Adam Smith called smugglers heroes - men who sought to offer the price of their goods without any added expenses for whatever regulating body tried to get involved. Less costly from the supplier, less expensive for the buyer, and therefore more goods to be bought and sold at a fair price for all parties included. With no middlemen (who don't add any value) creating useless additional costs, the smuggler offers the truest and fairest price of a good or service.
All throughout the hit show the Wire, Stringer remains the most business smart, calculating man in the series. A’s on his microeconomic courses, likens himself to a CEO, discusses markets and strategy with his professors, has to explain shit all the time to his subordinates. Even after his death, McNulty finds a copy of A Inquiry into the Nature and Causes of the Wealth of Nations. But the coolest part, is his true adherence to principles of the Chicago school. Straight up, no bullshit, neoclassical, conservative, Chicago school econ. (The conventional definition of conservative, not Milton's. Friedman, accurately, always called himself a liberal.) While he’s had no remorse in eliminating business threats through violent means (hostile takeovers,) after his empirical analysis, he does generally shift toward a total Laissez–Faire, market-forces-only operation during the co-op period with Proposition Joe. He tries to use those increased profits to look into some legitimate business deals under the direction of the senator Clay Davis, but sheeeeeeeeeeeeeit, he becomes frustrated with the highly regulated, bureaucratic process of these legit ventures. Lo and behold, he gets hoodwinked by a corrupt politician. (Every conservative economist's nightmare.)
On the streets, interestingly enough, the blood-thirsty, bellicose, power-hungry Avon Barksdale is actually the liberal, in favor of larger government, increased regulations (by his own weapons and ferocity) that fuck up natural market forces. Avon's interference with the market equilibrium destroys value, when there’d actually be larger real societal gains (more drugs and money for all) if he left it alone.
But still, ya know, drugs are bad.
