09 Jun 2024
by Jim Rose
in applied price theory, econometerics, economics of crime, economics of education, labour economics, law and economics, occupational choice
Tags: cognitive psychology, crime and punishment, criminal deterrence, law and order
Gary Becker’s famous model of rational crime suggests that criminals weigh up the costs and benefits of crime (and engage in a criminal act if the benefits outweigh the costs). Time preferences matter in this model, because the benefits of a criminal act are usually realised immediately, whereas the greatest costs (including the penalties of…
More impatient people are more likely to commit crime
07 Jun 2024
by Jim Rose
in defence economics, discrimination, economics of education, labour economics, law and economics, liberalism, Marxist economics, politics - New Zealand
Tags: Age of Enlightenment, free speech, political correctness, racial discrimination, regressive left
The following letter to the Gisborne Herald appears under the title above and the name of Eddie Tuhaka: Rawiri Waititi’s divisive comments and behaviour against the present Government, calling them a white/Pākehā Government, is racist and unacceptable. He and the rest of them did not complain when they all got their pay increase from the…
Divisive rhetoric chips away at communities
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