When Crime Pays: Mobsters Who Spent More Time At School Earned More Money
By Giovanni Mastrobuoni , University of Essex ; Nadia Campaniello , University of Essex , and Rowena Gray , University of California, Merced When it comes to education, you may not think of a mobster or gang member as top of the class, but it turns out that even criminals benefit from more time spent at school. Did college help don Michael Corleone become a better criminal? Facebook/TheGodfather Our 2017 study , which used a unique sample from the Italian American mafia, shows that mobsters who began their working lives in the 1930s made significant financial gains from extra years of schooling. We found that a mobster who completed just one extra year of education could increase earnings by around 8% on average . Of course, mobsters by their very definition are high level, well connected members of complex criminal organisations – that mimic the structure of a large corporation . And in the 1940s, th...