Narconomics: How to Run a Drug Cartel Spiral-Bound | April 11, 2017

Tom Wainwright

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An intrepid Economist reporter and analyst takes us on an extraordinary journey into the business of being a drug lord— a $300 billion global industry with 250 million customers—showing how its strategy and tactics bear uncanny resemblance to those of Fortune 500 firms such as Wal-Mart, McDonald’s and Cocoa-Cola

Picking his way through Andean cocaine fields, Central American prisons, Colorado pot shops, and the online drug dens of the Dark Web, Tom Wainwright provides a fresh, innovative look into the drug trade and its 250 million customers. More than just an investigation of how drug cartels do business, Narconomics is also a blueprint for how to defeat them.

How does a budding cartel boss succeed (and survive) in the 300 billion illegal drug business? By learning from the best, of course. From creating brand value to fine-tuning customer service, the folks running cartels have been attentive students of the strategy and tactics used by corporations such as Walmart, McDonald's, and Coca-Cola.

And what can government learn to combat this scourge? By analyzing the cartels as companies, law enforcers might better understand how they work -- and stop throwing away 100 billion a year in a futile effort to win the "war" against this global, highly organized business.

Your intrepid guide to the most exotic and brutal industry on earth is Tom Wainwright. Picking his way through Andean cocaine fields, Central American prisons, Colorado pot shops, and the online drug dens of the Dark Web, Wainwright provides a fresh, innovative look into the drug trade and its 250 million customers.

The cast of characters includes "Bin Laden," the Bolivian coca guide; Old Lin," the Salvadoran gang leader; "Starboy," the millionaire New Zealand pill maker; and a cozy Mexican grandmother who cooks blueberry pancakes while plotting murder. Along with presidents, cops, and teenage hitmen, they explain such matters as the business purpose for head-to-toe tattoos, how gangs decide whether to compete or collude, and why cartels care a surprising amount about corporate social responsibility.
More than just an investigation of how drug cartels do business, Narconomics is also a blueprint for how to defeat them.
Publisher: Hachette Book Group
Original Binding: Paperback
Pages: 288 pages
ISBN-10: 1610397703
Item Weight: 0.6 lbs
Dimensions: 5.6 x 0.9 x 8.4 inches
“[Tom Wainwright] brings a fine and balanced analytical mind to some very good research…By looking at the drug trade as a business, Wainwright is able to reveal much about why it wreaks such havoc in Central and South America. Wainwright show[s] how drug violence is not so much senseless but the devastating result of economic calculations taken to their brutal extreme. [His] conclusion is titled 'Why Economists Make the Best Police Officers.' It is one of the pithiest and most persuasive arguments for drug law reform I have ever read.”—Misha Glenny, New York Times Sunday Book Review
Tom Wainwright is the Britain editor of the Economist. Until 2013 he was the Mexico City bureau chief of the Economist, covering Mexico, Central America and the Caribbean, as well as parts of South America and the United States border region. He has been a commentator on the drugs business on CNN, the BBC and NPR, among others. He has a first-class degree in philosophy, politics, and economics from Oxford University. Wainwright lives in London, England.