Crack Cocaine Corporation

Here is a 22 minute video by Steven Levitt, famed economist and author of Freakonomics. He talks about the economics of being in a crack cocaine gang and, surprisingly, it is very similar to being in a regular corporation. If you see the full video, you will understand why the big boys are paid so much, compensating differential and marketing concepts very quickly.

1 comment:

  1. that was one of the chapters in the book.. just incredible. really makes u rethink some stuff.. i was trying to figure out the next best legal substance that i could do the same thing with.

    but krispy kreme donuts are trademarked.