Tuesday, August 13, 2019

Drug dealing vs. McDonalds (Freakonomics)

Steven Lewitt (TEDTalks, 1/16/07); Pfc. Sandoval, Seth Auberon (eds.), Wisdom Quarterly


The freakonomics of McDonalds vs. Drugs
(TEDTalks) Freakonomics author Steven Levitt presents new data on the finances of drug dealing gangs. Contrary to popular conception, he says, being a gang-member street-corner crack dealer isn't lucrative: It pays less than minimum wage. And your boss can kill you.

TEDTalks is a daily video podcast of the best talks and performances from the TED (technology, entertainment, and design) Conference, where the world's leading thinkers and doers are invited to give the talk of their lives in 18 minutes -- including speakers such as enlightened neuroscientist Jill Bolte Taylor, Sir Ken Robinson, Hans Rosling, Al "Loser" Gore, and Arthur Benjamin. TEDTalks cover many topics and science, business, politics, and the arts. Watch the Top 10 TEDTalks on TED.com, at ted.com/index.php/talks/top10.

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