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Michael Kleinheinz

Steven Levitt: Why do crack dealers still live with their moms?

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In an eye-opening talk -- presented before the publication of Freakonomics -- Steven Levitt presents one of the book's more fascinating analyses. Sifting data collected through first-person interviews with a Chicago drug gang, he shows that drug dealing is not at all a quick route to riches. And yes, a drug gang does have a org chart.

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Tags: advanced, economics, thinking
Views: 134

 

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