When I’m writing a crime thriller, I get advice from specialists – prison officers, policemen and even a farmer who once grew hemp (the legal equivalent of cannabis). One of these experts recommended “Narconomics”.
“You won’t know what drives criminals until you understand the economics of the drugs trade,” he said, assuring me that “Narconomics” would explain just that.
I expected the book, written by “Economist” journalist Tom Wainwright, to be rather dry. It turned out to be anything but. Wainwright describes meeting murderous central American crime bosses, harassed-looking lawmen and colourful designer chemical developers. He delves into the dark web, finding drugs freely available from dealers with feedback ratings just like sellers on ebay. A little old lady tells him about her heroin addiction, while Colorado’s cannabis entrepreneurs trumpet the jobs they’ve created since the drug was legalised. The goods and services on offer include weed tours and whacky chocolate as well as the predictable reefer shops.
Throughout his journey, Wainwright explains how criminals are seizing opportunities to supply products for which a demand exists. Just like a legal business, they must balance risk and reward. The extreme violence used by Mexican cartels and the friendly customer service from online dealers are two sides of the same coin, and no accident: they’re a rational response to market forces.
Although the book is free from graphs and turgid tables of figures, Wainwright occasionally refers to statistics. He shows how consumption of drugs hasn’t fallen despite the billions of taxpayers’ money spent on (attempting) to reduce the supply. Accordingly, he suggests that governments target demand. Prevention, he says, is cheaper than cure. Controversially, he also advocates legalisation. As an aside, he says that Colorado’s new marijuana factories and jobs might not survive worldwide weed liberalisation: global corporations would grow the product more cheaply in Asia and South America.
“Narconomics” is subtitled “How to Run a Drug Cartel”. It doesn’t deliver on this grandiose claim, and anyone expecting a primer in setting up an illegal business will be sadly disappointed. However, as an entertaining account of the business side of the drugs trade, “Narconomics” should be of interest both to readers and writers of crime fiction.
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My last crime thriller, “The Grass Trail” followed the fortunes of a drugs baron desperately trying to escape from his south London prison, and a Brummie businessman dallying with dope farmers in order to grow raw materials for a cancer-busting drug. Check it out here.
