The Economic Anatomy Of A Drug War

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The Economic Anatomy of a Drug War

Author : David W. Rasmussen,Bruce L. Benson
Publisher : Rowman & Littlefield
Page : 286 pages
File Size : 43,5 Mb
Release : 1994
Category : Business & Economics
ISBN : 0847679101

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The Economic Anatomy of a Drug War by David W. Rasmussen,Bruce L. Benson Pdf

'A challenging study of where America went wrong in the war on drugs. Even those who disagree will have to take notice of this well-argued book.'-John DiIulio, Woodrow Wilson School of Public and International Affairs, Princeton University

An Economic Analysis of a Drug-selling Gang's Finances

Author : Steven D. Levitt,Sudhir Alladi Venkatesh
Publisher : Unknown
Page : 84 pages
File Size : 45,6 Mb
Release : 1998
Category : Drug dealers
ISBN : STANFORD:36105062032276

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An Economic Analysis of a Drug-selling Gang's Finances by Steven D. Levitt,Sudhir Alladi Venkatesh Pdf

We analyze a unique data set detailing the financial activities of a drug-selling street gang on a monthly basis over a four-year period in the recent past. The data, originally compiled by the gang leader to aid in managing the organization, contain detailed information on both the sources of revenues (e.g. drug sales, extortion) and expenditrues (e.g. costs of drugs sold, weapons, tribute to the central gang organization, wages paid to various levels of the gang). Street-level drug dealing appears to be less lucrative than is generally though. We estimate the average wage in the organization to rise from roughly $6 per hour to $11 per hour over the time period studied. The distribution of wages, however, is extremely skewed. Gang leaders earn far more than they could in the legitimate sector, but the actual street-level dealers appear to earn less than the minimum wage throughout most of our sample, in spite of the substantial risks associated with such activities (the annual violent death rate in our sample is 0.07), There is some evidence consistent both with compensating differentials and efficiency wages. The markup on drugs suggests that the gang has substantial local market power. Gang wars appear to have an important strategic component: violence on another gang's turf shifts demand away from that area. The gang we observe responds to such attacks by pricing below marginal cost, suggesting either economic punishment for the rival gang or the presence of switching for users that makes market share maintenance valuable. We investigate a range of alternative methods for estimating the willingness of gang members to accept risks of death, all of which suggest that the implicit value that gang members place on their own lives is very low.

Economics as Anatomy

Author : G.M. Peter Swann
Publisher : Edward Elgar Publishing
Page : 264 pages
File Size : 48,9 Mb
Release : 2024-06-30
Category : Electronic
ISBN : 9781786434869

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Economics as Anatomy by G.M. Peter Swann Pdf

For most of his career, Peter Swann’s main research interest has been the economics of innovation. But he has also been preoccupied with a second question: what is the best way to study empirical economics? In this book, he uses his knowledge of the first question to answer the second. There are two fundamentally different approaches to innovation: incremental innovation and radical innovation – ‘radical’ in the sense that we go back to the ‘roots’ of empirical economics and take a different tack. An essential lesson from the economics of innovation is that we need both incremental and radical innovation for the maximum beneficial effect on the economy. Swann argues that the same is true for economics as a discipline. This book is a much-awaited sequel to Putting Econometrics in its Place which explored what other methods should be used, and why. This book is about the best way of organising the economics discipline, to ensure that it pursues this wide variety of methods to maximum effect.

Respecting Persons in Theory and Practice

Author : Jan Narveson
Publisher : Rowman & Littlefield Publishers
Page : 327 pages
File Size : 44,8 Mb
Release : 2002-02-05
Category : Philosophy
ISBN : 9781461643050

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Respecting Persons in Theory and Practice by Jan Narveson Pdf

Respecting Persons in Theory and Practice is a collection of essays of the moral and political philosophy of Jan Narveson. The essays in this collection share a consistent theme running through much of Narveson's moral and political philosophy, namely that politics and morals stem from the interests of individual people, and have no antecedent authority over us. Rather, the source of such authority lies in the way people are related to one another, and most especially, in the exigencies of cooperation. Humans have plenty of problems, Narveson argues, but we are perhaps unique among animals in that our worst enemies, often enough, are other humans. The rules of morals and the devices of politics, in the view Narveson holds, deal with these problems by identifying the potential for gain from cooperation, and loss from the reverse. The essays express a collective antipathy for the ways in which modern political and moral philosophy has ridden roughshod over sane and efficient social restrictions, leaving us with a social scene devoted mainly to satisfying the cravings for power of the politically ambitious. Politics, Narveson argues with distress, has subverted morals. The essays in this collection, in various ways and as applied to various aspects of the scene, detail these charges, arguing that the ultimate and true point of politics and morals is to enable us to make our lives better, according to our varied senses of what that might mean.

