Subject:
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Re: Fan Thank You Letter
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Newsgroups:
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lugnet.off-topic.debate
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Date:
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Fri, 21 Jun 2002 04:11:21 GMT
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Viewed:
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1432 times
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In lugnet.off-topic.debate, Dave Schuler writes:
> In lugnet.off-topic.debate, David Koudys writes:
>
> ***snip of stereophilic skullduggery***
>
> > Sure it works out for that one stolen car stereo may work out to be a
> > fraction of a thousanth of a penny per purchase, but A) you're not the only
> > thief out there and b) you make plenty of purchases. YOu think that in 10
> > years, you won't have spent more than 300 dollars on the 'addidtional
> > expenses' attached to consumer goods that you purchase? Unless you steal
> > everything that you need to live, throughout your life you're shelling out
> > more than the moneys saved by stealing. Not you as society, but you
> > specifically--the thief.
>
> Kind of. But consider that the costs are raised infinitessimally by any
> single theft, so it's no good to tell Thief A not to steal; as long as every
> other thief is still stealing, then Thief A will still have to pay pretty
> much the same amount whether he steals your stereo or not. That is, over
> ten years Thief A would have paid close to $300.00 in theft-absorption costs
> anyway, so he might as well help himself to another stereo while he's at it.
>
> Dave!
Take a look at this link for some more thoughts on the economics of crime
(including, particularly, theft)
http://www.daviddfriedman.com/Academic/Hidden_Order/Hidden_Order_Chapter_20.html
Friedman's analysis does not quite square with yours.
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Message has 1 Reply:
 | | Re: Fan Thank You Letter
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| (...) Feh! What does an economist know about cost/benefit analysis? Interesting article overall, though some of his assumptions seem to depend too much on ideal models rather than real-world situations. The problem, as I see it, is that Thief A (...) (22 years ago, 21-Jun-02, to lugnet.off-topic.debate)
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Message is in Reply To:
| | Re: Fan Thank You Letter
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| In lugnet.off-topic.debate, David Koudys writes: ***snip of stereophilic skullduggery*** (...) Kind of. But consider that the costs are raised infinitessimally by any single theft, so it's no good to tell Thief A not to steal; as long as every other (...) (22 years ago, 20-Jun-02, to lugnet.off-topic.debate)
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