Prison gangs have emerged in recent decades to provide security, property enforcement, and conflict adjudication when formal government enforcers explicitly failed to provide such for inmates behind bars.
The United States incarcerates more people than any country in the world today and throughout history. The financial costs are tremendous and rising. It is uncreative, abusive, socialistic, and robs our society and economy of vast human and material resources. It is also un-American.
Jeffrey Tucker interviews Daniel D'Amico, assistant professor of Economics at Loyola University New Orleans, and discusses Dan's ongoing research on the economics of crime and punishment. Recorded at the Ludwig von Mises Institute in Auburn, Alabama, on March 29th, 2011.
Colleges offer their students a taste of reality by simulating the political atmosphere of society with the presence of student government associations (SGAs). The election process succeeds in mimicking many aspects of real political campaigns: the cutthroat environment of campaign promises...