Deirdre McCloskey on Adam Smith’s generalisation

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Judge calls for tourists to sit driving test – National – NZ Herald News

Speaking through an interpreter, Judge Phillips told Sun his driving was “nothing short of atrocious”.

“You were all over the road for no reason, you were drifting around corners, cutting corners and crossing the centre line.

“It’s a classic case of why people need to have examinations done before taking control of powerful rental cars on New Zealand roads.”

I don’t think a driver’s test would fix this obviously irresponsible driver of his lack of regard for the safety of others. He does not have a skill gap as a driver. He is just plain irresponsible.

via Judge calls for tourists to sit driving test – National – NZ Herald News.

Richard A. Posner – Our Domestic Intelligence Crisis

via Richard A. Posner – Our Domestic Intelligence Crisis.

Sam Peltzman radio interview

The impact of the burglar resistant locks and windows on burglary rates

The Dutch government mandated the use of burglar-resistant locks and window and door frames in all new residential construction as of January 1, 1999. The regulation has now affected close to a million homes. The security was built-in and did not require any change in behaviour.

Figure 1:. Victimisation of burglary by year of construction of the home, the Netherlands

When comparing homes built just before and just after the change in the regulation, Vollaard and Van Ours (2011) found that homes with the built-in security to have a 26% lower rate of burglary.

HT: voxeu.org/reducing-invitation-crime

The Economics of Elysium

Human Capital, Development, and Growth | Lars Peter Hansen, Edward Glaeser, Claudia Goldin and Robert Lucas

Impact of the Work of Gary S. Becker | James Heckman

The Economics of Crime and the Law| Levitt, Landes, Mulligan and Peltzman reflect on Gary Becker’s legacy

Robert Hare is the world’s leading expert on psychopathy – part one: on psychopaths being untreatable

How to spot law-abiding people with DUI convictions

David Friedman on the economics of accidents law

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Fraudster Alan Knight jailed for £40,000 scam after pretending to be in a coma for two years | Daily Mail Online

But doctors spotted Knight - pictured with wife, Helen - eating, wiping his face and writing while he was in hospital for observations

doctors spotted Knight – pictured with wife, Helen – eating, wiping his face and writing while he was in hospital for observations

via Fraudster Alan Knight jailed for £40,000 scam after pretending to be in a coma for two years | Daily Mail Online.

Deirdre McCloskey makes the case for laissez faire and the rule of law

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David Friedman on Marxist economics

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