FOR many have-not blacks, Puerto Ricans and other ghettoized minorities, the exemplar of business success is the jaunty dude in a wide-brimmed hat and high-heeled shoes who has made good as a pimp. A few highly enterprising procurers pocket $100,000 a year. Indeed, crimes like narcotics peddling, prostitution and gambling are major moneymaking activities in the ghettos. They constitute a kind of "irregular economy," which churns over huge sums that are never figured in the gross national product. Nor are taxes collected on most of this money. For all the harm that...
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