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    The Economic Consequences of Crime

    From Cees Bruggemans weekly comment,

    Firstly, crime is a form of self-employment or self-help (also known as proletarian shopping). It directly levies a social tax on the community through the actions of possibly hundreds of thousands of people.

    Whereas taxation is popularly depicted as highway robbery, taking from the well-off and distributing among the poor, it does so efficiently at very low collection costs, with at least a partial sense of universal agreement among the victims that any good will come of it (if the state is efficient in using the resources so collected and enhances the general welfare over time).

    Not so crime, which in essence is also a Robin Hood activity, but a totally inefficient, often utterly destructive and devastating one.
    This may be esoteric, but I wonder how much our trade deficit is influenced by crime? Electronic and other high value items tend to be the first on a criminal's shopping list and lots of those are imported...just a thought
    Last edited by duncan drennan; 06-Sep-06 at 06:56 AM.
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