Narconomics: How to Run a Drug Cartel [2016] – ★★★★1/2 

The title should not frighten anyone because this non-fiction book will not involve any difficult finance theories or the like. In this book, Tom Wainwright looks at the functioning of a drug cartel from the point of view of an ordinary business. If we view drug operations through the same prism that we use to evaluate an ordinary company then maybe it will be possible to devise solutions that will actually reduce mobsters’ business and stop the reach of their operations. Wainwright embarks on his own exciting investigative work to show us how a drug cartel, like any other legal business, seeks to control the supply side, diversify, multiply its offshore locations to reduce its cost, as well as makes movements into the domain of the Internet to reach a wider pool of customers. Interesting comparisons are made with McDonalds, Walmart, Coca-Cola and Amazon, and, in light of these, Wainwright proposes unorthodox solutions to change policies to better tackle the issue. A dramatic and interesting picture emerges of the situation and functioning of drug cartels in the world.  Continue reading “Review: Narconomics: How to Run a Drug Cartel by Tom Wainwright” →