Alert icon
We're changing our privacy policy. This stuff matters.  Learn more  Dismiss

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

Loading...

Sign in or sign up now!
290,102
Loading...
Alert icon
Sign in or sign up now!
Alert icon

Uploaded by on Jan 16, 2007

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

Category:

Science & Technology

Tags:

License:

Standard YouTube License

  • likes, 56 dislikes

Link to this comment:

Share to:

Top Comments

  • vsauce brought me here... kinda xD

  • Amazing! I never thought that crack dealers kept financial records.

see all

All Comments (690)

Sign In or Sign Up now to post a comment!
  • @dwyllie Because they are generally pretty stupid.

  • 56 crack dealers saw this

  • i am sure all crack dealers are mad watching this in the audience.........

  • Why do americans laugh at everything?!

  • I live with my mother and I am a winner. :)

  • That was an interesting talk. A correction though, for a common mistake: it's not that selling drugs is dangerous, it's that selling (arbitrarily) illegal drugs is. Doctors, gas station workers, grocery store workers, liquor store workers, beer company owners & so on, are all drug dealers, but they have the (unfairly biased) law to protect them (even though alcohol is more dangerous than many illegal drugs).

  • You can tell this guy is really nerd....and an amazing speaker xD!!

    Wonderful speech!

  • This is exactly Chapter 3 of his book, in the Freakonomics. Amazing recap for me.

  • @TheJovanist White people have big nostrils LOL, have you seen black people before & their wide ass noses?

  • intresting but his lisp is awful and distracting

View all Comments »
Loading...

0 / 00Unsaved Playlist Return to active list
    1. Your queue is empty. Add videos to your queue using this button:
      or sign in to load a different list.
    Loading...Loading...Saving...
    • Clear all videos from this list
    • Learn more