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Entrepreneurs in Prison

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1–10 of 62 posts

Re: Entrepreneurs in Prison

#2
maybe we can get Hans Reiser back working on file systems from prison someday, even when it became clear he had killed his wife there is a part of me that wanted too see him get off to keep working on ReiserFS

Re: Entrepreneurs in Prison

#4
post #2

maybe we can get Hans Reiser back working on file systems from prison someday, even when it became clear he had killed his wife there is a part of me that wanted too see him get off to keep working on ReiserFS

ReiserFS wasn't that good. It was fast for small files, but crap for everything else.

Re: Entrepreneurs in Prison

#5

Perhaps worth pointing out is that the author has spent some time in prison, which doesn't appear to be explicitly mentioned there.

I'm not sure if you mean that it's worth pointing out because he has experience with prisons and therefore his opinion should be given more weight, or because he's biased and so his opinion should be given less weight. I'm not sure I think either is true.

Re: Entrepreneurs in Prison

#7
Being a good entrepreneur is more than identifying opportunities for arbitrage and executing on it and rolling profits into the system that can fuel more arbitrage. It's also taking into account the sustainability of the system. Evaluating the legality of the arbitrage is more important than the skill to profit from it.

Re: Entrepreneurs in Prison

#8
This reminded me of Sudhir Venkatesh's book "Gang Leader For A Day", parts of which were described in Freakonomics. Some of his findings included an organized corporate structure of a big gang, a gang member with an econ degree who wanted to put his education to use, etc. Pretty interesting read.

http://www.amazon.com/Gang-Leader-Day-Sociologist-Streets/dp...

Re: Entrepreneurs in Prison

#9
At the risk of sounding glib, I don't think that's how most drug dealers in prison began dealing drugs.

I could be way off, but the scenario he posits, wherein all hits mates are buying weed and he arbitrages, is probably not how most drug dealers come into operation, and certainly not how I suspect the prison-time crowd got into it.

Re: Entrepreneurs in Prison

#10
First, it's prison. So, y'know, punishment on some level. In addition to rehabilitation. So my gut reaction is that I'd rather see more educational programs going on. Especially since a lot of "entrepreneurship" is really just either scammy behavior or flat-out fantasy (my start-up's the next Facebook!). Especially when the education isn't in place.

That said, I'm not entirely opposed to the idea. But, as a tax-payer, the idea that someone is getting free room and board on my dime while they make a good income grates a bit. What does it cost to keep someone incarcerated for a year these days? $40k? If the inmate were to repay this -- the sort of rent and bills every other entrepreneur has to pay -- then the idea would be more palatable.

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