"L.A. Crack Dealer on The Economics of Drugs"

I think of Professor Perry as The Cheerful Economist.
From Carpe Diem:

 "Lots of 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 this podcast on NPR Planet Money, 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...

See also:
Business Plans: Keep it Pimpin' Edition