Narconomics by Tom Wainwright

How to Run a Drug Cartel

An engaging, accessible analysis that treats the global drug trade like any other industry, applying economic tools to show how cartels behave like profit-driven firms — organizing supply chains, setting prices, using marketing, diversifying products, and exploiting corruption — and arguing that policies should focus on changing incentives, cutting profits, reducing demand, and strengthening institutions rather than relying solely on militarized enforcement; illustrated with case studies that reveal how market dynamics shape criminal organizations and how smarter, market-savvy strategies can produce better outcomes.

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