The Economy of Punishment
Harvard Business Review
MARCH 6, 2013
And relatedly, how do we recognize a black-market innovator who may have all the talent of a Richard Branson or a Jay-Z, but lacks the opportunities for a leg-up in the formal economy? To solve this problem, we first need to recognize the talents of the gangster. As Gary joked, "You can't even see bad under the microscope.
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