Wednesday, April 19, 2006

Steve Sailer posted a link in a comment at Albion's Seedlings to this review in which he talks about why crime families are *families* - the lowered transaction costs allowed by familial ties in an extra-legal environment like the criminal underground - and how this operates in other, less criminal environments like the diamond trade, & explains why endogamous minorities tend to dominate certain subeconomies where high levels of trust are beneficial. Very interesting.

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