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Narconomics Summary: Economic Insights from Tom Wainwright’s Analysis of Drug Cartels

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* Our summary is short, simple and pragmatic. It allows you to have the essential ideas of a big book in less than 30 minutes.

By reading this summary, you will discover that with its 250 million consumers and a turnover of nearly 300 billion dollars, the drug market is a perfectly organized international trade.

You will also discover that :

drug traffickers have human resource problems;
the cartels care about their image;
they have common economic practices, such as offshoring or franchising;
drug traffickers seek to diversify their activities.
Research and development, human resources, etc., traffickers have to solve the same problems as company managers. Just like an ordinary consumer product, this trade can therefore be studied from an economic angle. This is the point of view that journalist Tom Wainwright has decided to adopt. This South American specialist has conducted extensive field research and, based on his findings, demonstrates how the drug market meets the same requirements as any other consumer product. To this end, he offers a very complete inventory of the international narcotics trade and how it works.

*Buy now the summary of this book for the modest price of a cup of coffee!

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