The KKK and Real Estate Essay - 1227 Words

To what extent are real estate agents similar to the Ku Klux Klan? There is no stronger incentive than fear. Clans and secret societies are everywhere; Lawyers, police man, business man, politicians, life insurance sellers, car sellers and real estate agents are just some examples .The difference between them and the Ku Klux Klan is the aim and the means used to achieve their objective. The Klan’s aims is â€Å"by force and terror ,to prevent al political action not in accord with the views of member ,to deprive colored citizens of the right to bear arms and of the right of a free ballot ,to suppress the schools in which colored children were taught ,and to reduce the colored people to a condition closely allied to that of slavery†( Levitt ,†¦show more content†¦The public felt incapable in contradiction of them since they had no power over them. Stetson Kennedy broke into the secrets of the Klan by interviewing and sympathizing with the leaders of the clan which he had some contacts which helped him act as if he was in the sa me side of the problem. In his novel his code name was John Brown .This work would have been easier if Kennedy would of have internet he would of â€Å"blogged his brains out† (Levitt Dubner 60). Hatred and Profits: Getting Under the Hood of the Ku Klux Klan.† In this paper, they analyze the 1920s Klan, those who joined it, and the social and political impact that it had. They utilize a wide range of newly discovered data sources including information from Klan membership rolls, applications, robe-order forms, an internal audit of the Klan by Ernst and Ernst, and a census that the Klan conducted after an internal scandal†. This is the same that Kenney accomplished. Brown was capable to divulge that the Klan’s man used to append a Kl to many words at the beginning. The secret hand shake was a left/handed, limp wristed fish wiggle. When someone wanted to communicate with a Klan member he would ask for a Mr. Ayak (are you a Klansman) and he would hope for a re sponse like Yes and I know a Mr. Akai (a Klansman am I).The incentive marked by the Klan which was lynching was not so used as it is thought it just made the ColoredShow MoreRelatedThesis Of Freakonomics1352 Words   |  6 Pagesbook. There are five important principles in this book which are â€Å"Incentives are the cornerstone of modern life†, â€Å"The conventional wisdom is often wrong†, â€Å"Dramatic effects often have distant, even subtle, causes†, â€Å"Experts—from criminologists to real-estate agents—use their informational advantage to serve their own agenda†, and â€Å"Knowing what to measure and how to measure it makes a complicated world much less so†. The thesis of this book is that it is important to question and think sensibly aboutRead MoreAnalysis Of The Book Freakonomics By Steven D. Levitt895 Words   |  4 Pagesasymmetry can be seen with real estate agents and the kkk. While the real estate agents gather mor e information than their clients to make a profit, the kkk’s informational asymmetry contains the clan’s secrecy such as passwords and nicknames to continue terrorizing blacks and others. Since both groups focus heavily on their information, it can be a problem if this information is exploited. The kkk’s information began getting exploited when Stetson Kennedy joined the kkk. By joining the group, kennedyRead MoreThe World Of Economy, By Steven Levitt And Stephen Dubner1517 Words   |  7 Pagesincentive. The focus of the second chapter of Freakonomics is the use of information to increase the strength or power. Levitt and Dubner demonstrate how information irregularity leads to exploitation of at least one person in the relationship. Real estate agents are used an example to show how information is transformed into fear by making a buyer believe that his property will sell for less than its actual value. Agents are able to communicate information about a property in a way that correlatesRead MoreFreakonomics and Misconceptions of Economy Essay1244 Words   |  5 Pagesparticular incentives for baby reaching needs cause people to behave irrationally. Freakonomics exemplifies the real-estate agent who works only to an extent because the incentives to work harder are low. One, they assume that homeowners selling their house are naive to this, and real-estate agents are practically mercenaries – who only care about their cut. Can it be so hard to believe some real-estate agents a ctually care about their clients? Well, Dubner Levitt think so. Tactful in preventing the readerRead MoreAnalysis Of The Book Freakonomics By Steven D. Levitt1195 Words   |  5 Pagesis both surprising, occasionally funny, and always enlightening. They do so by drawing unexpected connections between two greatly different but complementary aspects of sociology and economics, such as sumo wrestlers to school teachers, KKK members to the real estate agents, and lastly, crack gangs to McDonalds. In chapter one of Freakonomics, the comparison between school teachers and sumo wrestlers is a juxtaposition that was introduced in this book. The Chicago Public School System is an exampleRead MoreFreakonomics by Steven Dubner and Steven Levitt990 Words   |  4 Pagesof Everything† which is the best phrase to describe the books purpose. The book doesn’t have a set plot line like most books. The book makes people think about things different from how they normally would; for instance, the concept of real estate agents as the KKK. In the book Levitt and Dubner prove many times that correlation does not mean causation. However the book then goes in and provides of examples of how two unrelated items could in fact be connected. Thus, they are able to prove most unlikelyRead MoreThe Book That Caught My Eye Was Freakonomics : A Rogue Economist1967 Words   |  8 Pagesexample expressing commonalities between groups. The next example we see in chapter two is how is the Ku K lux Klan is like a group of real-estate agents. This chapter was harder for me to grasp so I had to read it multiple times to fully understand the point that the author was trying to get across. The overall commonality between the Ku Klux Klan and real-estate is this: false public proclamations. The economic term related to this is information asymmetry. The term is defined as when a personRead MoreFreakonomics by Stephen Dubner and Stephen Levitt1448 Words   |  6 Pageschapters’ main messages and the connections that were found within them according to the author. For example, when comparing the KKK and real estate agents, the author found that both groups of people are willing to strike fear in people to get what they want. The KKK will tell stories about people that are not necessarily true to gain the public’s attention, while real estate agents will try to get buyers to offer more for a house so they can get a higher commission. Now, another chapter deals with Read More Ku Klux Klan Essay1445 Words   |  6 Pageswere not Christians. nbsp;nbsp;nbsp;nbsp;nbsp;By 1879 the membership of the Klan was around eighty-five thousand members. Many of the visitors that came to the town of Pulaski were inspired by the KKK and when they went back home they decided to set up their own dens and branches of the KKK. There were more than a dozen of these groups all of, which were located in the south. Even though the growth of the clan was steady it lacked leadership and discipline, which caused many of the groups toRead MoreFreakanomics Book Critique1036 Words   |  4 PagesFreakanomics Book Critique What do the Klu Klux Klan, real estate agents, Chicago gangs, and sumo wrestlers all have in common? Surprisingly, economics. Steven D. Levitt, an award-winning University of Chicago economist with an unconventional view of the world, and his co-author Stephen J. Dubner, an intrepid author and reporter, set out to find the bizarre correlations between world events using economics in their 2005 New York Times Bestseller Freakanomics: Exploring the Hidden Side of Everything