Drug War Heresies

Author : Robert J. MacCoun,Peter Reuter
Publisher : Cambridge University Press
Page : 500 pages
File Size : 42,9 Mb
Release : 2001-08-27
Category : Business & Economics
ISBN : 052179997X

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Drug War Heresies by Robert J. MacCoun,Peter Reuter Pdf

This book provides the first multidisciplinary and nonpartisan analysis of how the United States should decide on the legal status of cocaine, heroin and marijuana. It draws on data about the experiences of Western European nations with less punitive drug policies as well as new analyses of America's experience with legal cocaine and heroin a century ago, and of America's efforts to regulate gambling, prostitution, alcohol and cigarettes. It offers projections on the likely consequences of a number of different legalization regimes and shows that the choice about how to regulate drugs involves complicated tradeoffs among goals and conflict among social groups. The book presents a sophisticated discussion of how society should deal with the uncertainty about the consequences of legal change. Finally, it explains, in terms of individual attitudes toward risk, why it is so difficult to accomplish substantial reform of drug policy in America.

Economics Uncut

Author : Simon W. Bowmaker
Publisher : Edward Elgar Publishing
Page : 484 pages
File Size : 41,7 Mb
Release : 2006-01-01
Category : Business & Economics
ISBN : 9781845427986

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Economics Uncut by Simon W. Bowmaker Pdf

Economics Uncut: A Complete Guide to Life, Death and Misadventure, edited by Simon Bowmaker, contains several delightful chapters on topics central to economics and the family. Although the book s implicit thesis is to dazzle with the catholicity of economics, the chapters on marriage and divorce, reproduction, suicide, and abortion are lively introductions to these family topics, and other chapters make delightful reading on their own. Darius Conger, Economics and the American Family: A Review of Recent Literature , Choice This volume collects a wide array of economic explanations of social issues that are often thought to be beyond the realm of economic explanation. . . . This work will be valuable reading for general readers and undergraduate students. Graduate students in social sciences other than economics will find accessible economic explanations of many issues in their fields. Highly recommended. R.B. Emmett, Choice Expertly compiled and deftly edited by Simon W. Bowmaker Economics Uncut: A Complete Guide to Life, Death and Misadventure features informed and informative essays and seminal articles by eighteen accomplished economists on a variety of economic issues. . . A superbly organized and presented compendium of seminal studies and commentaries adhering to high academic standards of methodology and reporting, Economics Uncut is an important and strongly recommended addition to academic library Economic Studies reference collection, as well as being quite accessible to the non-specialist general reader with an interest in the economic implications and impacts with respect to the social issues of the present day. Library Bookwatch/Internet Bookwatch The book s variety of subject matter, combined with its innovative yet academic approach, makes it both entertaining as well as thought-provoking. Emma Winberg, Economic Affairs Economics Uncut presents itself as a complete guide to Life, Death and Misadventure . Whatever the specific chapter topic, from pornography to crime, from suicide to assisted reproduction, cost benefit analyses abound, demand and supply relations are discussed in an attempt to rationalize consumer preferences, choice and price levels and, thus, complex relationships are neatly reduced to mathematical equations, with tables and graphs being plentiful. Werner Bonefeld, Journal of Contemporary European Studies If you thought you could hide your secrets from the prying eyes of economists, think again. From sex to drugs to gambling to crime, this book will show you how the tools of economics can be used to understand just about any human behavior. This book will assuredly be the unofficial economist s guide to vice for the foreseeable future. Steven Levitt, University of Chicago and author of Freakonomics In this insightful and entertaining book, Simon Bowmaker introduces readers to the fascinating side of modern economics that applies economic analysis to a wide range of social issues from illegal drugs to religion and everything in between. In this form, economics is anything but the dismal science. This is a fun and enlightening book that shows readers what many economists often forget that economics is a powerful tool for understanding the world around them. Kevin M. Murphy, University of Chicago, US Economics is generally associated with the financial pages of newspapers apart from front page discussion of major topics such as inflation, budget deficits, or unemployment. However, the topics discussed in many of the other pages of a typical newspaper, such as crime, divorce, or sport, are also appropriate for economic analysis. Economics is concerned with decisions and many important topics in today s society involve taking drugs or committing a crime or getting a divorce, for example, and so can be examined from an economic point of view. Many of these areas can be considered from different directions: legal, medical, political, religious, sociological, or psychological, for

