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The freakonomics of crack dealing

4,277,082 views | Steven Levitt • TED2004

"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 isn't lucrative: It pays below minimum wage. And your boss can kill you.

"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 isn't lucrative: It pays below minimum wage. And your boss can kill you.

This talk was presented at an official TED conference. TED's editors chose to feature it for you.

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Steven Levitt

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Steven Levitt's eye-opening Freakonomics took economic theory into the real world of suburban parenting and urban drug gangs, turning conventional wisdom upside-down.

This talk was presented at an official TED conference. TED's editors chose to feature it for you.