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Chapter Summary: Freakonomics

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Summary In Freakonomics chapter three, a brave college student goes to answer a question many people do not think about which is shown in the title of the chapter, “Why Do Drug Dealers Still Live With Their Moms?” The answer ends up being that family is extremely important to the drug gangs even if they aren’t blood relative, and Sudhir Venkatesh basically gets adopted by a gang he stumbled upon.In the beginning the authors when through the use of conventional wisdom with economics, advertising, and incentives.

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Sudhir Venkatesh was sent into the poorest, black neighborhoods in Chicago, and had to convince the people there to answer his survey even if some of it could be considered blatantly disrespectful. The first question proved just how much danger he could have been in “How do you feel about being black and poor ( Dubner & Levvitt, 2005, p. 90).” This is like if some fancy rich, big city guy came to Scott County, and asked how the people feel about being considered white, poor, and redneck. A lot of people would be offended by this because this would be rude even if the statement was true, they would not want to admit it or let others know about it. …show more content…
A life insurance policy pays the family of the deceased so much money for so many years, and the gangsters did the same. This showed that family was everything to the gangs to the point that they would give up money to make sure the family was taken care of for a few years, but also to make themselves seem better in the eyes of community. Insurance companies do the same thing though different reasonings such as still making sure the family is provided for, but also making themselves some money

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