Freakonomics by Steven D. Levitt and Stephen J. Dubner focuses on our economy and the study of incentives. The two authors discuss comparisons that seem so foreign such as “What do school teachers and sumo wrestlers have in common?” and “How is the Ku Klux Klan like a group of real-estate agents?” Questions like these stir up the novel and essentially unravel the untold stories of life and consumption. Core economic principals are discovered within each story of the book. The title Freakonomics in itself has a humorous connotation with the combination of two words: freak and economics. Freak, by definition, means abnormality or oddity and most people might familiarize economics solely with finance or commerce. However, Levitt and Dubner break this common misconception and reveal how …show more content…
The informational advantage in this situation disappears. Real estate agents have an informational advantage over their clients by selling houses for less than what they are worth. Levitt and Dubner illustrate how experts of every kind can exploit you. Chapter three asks, “Why do drug dealers still live with their moms?” This chapter proves the misconception of rich drug dealers. Like any other business, crack gangs have a small amount of wealthy people at the top whereas the rest of the people are at the bottom. Drug dealers have the mentality and hopes of moving up the ladder just like any other businessman in a company. Chapter four asks, “Where have all the criminals gone?” Abortion is the answer in short. Many low-income teenage mothers were able to take advantage of it, avoiding the high possibility of their child growing up unwanted and impoverished, thus leading to crime. Because of the legalization of abortion, the significant crime rates have