Quarterly Journal of Economics Vol. 115 No. 3 2000

An Economic Analysis of a Drug-Selling Gang's Finances*

Steven D. Levitt^1,2; Sudhir Alladi Venkatesh³

¹ National Bureau of Economic Research · ² American Bar Foundation · ³ Columbia University

Abstract

Street gangs have a long history in American cities (Thrasher 1927). Until recently, gangs were organized primarily as social peer groups. Any economic activities were of secondary importance (Suttles 1968, Klein 1995). The last two decades, however, have given rise to a dramatic transformation in street gangs, or what Taylor (1990) terms their "corporatization."

DOI

10.1162/003355300554908

Volume

115

Issue

3

Pages

755-789

Language

en

Sources

bibtex:phds-export.bib openalex crossref

Cite

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