Faced with limited choices, prisoners become entrepreneurs to meet their needs
Inside Gramercy maximum security prison, the market for nearly any kind of good or service is extremely limited, to say the least. But according to a new study in the Journal of Public Policy & Marketing, the severely restricted consumption choices faced by the 3,000 or so inmates at Gramercy create opportunities to pursue innovative and entrepreneurial business ventures.
"The men at Gramercy quickly come to understand that the formal system of exchange, from public provision of goods and services to the commissary, is primarily responsive to needs of third parties such ...


