics, written by economist Steven D. Levitt and journalist Stephen J. Dubne, the authors go through different parts of modern life to show how economics describes why people act a certain way as well as the way specific outcomes occur. They look into different aspects of society and view them with different perspectives. With the use of specific data and the fundamentals of economics, the very obscure comparisons and the different chapters in the book show correlation between economics and human nature. The main point of this book is to explain a few fundamental ideas through the answers of strange questions and how they play a major role in society.

We live in a culture where success is increasingly defined by a paycheck and is seemingly as important to the parent as the child. Raising children to be “successful” is increasingly becoming an obsession for upper-middle-class-parents, who encourage certain activities and scores to provide their child with the best chances of attending elite schools. The article focuses on the inherent advantage upper-middle-class parents provide but fails to mention those who the parent’s action affects: their children.

Levitt and Stephen J. Dubner, Levitt and Dubner utilize intriguing rhetorical questions, compelling anecdotes, and interesting allusions to refute the legitimacy of conventional wisdom. Freakonomics also attempts to inform and entertain readers with interesting facts. Levitt and Dubner explicitly reveal their purpose when they state that “the aim of this book is to explore the hidden side of . . . everything” (Levitt and Dubner 14). The authors intend to debunk commonly held beliefs by looking into a wide range of unusual inquires, and they use rhetorical questions such as “what do schoolteachers and sumo wrestlers have in common?” in order to lead into deeper issues(Levitt and Dubner 15). Like Socrates, Levitt and Dubner rely on questions as a means of achieving deeper understanding, and while outwardly sumo wrestlers and schoolteachers don’t have much in common, Levitt and Dubner reveal that both are connected in an unexpected way:

​Freakonomics is a book that explores the many possibilities of why some things are the way they are. Principles of everyday life are examined and explained while Steven Levitt and Stephen Dubner search for logic in statistical economics. This book answers the questions: how can things affect what people do, why are things the way they are, and why experts routinely make up statistics. This book highlights the commonalities between schoolteachers and sumo wrestlers as well as the Ku Klux Klan and real-estate agents, the life of drug dealers, criminals, and the art of parenting.

While both styles of parenting have their benefits and weaknesses, the educational system of the United States is built predominantly on middle class values and Concerted Cultivation. Consequently, this may negatively affect how children who aren’t familiar with this upbringing navigate their already complex academic and home lives. This imbalance within the student population can put some students farther ahead and at the same time neglect students who don’t have the resources they need to keep up with their peers. Lareau refers to this as “transmission of differential advantages to children”. She states the benefits the advantages that middle-class homes typically offer:

The author Steven Levitt studied economics at Harvard University and MIT. He is primarily known for his work in the field of crime. The title Freakonomics means a study of economics based on the principles of incentives. The title is related to the book since he emphasizes how incentives drive and affect people’s actions. Although this book does not have a single theme, the main focus of the book is a new way of interpreting the world using economic tools. He explores incentives, information asymmetry, conventional wisdom, crime and abortion, and parenting throughout the six chapters of the book.

In chapter 2 of Freakonomics the main argument is that the absence of information can be used for personal gain. The main example used to display this tactic is when the KKK is compared to real estate agents. Although the crafty practice of real estate agents is in no way similar to the horrors of the KKK, they have a distinct similarity when it comes to the hoarding of information. The majority of the chapter focuses on the history of the KKK and Stetson Kennedy’s effort to stop it through the infiltration and exposure via radio of the Klan. Since the Klan was dependant on their violent—despite not being extremely violent—reputation, the disclosure of the information they had withheld from the public rendered them powerless. The narrators

How does parent involvement affect children’s academic success in low socioeconomic areas? Does socioeconomic status and parental involvement play a major role in the academic success of teens? Many reasons can contribute to the low level of success of some teens. The thrilling memoir, The Other Wes Moore, provides readers with two scenarios, one resulting in success, and one resulting in failure. Teen’s who are raised in low socioeconomic areas, and who have a minimal level of parental involvement, tend to perform poorly in academic settings.

Amanda and Erica’s grades may differ for a variety of reasons. Studies show that the more academic activities a parent is involved in is significantly associated with their child having higher literacy achievement, lower rates of grade retention, and fewer years needing special education (Miedel & Reynolds, 2000). Amanda’s father’s income, education, and occupation also all correlate with her literacy abilities (Buckingham, Wheldall, & Beaman-Wheldall, 2013). Parental education has the strongest influence of the three (Buckingham, Wheldall, & Beaman-Wheldall, 2013).

A study was done comparing family structure between whites and blacks to determine how important of a role family structure plays in education. Not to my surprise, most of the percentages were higher among whites, but not by very much in any category. More single mothers who were black were more involved in school planning than white mothers. More black mothers told their children what was educationally expected from them; more talked with their kids daily, and checked their schoolwork.

In the book Freakonomics, by Steven D. Levitt and Stephen J. Dubner, is made up of a series of scenarios in which an economist and a journalist apply basic principles of economics to demonstrate that information can often expose interesting truths about how the world operates. It uses the science of economics and specific data to challenge our assumptions about everything. In the book Freakonomics by Levitt & Dubner, compares and contrasts two groups of people or things by using their informational data. This is called juxtaposition, which means the fact of two things being seen or placed close together with contrasting effect. Levitt and Dubner look at the world in a way that is both surprising, occasionally funny, and always enlightening. They do so by drawing unexpected connections between two greatly different but complementary aspects of sociology and economics, such as sumo wrestlers to school teachers, KKK members to the real estate agents, and lastly, crack gangs to McDonalds.

In chapter four of Freakonomics, Levitt and Dubner discuss the downturn of criminal activity in the United States. They begin the chapter by giving a summary of Romania’s abortion law, and then they switch to the history of criminal activity in the U.S. At the end, they also make sure to connect the ideas while including clear explanations of their perspectives (Levitt and Dubner 105-132). The way they examine some of the most impactful components that decreased felonies in the U.S., such as dependency on prisons and police strategies/quantity, is done in an effective way for the reader to understand.

In chapter 5 the author summarizes the results of studies by his coauthors, as well as other studies, that examine the influence demographic, cultural and other variables have on the performance of school-age children on standardized tests. In a now familiar theme, the results are plangently counterintuitive. Based on a mountain of school children’s test scores, a successful child appears to be more “made” than nurtured, more mused than molded. The chapter begins by reviewing how many parents get educated on raising their children and how parenting experts swing from one extreme

What they were all responding to was the force of Levitt’s underly- ing belief: that the modern world, despite a surfeit of obfuscation, complication, and downright deceit, is not impenetrable, is not un- knowable, and—if the right questions are asked—is even more in- triguing than we think. All it takes is a new way of looking. - Stephen J. Dubner.

The Department of Education and Training and TISC have produced research that has indicated that children from low socio economic areas on average have far fewer students that enter university. The reason for this is that these parents have no previous experience with higher education and often don’t value this education in the same way parents from affluent areas do, hence the children do not have the role models to follow. Many of these families also do not have the finances to access school of choice and provide resources within the home that may enhance their development. Many of these parents also lack their own educational knowledge that allows them an understanding of how a child’s development processes. A simple example of this may be the fact that these parents may not understand the value of early intervention with developmental processes such as reading (How Kids Develop, 2008) i.e. simply reading to them each night.