Super Freakonomics Chapter Summary

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AP Micro Extra Credit Due March 30th Chapter Summaries The book Super Freakonomics began with the illustrious title of “How is a Street Prostitute like a Department-Store Santa?” While I thought I would learn about the correlation between the two, this chapter primarily focused on the economic forces that play a key role in the world’s oldest profession; prostitution. We are first introduced to the average salary of a prostitute in Chicago. These women work for only 13 hours a week, while performing 10 sexual acts during this period of time. Coupled with an approximate hourly pay of $27, she will take home an average of $350 per week. Then, we are introduced to LaSheena, a part-time stripper who takes part in Venkatesh’s study. While…show more content…
In addition, I find it important to mention one of the keep points that were touched upon in this chapter with regards to the ways in which prostitution is dealt with by law enforcement officials. While the police chiefs aim to arrest more prostitutes, they are being undermined by the policemen under their control. In fact, as I read this book I found that based on data, prostitutes are highly more likely to provide a free service to a policeman then actually get arrested. From there the chapter simply reviewed how law enforcement aims to deal with the ever-growing problem of illegal activities. Their efforts are primarily unproductive. While they do try to get more of the suppliers off of the streets, it simply raises the price of the product. Hence, more suppliers are encouraged to enter the market because they believe the rewards outweigh the risks. Chapter two of Super Freakonomics begins with yet another comical title that reads, “Why Should Suicide Bombers Buy Life Insurance?” This chapter draws in the readers with compelling aspects why terrorism is so cheap and easy, and of both birth and death. I will begin with the talk of terrorism. Primarily, it is cost effective because it leads to the cost going up for everyone, and not
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