Article: How
Walt made $80 million
Author: Chris Isidore
Date
of article: September
27, 2013: 5:24 PM
News
Source: CNN Money
This article explores the economics
behind the meth system in context of the best show over, Breaking Bad. Now, as
a huge fan of the show, not so much of meth, I was excited to read this
article. For those people who live under a rock, Breaking Bad is a 5 season
long series on AMC which follows a high school chemistry teacher, Walter White,
on his slippery slope of cooking meth to support his family after he is diagnosed
with lung cancer. We never actually get real numbers of his profits, just that
they are big, until the last season.
In the last season, we discover
that Walt made a total of $80 million in profits off the meth scheme. This
article ponders on how this was possible. In the episode "Hazard Pay,"
Walt sells a 50 pound batch of his high quality blue meth for $1,379,560. After
doing the math, that comes out to about $60 per gram which, according to this
article, "is not at all unreasonable, especially for meth of a very high
quality."It goes on to say "The price of meth varies wildly from one
part of the country to another and from one time a year to another, depending
on supplies. It can go from $50 a gram to $150 a gram. It makes oil prices look
stable."
With that in mind, I began
thinking about the factors of production that were needed to supply this drug
ring. First land; as far as land goes, Walt and his partner Jesse, use various facilities
to cook, one being homes that were closed during a bug infestation extermination.
Next we need labor; again labor is basically Walter and Jesse, although
throughout the season minor people come and go. Capital; of course all the equipment
they need for the lab, the methylamine they stole, and the sheer man power to
drive this operation. And last but not least, entrepreneurship; which goes all to mister Walter White
himself.
As I look back on all five
seasons of one of my favorite shows, and hours of my life dedicated to this phenomenal
piece of art, I can’t help but frown a little when I know today, the last
episode, the series finale, will air at 7 pm. But if ever I need to deal meth
to support my family after my death, I will remember Walt’s economic
techniques.
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