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Steven Levitt: Why do crack dealers still live with their moms?

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...  
 
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guyverman (15 hours ago) Show Hide
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Grown: 10-20$ per ounce
Bought: 300-350$ per ounce

Thats something like 3000% difference in base cost, so yea, you mean boost your profit by ALOT!!!!!!!! :D
lxmoya11 (1 week ago) Show Hide
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wow, his conclusion is that it's not profitable to be in a gang. What a genius? Maybe he should study smoking to decide whether it's healthy, or the effects of hitting yourself in the face.
JohnWoo (1 week ago) Show Hide
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I think you missed the entire point of the presentation. LOL.
steviesuperstar (1 week ago) Show Hide
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he needs to do more research he got a lot of stuff wrong you can get rich selling pot
guyverman (2 days ago) Show Hide
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@steviesuperstar only if your growing it and not in a gang.
steviesuperstar (2 days ago) Show Hide
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you dont need to grow it man( but it does boost your profit) you just gotta move enough of the stuff
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MrBiscuit77 (1 month ago) Show Hide
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I think he misses the point on these latin gangs, they are actually improving their cost of living compared to Mexico.
OPreLives72 (1 month ago) Show Hide
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He said powdered cocaine, not pot you idiot
1eyedcatfish (1 month ago) Show Hide
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Hmmm... at 4:20 he says you can't smoke pot. Guess he likes his brownies.

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