#266: A Former Crack Dealer On The Economics Of Dealing




Planet Money show

Summary: Lots of fancy economists write about the economics of illegal drugs. Here's a paper from a Harvard guy. Here's another co-authored by a couple Chicago guys. One thing missing from those papers: Actual drug dealers. So for today's podcast, we run some economic theory by Freeway Rick Ross (pictured), who was one of the biggest crack dealers in LA in the '80s and '90s.