pt. I. Theoretical and empirical developments : Becker, Ehrlich. and beyond -- pt. II. Economic analysis of the public production of criminal justice -- pt. III. Crime and the economy -- pt. IV. Controversies and debates in the economics-of-crime literature.

In an effort to understand the reasons for and consequences of the political backlash to the U.S. Supreme Court decision, Kelo v. New London, this book brings together a diverse group of scholars and practitioners who explore the uses and abuses of eminent domain and regulatory takings

Mises (1949[1963], p. 692) explains that market-failure justifications for state actions, such as economic regulation “ascribe to the state not only the best intentions but also omniscience.” He then points out that neither assumption is valid: government is not benevolent since both, those...

Licensing requirements for US private security firms and guards differ substantially from state to state. State regulatory institutions for this industry also vary considerably. Some states have specialized regulatory boards with industry personnel (guards, firm owners) and/or public police as...