Steven Levitt

befriended, and embedded himself within a local crack gang. After a half decade at the side of Chicago’s beating heart, Venkatesh was offered a glimpse into unfiltered gang life- four years’ worth of financial transactions. When economically analyzed, Steven Levitt concluded the crack distribution system was comparable to a stripped-down and simplified McDonald's organization chart. Steering the organization through the rocky waters of crack was a comparable hierarchy of workers. At the top –…

In Steven Levitt and Stephen Dubner’s Think Like a Freak many key aspects of challenging unconventional thinking and “thinking like a freak”. One piece of advice the book offers is to incentivize people, but don’t manipulate them. This is valuable advice, which many people will find to be a beneficial resource to getting what they want. Incentives can be useful in achieving goals that would be otherwise unattainable without the help of others. Humans are inherently selfish beings, not…

People are altruistic when helping is profitable. In chapter 3: “Unbelievable Stories About Apathy and Altruism” of their book SuperFreakonomics (2009), Steven D. Levitt and Stephen J. Dubner state that people are not pure altruistic. (125) Furthermore, people are altruistic when there are beneficial incentives for them. On my high school’s Hallowmas back in China, some students have booths for selling things. One friend who wanted to sell lottery tickets asked me for help because he didn’t have…

Steven Levitt and Stephan Dubner in their essay “Freakonomics: The Hidden Side of Everything.” (2005) Levitt and Dubner argue that economics is, at root, the study of incentives. They mention the many different types of crime and the rate that it is increasing and decreasing as time goes by. Levitt and Dubners essay points out how often a crime really is happening in different ways that most people would not even realize that it is taking place. I believe that crime is affecting our world…

business college graduate, JT. He was also able to widen his research after obtaining the notebook, which had the four-year record of the gang’s financial transactions. After completing his graduate work, he decided to collaborate with an economist, Steven Levitt, to further validate his findings. As a result, Venkatesh’ backgrounds and his personal involvement and experience on a drug trade gain valuable insights into the validation of his research.…

He met a man named Steven Levitt who was intrigued by his work. Levitt was most interested by how much the gangs kept track of their doings. It was almost impossible to tell the difference between how the gang was ran and how the Mcdonald's Franchise was. J.T. was a manager and had a board. He paid…

“Freakonomics” by Stephen J. Dubner and Steven levitt was something that i was interested reading when i seen the title on Mr. Seal’s shelf because, I am in Economics, and I wasn’t too sure if I would understand everything in that class, so I thought maybe reading a book about economics in my english class could help boost up my knowledge for econ. This book was a great book, I finished it within a 3 week period, reading not every night, but catching up on the nights I missed out on by reading a…

Higher Education Quarterly 66.1 (2012): 24-46. Academic Search Complete. Web. 9 Mar. 2016. Lawrence, Frederick, et al. "Cultural Conflict In Corrections: A Review". American Jails 29.5 (2015): 30-35. Academic Search Complete. Web. 9 Mar. 2016. Levitt, Steven R. "Cultural Factors Affecting International Teamwork Dynamics." International Journal Of Knowledge, Culture & Change In Organizations: Annual Review 13.(2015): 9-23. Academic Search Complete. Web. 1 Mar. 2016. Özturgut, O. Understanding…

In the 2000s, abortion became acceptable and normal to talk about and Freakonomics, Market Populism and the Abortion-and-Crime Theory was published in 2005 by economist Steven Levitt from University of Chicago and Stanford law professor John Donohue III about the abortion and-crime theory. The book does not refute or accept the theory, merely explaining it in a fact-based manner. Essentially, the theory states that the effects of legalizing abortion reduces crime. There is an inverse correlation…

Abortion laws will always be seen as a controversial subject. In Freakonomics, Steven D. Levitt and John Donahue discuss the correlation between crime rate and abortion laws. They dismiss other factors such as gun control, proactive policing and increased incarceration rates and instead focus on the theory that Roe v. Wade played a greater role in crime rate fall. In 1973 Roe v. Wade ruled anti abortion laws unconstitutional. This allowed for unwanted pregnancies to be terminate. Data supports…