Saturday, May 12, 2007

TED Talks. Steven Levitt: Why do crack dealers still live with their moms? (video)

TED Talks Steven Levitt: Why do crack dealers still live with their moms? (video)

Freakonomics author Steven Levitt presents new data on the finances of drug dealing. Contrary to popular myth, he says, being a street-corner crack dealer isn’t lucrative: It pays below minimum wage. And your boss can kill you.