Thursday, March 20, 2008

Unintended consequences

Marginal Revolution asks why burglaries have declined (in the US). Apparently criminals can't find buyers: everybody already has everything, from iPods to televisions to pirated movies on DVD.

In other words, we have fewer burglaries because of low wages in China.

Also has interesting responses in the comment section about robbery (usually targeting cash), fraud as a tool for stealing services, victim choice in home invasions, and the castle doctrine.

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