« Walter Williams is Drafted | Main | Brad DeLong on inequality »

Assorted links

1. Market-based management blog

2. The prospect of prison doesn't seem to deter crime

3. How to improve drug policy, by Mark Kleiman

4. Suggestions for French economic policy

Posted by Tyler Cowen on January 31, 2007 at 04:01 PM in Web/Tech | Permalink

Comments

The article on prisons is interesting. The new papers suggest it is actual incapacitation and not so much the incentive to deter that prevents crime. These studies have interesting and timely implications because the UK prison system is full, and judges are being asked to consider this 'no vacancy' problem when dishing out sentences to criminals. At first, I thought this increased leniency would reduce the price of crime and that petty crime would increase as a result. It is reassuring then, that criminals may not respond to this incentive of potentially reduced sentences. Nevertheless, if the studies are correct, then reduced incapacitation would still produce more crime at the end of the day, even if the skewed incentives (from increased leniency) don't play a role.

Posted by: Caravaggio at Feb 1, 2007 9:43:26 AM

The prison article is indeed interesting. For me, the prospect of involuntary confinement is horrible and I would certainly seek to avoid it. It doesn't seem to work as much for teenagers. Why? Random wacky theories:

1) For the at-risk teenagers who commit crime, school and the rest of the life is virtually like prison anyway

2) Teenagers who commit crime are tend to be very present-focused instead of future-focused, and have a poor sense of time

2) could sort of argue for more immediate corporal punishments rather than involuntary incarceration for teenagers, but society could miss out on the incapacitation benefits of incarceration.

Posted by: John Thacker at Feb 1, 2007 12:47:28 PM

I also found the prison article interesting, but I'm not sure I agree with applying the conlcusions from a small sample of the criminal population (17-19-year-olds)to the population as a whole. This runs into the age-old problem in economics that people are not always rational decision makers. Anecdotally, any parent will tell you that teenagers tend not to be rational decision makers. I suspect that any police officer will tell you that criminals are not particularly rational decision makers, either. Teenage criminals? You might be better off assuming complete irrationality until they reach at least their twenties. That said, I tend to think that consequences follow decisions in a fairly rational way in nature (you don't plant food, you starve), as well as in markets (you make bad investments, you lose your shirt), and I'd personally sleep better at night having warned delinquents that if they continue to break they law they may end up incarcerated, rather than just telling them that kharma will come back to them someday.

Posted by: d.cous. at Feb 1, 2007 12:57:00 PM

I like those thoughts John. Your second point about young people being focussed on the present surely holds - I don't have the time to look, but studies must surely exist that show a negative correlation between a person's age and their focus on the present versus the future. If not, this is could be an interesting avenue for behavioural experiments. Afterthought: After a certain age, as we near our natural expiration, I wonder if we shift our thinking away from the future (unlikely to exist) and back to the present.

Other points for consideration include:

- A kind of romanticised or glamourised view of prison life by the fictional media. If people had a real understanding/complete information, the deterrent may be more effective.

- Humans are not always rational agents, and teenagers tend to be the least rational, as d.cous discusses.

- Incentives and deterrents may work differently for different age brackets. For teenagers, who tend to pay greater mind to how they are perceived by their peers, a better deterrent than incarceration may be some kind of lasting, public humiliation.

Posted by: Caravaggio at Feb 2, 2007 7:42:35 AM

Talking of French economic policy, may be if you want to know more about different countries economic policy through books, reports etc., I have a suggestion to make do look up Online Shopping

Posted by: mirror at Feb 6, 2007 5:18:46 PM

数控机床数控机床。。
数控改造。。
数控机床。。
数控机床改造。。
数控机床仿真软件数控机床改造。。
数控机床。。
数控机床。。
数控机床。。
数控车床数控车床。。
数控车床。。
华中数控车床。。
大连数控车床。。
无锡数控车床山东数控车床。。
南京数控车床。。
数控车床。。
数控车床。。
广州数控车床数控车床。。
广州数控车床。。
华中数控车床。。
数控车床。。
数控车床北京数控车床。。
数控车床简介。。
教学车床。。
教学数控车床。。
数控铣床南通数控铣床。。
数控铣床。。
数控铣床。。
数控铣床。。
教学数控铣床教学铣床。。
数控机床实训设备。。
加工中心。。
加工中心。。
加工中心加工中心。。
微型加工中心。。
数控加工中心。。
加工中心。。
加工中心加工中心。。
加工中心。。
上海加工中心。。
加工中心

Posted by: 南京北春 at Aug 20, 2007 10:30:19 PM

That said, I tend to think that consequences follow decisions in a fairly rational way in nature (you don't plant food, you starve), WORLD OF WARCRAFT GOLD as well as in markets (you make bad investments, you lose your shirt),

Posted by: hutu at Sep 18, 2007 12:10:01 AM

FINE ART SUPPLIES POSITIONED TO DISTRIBUTE OUR BEST ARTIST BRUSH MATERIALS AROUND THE WORLD. FOR ALL OF YOUR ARTISTS NEEDS, WE OFFER A BROAD ASSORTMENT OF FINE QUALITY ART SUPPLY ITEMS: ARTIST BRUSH, SCHOOL BRUSH, EASEL, PAPER AND PADS, ARTIST DRAWING TOOLS, FINE PICTURE FRAME, ETC.

Posted by: alen at Sep 18, 2007 12:10:45 AM

Hi
Best wishes
Allow me to offer my heartiest wishes.
常年提供高、中、低压锅炉无缝管、流体无缝管、结构无缝管、化肥专用钢管、石油裂化无缝钢管
地质钢管、液压支柱钢管
合金钢管
无缝管
无缝钢管
论文发表资讯/刊物信息,协助客户制定论文发表方案.
xicao loves
lovesxicao
网站优化
google优化
网站优化
搜索引擎优化
网站优化
搜索引擎优化
百度优化
SEO

Posted by: 钢管无缝钢管无缝管 at Nov 20, 2007 8:34:22 PM

Thanks for another great article

Posted by: hot free layouts at May 16, 2008 2:36:21 PM

Post a comment