Why do crack dealers still live with their moms?

Short answer: because drug dealing gangs are organized like McDonalds franchises where most "foot soldiers" make minimum wage or less while the leaders make hundreds of thousands of dollars.

Side note: I wish TED talks were available in text format. They're always interesting, but most of the time I'm unable (or unwilling) to hunker down and watch a 20 minute video. Web content needs to be scan-able.

The best part of that was hearing Steven Levitt say 'bling bling'

Another explanation why Google underpays its employees.

There are a number of other interesting (though perhaps dubiously supported) similar arguments (including this one) in his book freakonomics.

Would your mom narc on you?

For those not acquainted with the book: "Freakonomics"<p><a href="http://en.wikipedia.org/wiki/Freakonomics" rel="nofollow">http://en.wikipedia.org/wiki/Freakonomics</a>

Let's not jump to conclusions here. Maybe they are just saving money to make their own web 2.0 todo list app, so they can finally get rich.