TED

Crack cocaine economics and six ways to get off it

September 2, 2008 General

This amusing talk by economist Steven Levitt, filmed at TED Talks shows what it is like being at different points in the crack cocaine gang hierarchy. He makes the comparison between the org structure of a modern enterprise and that of the gang, noting many similarities. The final slide (see illustration) has particular potency. As [...]

Read the full article →