double dividend in that it reduces both minor offenses and more severe crime. We develop a model of criminal subcultures in … attractive for some people who would otherwise commit more severe crime. If social status is sufficiently important in criminal … subcultures, zero-tolerance reduces crime across the board …

Becker's economic theory of crime and punishment, originally published in The Journal of Political Economy in 1968 under the … title “Crime and Punishment: An Economic Approach.” In this historic, second encounter at the University of Chicago, Gary … Becker responds to Foucault's lectures and possible critical readings of his writings on crime and punishment, in …

a climate for firm growth, and may be confiscatory. Each agent owns one firm, and we define an illegal action (crime) as … relationship between the level of crime and uncertain political structure …

, that income taxation reduces the social costs of crime and law enforcement and generally increases the optimal level of …

double dividend in that it reduces both minor offenses and more severe crime. We develop a model of criminal subcultures in … attractive for some people who would otherwise commit more severe crime. If social status is sufficiently important in criminal … subcultures, zero-tolerance reduces crime across the board …