Education and the Mafia: An offer you can’t refuse
Education usually has a protective effect – people with higher levels of education are less likely to start criminal activities. In this video, Giovanni Mastrobuoni discusses the benefits of education on members of the Italian-American Mafia. Although the nature of the business is illegal, those involved in business-related crimes (loan sharking, drug dealing) are those who gain the most from an extra year in school. This video was recorded in March 2016 during the Royal Economic Society’s Annual Conference held at the University of Sussex.