Tag: Crime

Wednesday, March 16th, 2011

The price of New York’s marihuana arrests

$75 million in 2010. From 1997 through 2010 the New York Police Department made 536,000 arrests for marijuana possession. This has cost taxpayers $500 million to over $1 billion. What are we getting for this money? Not very much!

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Thursday, March 10th, 2011

The price of the War on Drugs

Americans pay a lot to keep illegal drugs off the streets. A recent review of the evidence suggests much of our investment in the Drug Wars is wasted, if not outright counterproductive. We have only 5 percent of the world’s population … Continue reading

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Saturday, January 22nd, 2011

The price of piracy

Piracy on the high seas is getting more expensive for shipping companies. The One Earth Future Foundation estimates that ransom payments to pirates rose to $5.5 million in 2010, on average, 60% more than in 2009. The average ransom in … Continue reading

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Friday, December 17th, 2010

What’s the most popular cheap Chinese knockoff?

Shoes, according to counterfeit seizure statistics from American customs. But maybe this just means it’s easier to detect counterfeit Nike’s than, say, fake Hublots. Customs and Border Protection says 79% of counterfeit goods seized at the border came from China … Continue reading

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Monday, December 6th, 2010

The Price of Crime

Most people probably agree with the statement that crime doesn’t pay. Or at least that it doesn’t pay enough to compensate for the prospect of being caught and penalized. If they didn’t, we would have many more criminals on the … Continue reading

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