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France, on the other hand, has taken the moral high ground by refus[ing] to comply with
EU rules because it does not consider [drug use and prostitution] to be voluntary
commercial activities.
Voluntary or not, failing to include the illicit activities which drive the worlds shadow
economies could lead to material miscalculations. And besides, even if one wants to argue
that illegality is impossible to measure, surely making an honest attempt to come up with
an accurate representation of economic output is preferable to the BEAs now standard
practice of simply adjusting the real data in order to get a goalseeked outcome. As WSJ
put it [30] last June, if drug sales arent counted in a place where people spend half
their income on drugs, one could conclude, wrongly, that the population saved half
its money. The U.N. made a similar argument back in 2008 when it contended that
accounts as a whole are liable to be seriously distorted if governments refuse to include
all transactions.
Fortunately for anyone looking to get a read on the going rate for the various goods and
services which comprise the worlds black markets (and in some countries serve as a
much needed boon for GDP), Havocscope [31] has a price list for everything youve
ever wanted to buy (and everything you wouldnt touch even with Mario Draghis
hands) from someone in a dark and smoky back alley.
Afghanistan $1,500
Afghanistan-Kabul $1,500 for US issued Night Vision Googles
Australia $15,493 in Sydney
Average price of AK-47 worldwide $534
Canada $2,000 for handgun, $600 to rent
Europe $400 to $900 for Rocket Launchers and AK-47s
Iraq $800, with Osama Bin Ladens favorite model for $2,000
Iraq-Bullets $0.15 to $0.45 per bullet
Iraq-Rocket Launcher $100, $50 per grenade
Mexico-AK-47 $1,400 on US border/ $3,000 in South
Mexico-Gernade $100 to $500 for M67 Grenade
Niger Delta-AK-47 $75
Philippines $120 for .22 Caliber Magnum Black Widow
Profit in the U.S. $500 for selling AK-47 to Drug Cartels
Somalia $400 for Russian AK-47, $600 for North Korean AK-47
Sudan $86 for AK-47, $33 for child
Syria $2,100 for AK-47, $2,000 for RPG
Thailand $2,600 for gun
United States $400 in Californias black market
United States-Small Pistol $20 to $100 in Dallas, TX
United States Straw Purchaser Up to $500 per gun
Bribes
Cocaine Prices
Heroin Prices
[11] http://www.zerohedge.com/taxonomy_vtn/term/8300
[12] http://www.zerohedge.com/taxonomy_vtn/term/10856
[13] http://www.zerohedge.com/taxonomy_vtn/term/10673
[14] http://www.zerohedge.com/taxonomy_vtn/term/10041
[15] http://www.zerohedge.com/taxonomy_vtn/term/9119
[16] http://www.zerohedge.com/taxonomy_vtn/term/11121
[17] http://www.zerohedge.com/taxonomy_vtn/term/8436
[18] http://www.zerohedge.com/taxonomy_vtn/term/12386
[19] http://www.zerohedge.com/taxonomy_vtn/term/12141
[20] http://www.zerohedge.com/taxonomy_vtn/term/8634
[21] http://www.zerohedge.com/taxonomy_vtn/term/9105
[22] http://www.zerohedge.com/taxonomy_vtn/term/9727
[23] http://www.zerohedge.com/taxonomy_vtn/term/11356
[24] http://www.zerohedge.com/taxonomy_vtn/term/12112
[25] http://www.zerohedge.com/taxonomy_vtn/term/10360
[26] http://www.zerohedge.com/taxonomy_vtn/term/11710
[27] http://www.zerohedge.com/taxonomy_vtn/term/9384
[28] http://www.zerohedge.com/news/2014-12-27/hookers-blow-lift-britain-over-franceworlds-5th-largest-economy
[29] http://www.telegraph.co.uk/finance/economics/11313327/Britain-edges-past-Franceon-world-stage.html
[30] http://www.wsj.com/articles/sex-drugs-and-gdp-the-challenge-of-measuring-theshadow-economy-1402251721
[31] http://www.havocscope.com/
[32] http://www.havocscope.com/about/
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