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Noted Economist, Gary Becker, in his article, Crime and Punishment suggests that “a useful theory of criminal behaviour can dispense with special theories of anomie, psychological inadequacies ...
The prevailing theories of crime causation might need rethinking.
The Curious Case of Economic Theory Once central to the field, it has slipped in prestige.
UB criminologist Christopher Dennison builds upon General Strain Theory, with implications for crime reduction.
Currently the most underrated theory in economics is the so-called Quantity Theory of Money. It has been out of fashion for a long time, and even Federal Reserve Chair Jerome Powell has said that ...
This article explores the Austrian theory of money, the core beliefs of Austrian economics, the contributions of the school’s most prominent figures, and six key lessons from the Austrian School.
Abstract In this paper, we analyze the relationship between unemployment and crime. Using U.S. state data, we estimate the effect of unemployment on the rates of seven felony offenses. We control ...