Freakonomics Why do Drug Dealers Still Live with their Moms? Kaden Cox POLS 101 Summary In this chapter‚ this question is asked: Why do drug dealers live with their moms? This question is answered throughout the chapter. Next‚ Levitt begins to explain how if your’e looking to make money‚ dealing drugs is one of the best ways to make big money in America. One drug in specific‚ crack‚ makes up much of drug dealing money. Levitt begins to explain a story how back in the 1980s‚ a University of
Premium Family Mother Drug addiction
chapter 3: freakonomics conventional wisdom: body of ideas or explanations generally accepted as true by the public or by experts in a field challenging the conventional wisdom of a sticky social situation may be difficult since experts are usually the ones presenting the facts advertising increases the demand of a market good “pitched as a solution for “chronic halitosis”—a then obscure medical term for bad breath. Listerine’s new ads featured forlorn young women and men‚ eager for marriage
Free Gang Crime Minor league
WHY DO CRACK DEALERS LIVE WITH THEIR MOTHER’S Topic: Crack Epidemic Speaker: Steven Levitt Discussion: The discussion was a comparison between a gang and a business. Sudhir Venkatesh is William B. Ransford’s Professor of Sociology and author of “American Project” and “Gang Leader for a Day”. Sudhir risked his life to study a gang in a housing project in Chicago where he was held hostage for a night and went back the next day and was then allowed full access to their lives and financial
Premium Freakonomics Urban decay Bloods
I read the book for university class! -Freakonomics Summary HERE Remember. This. Is. A. Spoiler. Those who haven’t read yet- close these… and go read it peeps!!!! Summary of Freakonomics – short (this’ll be my essay for university :> ) Chapter 1: What Do Schoolteachers and Sumo Wrestlers Have in Common? This chapter’s main idea is that the study of economics is the study of incentives. We find a differentiation between
Premium Freakonomics Sumo
2016 Freakonomics: Chapter 2‚3‚5 Freakonomics chapters two‚ three‚ and five intrigued me the most due to the chapter titles. In chapter two‚ the authors discuss the title question of the chapter‚ “How is The Ku Klux Klan Like a Group of Real-Estate Agents.” How does the world relate to one another‚ and how are groups the same in an information asymmetry aspect. In chapter three‚ the authors discuss the title question of the chapter “Why do Drug Dealers Still Live with Their Moms”‚ are drug dealers
Premium Ku Klux Klan
Freakonomics by Stephen Levitt and Stephen J. Dubner Introduction: The Hidden Side of Everything There are several things required to understand the world through economics: first‚ knowing the incentives of all parties; second‚ realizing that conventional wisdom is usually wrong; third‚ understanding that most effects have subtle and distant causes and the most obvious is often the wrong one; fourth‚ specialists like salesman and lawyers use obscure knowledge to achieve their own ends and
Premium Ku Klux Klan Freakonomics Sumo
Freakonomics: Reading Questions Chapter 1: Why do school teachers and sumo wrestlers cheat? 1. An incentive is something that is used to motivate or use as an encouragement to improve whatever the person is doing. In studying economics‚ incentives are used as form of payments‚ to encourage businesses to succeed in whatever they are doing. 2. The United States government puts a tax on foreign car companies to help United State citizens encourage to buy the American made cars. This acts
Premium Crime United States Standardized test
Tre’Voris Word 28 February 2014 Coach Young Economics Freakonomics Freakonomics is a book about provocative analysis of human motivation and modern living. It reveals to the reader a common world through a totally different pair of lens. The author uses the raw data of economics to ask imaginative questions while it forces the reader to think cleverly and divertingly of the answers. The author’s approach to economics was done in a very unconventional way- as a smart‚ curious explorer parallel to
Premium Sociology Gang Illegal drug trade
In Chapter 4 of Freakonomics‚ the main subject is the question on why criminal activity has declined so rapidly at such a sharp rate in time. This chapter goes in depth and explains the relevance between abortions and the impact it had on society. While crime is still going on today the overall statistics of criminal actions has decreased at such a high numbers many questions were asked on how and why this has happened. This chapter goes into detail on the 1990’s in which one big law was passed that
Premium Crime Criminology Sociology
In the first chapter of Freakonomics‚ the authors of the book used a quote that in my opinion best describes the whole idea of the chapter. That quote is “a thing worth having is a thing worth cheating for” by W. C. Fields. This quote perfectly summarized the whole chapter’s idea incentives‚ the idea that incentive “is simply a means of urging people to do more of a good thing and less of a bad thing” and how incentive “is a bullet‚ a lever…‚ [and] an often tiny object with astonishing power to
Premium Freakonomics Motivation