Illegal Drugs, Economy, and Society in the Andes

Author : Francisco E. Thoumi
Publisher : Woodrow Wilson Center Press
Page : 442 pages
File Size : 50,5 Mb
Release : 2003
Category : Business & Economics
ISBN : 0801878543

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Illegal Drugs, Economy, and Society in the Andes by Francisco E. Thoumi Pdf

Table of contents

The Law and Economics of Irrational Behavior

Author : Francesco Parisi,Vernon L. Smith
Publisher : Stanford University Press
Page : 634 pages
File Size : 44,6 Mb
Release : 2005
Category : Business & Economics
ISBN : 0804751447

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The Law and Economics of Irrational Behavior by Francesco Parisi,Vernon L. Smith Pdf

This collection of essays explores the most relevant developments at the interface of economics and psychology, giving special attention to models of irrational behavior, and draws the relevant implications of such models for the design of legal rules and institutions. The application of economic models of irrational behavior to law is especially challenging because specific departures from rational behavior differ markedly from one another. Furthermore, the analytical and deductive instruments of economic theory have to be reshaped to deal with the fragmented and heterogeneous findings of psychological research, turning towards a more experimental and inductive methodology. This volume brings together pioneering scholars in this area, along with some of the most exciting developments in the field of legal and economic theory. Areas of application include criminal law and sentencing, tort law, contract law, corporate law, and financial markets.

Illicit Trade and the Global Economy

Author : Cláudia Costa Storti,Paul de Grauwe
Publisher : MIT Press
Page : 277 pages
File Size : 48,6 Mb
Release : 2012
Category : Business & Economics
ISBN : 9780262016551

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Illicit Trade and the Global Economy by Cláudia Costa Storti,Paul de Grauwe Pdf

Economists explore the relationship between expanding international trade and the parallel growth in illicit trade, including illegal drugs, smuggling, and organized crime. As international trade has expanded dramatically in the postwar period--an expansion accelerated by the opening of China, Russia, India, and Eastern Europe--illicit international trade has grown in tandem with it. This volume uses the economist's toolkit to examine the economic, political, and social problems resulting from such illicit activities as illegal drug trade, smuggling, and organized crime. The contributors consider several aspects of the illegal drug market, including the sometimes puzzling relationships among purity, price, and risk; the effect of globalization on the heroin and cocaine markets, examined both through mathematical models and with empirical data from the U.K; the spread of khat, a psychoactive drug imported legally to the U.K. as a vegetable; and the economic effect of the "war on drugs" on producer and consumer countries. Other chapters examine the hidden financial flows of organized crime, patterns of smuggling in international trade, Iran's illicit trading activity, and the impact of mafia-like crime on foreign direct investment in Italy.

The Drug War in Latin America

Author : William Avilés
Publisher : Routledge
Page : 184 pages
File Size : 45,8 Mb
Release : 2017-10-05
Category : Political Science
ISBN : 9781315456676

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The Drug War in Latin America by William Avilés Pdf

Since the mid-1980s subsequent US governments have promoted a highly militarized and prohibitionist drug control approach in Latin America. Despite this strategy the region has seen increasing levels of homicide, displacement and violence. Why did the militarization of U.S. drug war policies in Latin America begin and why has it continued despite its inability to achieve the stated targets? Are such policies simply intended to impose U.S. power or have elites in Latin America internalized this agenda as their own? Why did resistance to this approach emerge in the late-2000s and does this represent a challenge to the prohibitionist agenda? In this book William Avilés argues that if we are to understand and explain the militarization of the drug war in Latin America a ‘transnational grand strategy’, developed and implemented by networks of elites and state managers operating in a neoliberal, globalized social structure of accumulation, must be considered and examined.

