The Gutman Group

Dear reader, we hope you are enjoying mooching off of all our hard work, because we are certainly not having much fun providing it to you. If you like the content on this site then to subscribe to our RSS feed and follow us on Twitter...or risk being poor forever. Consider it like insurance or something...

I’ve been reading the super best-selling book Superfreakonomics made by the crack jack team that brought us the original Freakonomics and I must say, it has some pretty useful information, especially for aspiring for pimps and prostitutes (seriously, this is what people buy).

13 things Mr. Moneybags has learned from reading Superfreakonomics:

1. If you are worried about being arrested for buying sex, worry no longer! Data shows that a man who solicits a street prostitute is likely to be arrested about once every 1,200 visits – so just make sure you go 1,199 times and you should be fine.
2. Friday is the busiest night for prostitutes, Saturday is the most profitable
3. Dr. Leonard’s Barber Magic hair trimmer sells for $12,99 whereas its Barber Magic Trim-a-Pet sells for $7.99 even though it’s virtually the same product
4. If you have drugs, prostitutes are willing to give a discount in exchange for some
5. The best way to get a discount is by hiring the prostitute directly rather than dealing with the pimp
6. Condoms are used less that 25% of the time (this statistic actually surprised me)
7. A prostitute working with a pimp is less likely to be beaten up by a customer or forced into giving freebies to gang members and still make more money, despite giving a commission to the pimp
8. Pimps range in age from their early thirties to their late thirties and make roughly $50,000 a year
9. There’s also no point in arresting them, since there will just be fighting to replace the pimps and the violence is worse than prostitution. Instead, cops make deals with them, such as to stay away from the park when kids are playing there and to keep prostitution hidden.
10. Of all the advantages of a prostitute gained by using a pimp, not getting arrested was one of the biggest…mainly because police officers get freebies
11. A Chicago street prostitute is more likely to have sex with a cop rather than to be arrested by one
12. If you are an “escort” using the internet as your means of communication with clients, here are some important tidbits of information:
    1. Be careful
    2. Don’t be willing to meet a stranger in a parking lot
    3. You need to know something in advance about your clients
    4. When a new client contacts you online, don’t book an appointment until you have secured his real name and work telephone number
    5. Call the morning of their date just to say how excited you are to meet him, this way if something goes wrong you could storm his office and perform the “crazy ho’ routine”
    6. Raising your price from $200 to $500 an hour will make virtually no change in demand
    7. Eros.com and BigDoggie.net attract the right kind of clients who don’t waste ad dollars (yes, prostitutes advertise their services just like your typical business)
    8. Most clients are middle-aged white men, 80% of whom are married
    9. By working 15 hours a week, you can make an annual salary of over $300,000
    10. Clients treat you better when you charge them more money, including wining-and-dining and meaningful conversations
    11. High wages, flexible hours, and relatively little risk of violence or arrest
    12. “The real puzzle isn’t why someone becomes a prostitute, but rather why more women don’t choose this career.”

And that’s what I learned from reading Superfreakonmics! Actually, al that information is from one chapter called, “How is a street prostitute like a department-store Santa?” The answer is: both take advantage of short-term job opportunities brought about by holiday spikes in demand.

So, if you are an aspiring pimp, prostitute, terrorist, economist or just want a somewhat informative read, pick this book up…or else.

Some random posts you might enjoy: