The Rob Ford School of Economics

• The pursuit of crack is foremost; all private enterprises are focused on obtaining and consuming crack.
• Most planning involves a disjointed list consisting mostly of obscenities spray painted on the wall of the Central Crack Den.
• Productive enterprises include the import sector, scrap metal dealers, prostitution, light manufacturing (of crack), and retail (of crack). All prices dictated in a complex algorithm involving time vs. high. Inflation tied directly to interdiction of drug traffickers.
• Public institutions long ago abandoned and stripped of all valuable copper.
• Performance and prospects? Beyond acquiring the next hit, unknown.
• Legal institutions replaced by drug cartel enforcers and vigilante justice.
• Property rights and much more? If you can pry the plywood off the windows, it's legally yours!