Drugs and Thugs

Author : Russell Crandall
Publisher : Yale University Press
Page : 521 pages
File Size : 51,9 Mb
Release : 2020-10-27
Category : Law
ISBN : 9780300240344

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Drugs and Thugs by Russell Crandall Pdf

A sweeping and highly readable work on the evolution of America's domestic and global drug war How can the United States chart a path forward in the war on drugs? In Drugs and Thugs, Russell Crandall uncovers the full history of this war that has lasted more than a century. As a scholar and a high-level national security advisor to both the George W. Bush and Obama administrations, he provides an essential view of the economic, political, and human impacts of U.S. drug policies. Backed by extensive research, lucid and unbiased analysis of policy, and his own personal experiences, Crandall takes readers from Afghanistan to Colombia, to Peru and Mexico, to Miami International Airport and the border crossing between El Paso and Juarez to trace the complex social networks that make up the drug trade and drug consumption. Through historically driven stories, Crandall reveals how the war on drugs has evolved to address mass incarceration, the opioid epidemic, the legalization and medical use of marijuana, and America's shifting foreign policy.

Milton Friedman

Author : Robert Cord,J. Daniel Hammond
Publisher : Oxford University Press
Page : 887 pages
File Size : 54,9 Mb
Release : 2016
Category : Business & Economics
ISBN : 9780198704324

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Milton Friedman by Robert Cord,J. Daniel Hammond Pdf

Includes bibliographical references and index.

Transnational Financial Crime

Author : Nikos Passas
Publisher : Routledge
Page : 650 pages
File Size : 41,9 Mb
Release : 2017-07-05
Category : History
ISBN : 9781351538510

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Transnational Financial Crime by Nikos Passas Pdf

Financial crime affects virtually all areas of public policy and is increasingly transnational. The essays in this volume address both the theoretical and policy issues arising from financial crime and feature a wide variety of case studies, and cover topics such as state revenue collection, criminal enterprises, money laundering, the use of new technologies and methods in financial crime, corruption, terrorism, proliferation of WMD, sanctions, third-world debt, procurement, telecommunications, cyberspace, the defense industry and intellectual property. Taken together, these essays form a must-read collection for scholars and students in law, finance and criminology.

The Encyclopedia of Libertarianism

Author : Ronald Hamowy
Publisher : SAGE Publications
Page : 664 pages
File Size : 51,5 Mb
Release : 2008-08-15
Category : Political Science
ISBN : 9781506320007

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The Encyclopedia of Libertarianism by Ronald Hamowy Pdf

As a continuation of the older tradition of classical liberalism, libertarian thinking draws on a rich body of thought and scholarship. Contemporary libertarian scholars are continuing that tradition by making substantial contributions to such fields as philosophy, jurisprudence, economics, evolutionary psychology, political theory, and history, in both academia and politics. With more than 300 A-to-Z signed entries written by top scholars, The Encyclopedia of Libertarianism is purposed to be a useful compilation of and introduction to libertarian scholarship. The Encyclopedia starts with an introductory essay offering an extensive historical and thematic overview of key thinkers, events, and publications in the development of libertarian thought. The Reader's Guide groups content for researchers and students alike, allowing them to study libertarianism topically, biographically, and by public policy issues. Key Features Entries conclude with bibliographies and references for further reading and cross-references to related entries. Each entry provides an introduction to a topic or policy question relevant to libertarianism or a biography of a person who has had an impact on libertarianism. Editors take special care to ensure entries clearly explain libertarian approaches to issues, do not take sides on disputed matters or engage in polemics, and represent the views of all sides fairly and accurately.

The Control of Drugs and Drug Users

Author : Ross Coomber
Publisher : CRC Press
Page : 304 pages
File Size : 41,6 Mb
Release : 2020-07-26
Category : Medical
ISBN : 9781000162127

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The Control of Drugs and Drug Users by Ross Coomber Pdf

Informed debate on how, why, or even if, drugs and those that use them should be controlled needs an insight into the background of such controls, how effective they have been and what reasonable alternatives there may be. This book seeks to provide such an insight. Reviewing important aspects of past and current drug control policies in Britain and America, the international compliment of expert contributors seek to explore the rationality of the reasoning which produced the initial controls, the continuing relevance of those currently employed, and provide alternative scenarios for future policy.