The freakonomics of McDonalds vs. drugs | Steven Levitt
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http://www.ted.com 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 isnt lucrative: It pays below minimum wage. And your boss can kill you. TEDTalks is a daily video podcast of the best talks and performances from the TED 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 Jill Bolte Taylor, Sir Ken Robinson, Hans Rosling, Al Gore and Arthur Benjamin. TED stands for Technology, Entertainment, and Design, and TEDTalks cover these topics as well as science, business, politics and the arts. Watch the Top 10 TEDTalks on TED.com, at http://www.ted.com/index.php/talks/top10
Comments
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2:48 what about extortion and racketeering!?
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Woah he used the n-word so freely wtf
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This video is almost 10 years old @_@
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Fantastic speech
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하이..
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in a sense, it is a self defeating system. Even if you are on "the board of directors" and make 400,000 / yr. , one has no legitimate way to invest the earning and actually escape into a legal lifestyle.. Thus no upward mobility for those on the bottom.
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Did he say you can't smoke pot...?
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Is this guy still CEO @ Pied Piper?
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bling bling
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highx wrong, idts
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interesting.
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wtf Steven Levitt?? WHy is it ok for you to say the n-word?
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The ad at the beginning of this video when I watched it was for McDonald's
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He reminds me of Richard from Silicon Valley...
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that ad at the end was actually clever... look at how the companies perceive us now...
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No money in marijuana. lol
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you can't smoke pot? ^^
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i wasn't a gang member when i grew up but i had just as many guns waved in my face when i worked at 711 and to a teenager they are going to want a lot more money to do a job like i had so if they are going to be shot at may as well sell drugs a lot of co workers saw things this way but the problem in america is that police are under educated for the job they hold they should spend 3 years in the police academy that is why local and metro cops need to be abolished and state forces take over the job fines should be uniform so someone who has the misfortune of a broken tail light only gets fined once instead of 4 times on a single commute home
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Wow, hear all those people laugh? Easy to laugh when you don't have to live in that kind of environment.
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he didnt answer the question i watched this viedo for
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