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The Economics of Crime by Zagros Madjd-Sadjadi

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CHAPTER 8

Public Policy

With limited exceptions, such as Chapter 1’s exposition on “Indifference Curves and Crime,” most policy advice in this book has dealt with specific offences. For example, Chapter 6 discussed strategies to reduce “White Collar” crime and Chapter 5 looked at efforts to combat prostitution and illicit drugs. This is for good reason. In order to catch a criminal, you must learn to think like them (although not act like them!) and that means examining policies to deter specific criminal activity.

Modern police techniques owe much to one former master criminal, François-Eugène Vidocq. After being rehabilitated, he established the first detective force, the Sûreté of Paris, consisting at the time of other former criminals. and ...

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