Why don’t we make burglary legal people can make a business out of it, people
must guard stuff much better. No one would but anything anymore.
What make s a good burglar? How much time they have invested in it.
Rationality and Crime
Crime involves costs and benefits and therefore can be a rational act
The behavior is against the law
Crimes will be committed until MC=MB
If MC is perceived to be higher, crime will not be committed
Just because society increases the cost of crime, and crimes are still
committed, it DOES NOT mean that the increased costs had no effect.
Consider how much more crime would increase is the cost of crime didn’t
There may be “sick” criminals who do not do a costbenefit analysis, we
assume that on avg as the cost of crime increases, less of it will be carried out
Could society eliminate crime?; yes but it is a bad idea
What would be the cost of eliminating all crime?
Would someone spend 75 000 on 100 000 worth of property?
There is such thing as too much deterrence
One needs to do a marginal cost benefit analysis
supplements to basic protection people provide for themselves
more police protection can be had at a cost: higher taxes
Many taxpayers may bulk at paying more taxes. Would some taxpayers not