Introduction: Cartel incorporated -- Cocaine's supply chain: The cockroach effect and the 30,000 percent markup -- Competition vs. collusion: Why merger is sometimes better than murder -- The people problems of a drug cartel: When James Bond Meets Mr. bean -- PR and the mad men of sinaloa: Why cartels care about corporate social responsibility -- Offshoring: The perks of doing business on the mosquito coast -- The promise and perils of franchising: How the mob has borrowed from McDonald's -- Innovating ahead of the law: Research and development in the "legal highs" industry -- Ordering a line online: How internet shopping has improved drug dealers' customer service -- Diversifying into new markets: From drug smuggling to people smuggling -- Coming full circle: How legalization threatens the drug lords -- Conclusion: Why economists make the best police officers

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