iBankCoin
Joined Nov 11, 2007
31,929 Blog Posts

With Crime Down Why are We Spending More Taxpayer Dollars on Police ?

Does the government and police states expect something ?

Full article

If you enjoy the content at iBankCoin, please follow us on Twitter

2 comments

  1. Mr. Cain Thaler
    Mr. Cain Thaler

    http://en.wikipedia.org/wiki/Lucas_critique

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  2. Mr. Cain Thaler
    Mr. Cain Thaler

    “For an especially simple example, note that Fort Knox has never been robbed. However, this does not mean the guards can safely be eliminated, since the incentive not to rob Fort Knox depends on the presence of the guards. In other words, with the heavy security that exists at the fort today, criminals are unlikely to attempt a robbery because they know they are unlikely to succeed. But a change in security policy, such as eliminating the guards for example, would lead criminals to reappraise the costs and benefits of robbing the fort. So just because there are no robberies under the current policy does not mean this should be expected to continue under all possible policies.”

    • 0
    • 0
    • 0 Deem this to be "Fake News"