Stephen Dubner's Freakonomics

One of the primary fundamental ideas expressed in Freakanomic is that “incentives are the cornerstone of modern life”. An incentive is persuading people to do more good than bad. Levitt defines three types of incentives, social, economic, and moral. The authors state that individuals including sumo wrestlers and teachers, will behave unprofessionally to meet their needs and desires, if the incentives are good enough. A schoolteacher’s incentive to cheat has increased due to high-stakes testing. While a sumo wrestler’s chance of cheating will increase when he is on the bubble since the outcome of his matches will affect every aspect of his life. In order to determine if these incentives to cheat exist, specific data is viewed. For the

The sad reality is that society does not take a minute to step out of their shoes and try to understand why someone becomes a gang member. Throughout Barking to the Choir, two common themes that arise is the lack of love, and growing up with a rough childhood. For many, survival becomes the priority, especially if they have siblings to look out for. Thus, gang life is not an ideal choice but rather a lucrative option. Through Rational Choice Theory, it is easy to place blame on the gang member, but the reality is that for a plethora of gang members there was no other

One of the main economic problems that many people, particularly gangs, in Robert Taylor faced was the fact that they didn’t want to trade in their status for entry-level jobs because in many cases, gang leaders made far more than they would have if they worked minimum wage jobs (72). Many of the gang leaders such as J.T. held the false belief that the drug economy was “useful for the community, since it redistributed the drug addict’s money back into the community via the gang’s philanthropy” (115). However, the drug economy is not a stable or lucrative economy compared to your average jobs because it was clearly very hard for people to get ahead in gangs, thus no one ever had a fair shot of earning more money in their life span. Nevertheless, the situation can tend to be a grey area of debate since a lot of the residents did attempt to hold blue-collar jobs but continued to get laid off (60). In this case, the underground economy of drug sales may have been the only choice for residents looking for an income. Another way the gangs play into the economic situation is when there are drive by shootings, in which case parents

In chapter one of Freakonomics, Stephen Dubner and Steven Levitt describe how when incentives are strong enough, many usually honest people from different walks of life will cheat in order to gain financially or climb the ladder in their careers. The authors define an incentive as “a means of urging people to do more of a good thing or less of a bad thing.” This chapter covers three varieties of incentives: Economic, Social and Moral. Economic incentives motivate people with the promise of money or goods. Social incentives motivate people to respond in a certain way because they care about how they will be viewed by others. Moral incentives motivate people on the basis of right and wrong. We look at four

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.

Even though gangs provide a sense of support, the "values" instilled in members are horribly dangerous to society. Murders and drive-by shottings go unpunished more often than not in areas like the Henry Horner Homes. Gangs have become powerful enough that high-ranking members who are forced to face the law are protected by high-priced attorneys and investigators (163).

Rational Economics Theory is utilized as an umbrella argument to explain why all individuals, including youths, become integrated into gang organizations. The theory is downright the same to microeconomic Rational Choice Theory and argues that individuals, in their desire for financial gain or more utility, utilize gangs and criminal organizations as a means to achieve their ends. Gangs are seen as nothing more than businesses or organizations that serve a primary economic function and act to provide financial sustainability for those without the ability to achieve it through other, more legitimate means.

1. Chapter three, Why Do Drug Dealers Still Live With Their Moms?, expresses an intriguing thought by authors, Steven D. Levitt and Stephen J. Dubner. The Freakonomics authors follow a courageous man, Sudhir Venkatesh, a student at the University of Chicago, in his effort to understand and research the mysterious drug dealing business. Venkatesh first approached dangerous gangs and dealers in Chicago with a simple survey to learn more about them. After stumbling upon a branch of the “Black Gangster Disciple Nation”, Venkatesh wanted to take his study further. J.T., this specific branches leader, was interested in Venkatesh’s survey and initiated him as a spectator to his group. Venkatesh was integrated with this group for six years an acquired an immense amount of information on drug and gang groups. Thankfully, J.T. kept documents on the group 's wages. By looking at these books, Venkatesh was able to identify the hierarchy of a typical drug cartel. Which is where the main question of chapter is answered. Only the people on the top of the system made good money, for example, J.T. Contrary to popular belief, lower jobs of this business like foot soldiers make only $3.30 an hour, below minimum wage. Despite the fact that the foot soldiers are the ones who physically put their life on the lines. This style is compared to major corporations such as McDonald 's for a more context comparison. However, the people that are

“Gangs have morphed from social organizations into full-fledged criminal enterprises” (Thomas, 2009, para 5). Gangs are highly sophisticated and more dangerous then ever. The number one reason to join a gang is money; and 95 percent of gangs profit comes from drug dealing

In Freakonomics, Levitt and Dubner write in a colloquial fashion and tend to keep their writing informal. For example, when they write, “like the proverbial butterfly that flaps its wings on one continent and eventually causes a hurricane on another” the allusion to the butterfly effect serves to engender common ground with their audience (Levitt and Dubner 5). Additionally, by using the word “butterfly” Levitt and Dubner are able to create imagery which will help their audience better visualize their simile. Also, when Levitt and Dubner write, “it may sometimes feel as if we are peering at the world through a straw or even staring into a funhouse mirror,” the words “straw” and “funhouse mirror” create vivid imagery which helps the audience to better visualize the narrow scope through which people view the world (Levitt and Dubner 14).

Within its 300 or so pages, Freakonomics manages to cover a vast scope of topics that typically wouldn’t be seen as related at all, let alone bound within the same two covers of a best-selling book. From sumo wrestlers to real-estate agents to drug dealers, Levitt and Dubner delve into these and many other unconventional topics in a way that shines a new light on all of them--in a way that an economist would look at them.

1.In the book, Freakonomics, the authors discuss about a group called the Ku Klux Klan. The KKK was very popular in the nineteenth and twentieth centuries. In the article “27 Important Facts Everyone Should Know About The Black Panthers” by The Huffington Post, a group called the Black Panthers was also popular in the twentieth century. The Black Panthers differ from the KKK in many ways, for example the Black Panthers wore black leather jackets and black berets, opposed to the KKK white sheets and hoods. A major difference between the two group was that while the KKK was hunting down black people, the Black Panthers were trying to protect the black community.Another notable difference between the two groups is that the KKK was aided by the

In chapter 1, Levitt and Dubner describe how many people in different cultures and walks of life, which are otherwise inclined to be honest, find subtle ways of cheating to advance their position or increase monetary awards when incentives are strong enough. The authors define an incentive as “a means of urging people to do more of a good thing or less of a bad thing,” and identify three varieties of incentives. Economic incentives are those, which a person responds to in the marketplace. Social incentives motivate people to respond in a certain way because they care or are worried about how they will be viewed by others. Moral incentives appeal to a person’s sense of right versus wrong. Three case studies of the

The nonfiction book Freakonomics, published in 2005, describes itself as “A Rogue Economist Explores the Hidden Side of Everything”. It connects anything from game-fixing and statistics to abortion and crime to the economics of those things. The aim and scope of Freakonomics is to analyze data and statistics and relate it to what is occurring in the United States as well as the rest of the world. The fictional movie 12 Angry Men follows 12 men as the decide whether or not there is enough evidence to sentence an 18 year old boy to death for allegedly killing his father.

The sociological analysis of gang membership explores the different types of effects that arise due to criminal involvement. Because of the social conflicts that are associated with gang membership, this paper will explore the different theories of social learning and both personal and control issues that relate to the recent surge in crime across Chicago. As we open the doors of a crime ridden society, the truth begins to unfold. It isn’t just the thought of helping, it is the action that remains the barrier between living a life of crime or a life that carries hope.