Drug Profits: Not What They Used to Be, from anonymous

2016-09-01 · anonymous
Original source

Drug profits appear low to support so much deadly crime.

"Chicago's West Side overrun by drug markets"

"The shopping list, according to police affidavits, includes sawbucks, which is $10 dollars, "rocks" of crack cocaine, sold $14 to the pack, or "nickel blows" of heroin for $5 dollars apiece. Street dealers typically earn $20 or $30 dollars for every $100 dollars they turn over to their bosses."

There have been attempts to figure out economic solutions.

Here is an early paper that tries to put numbers to the trade: "a systematic miscalculation of risk"

"This paper provides the first detailed analysis of the financial activities of an entrepreneurial street gang."