SMRs and AMRs

Saturday, October 09, 2010

High Cost of Crime

By CHARLES M. BLOW
NYT

When times get hard and talk turns to spending and budgets, there is one area that gets short shrift: the cost of crime and our enormous criminal justice system. For instance, how much do you think a single murder costs society? According to researchers at Iowa State University, it is a whopping $17.25 million.

Those researchers analyzed 2003 data from cases in Arkansas, Florida, Georgia, North Carolina, New Jersey, Ohio, Oklahoma and Texas and calculated the figure based on “victim costs, criminal justice system costs, lost productivity estimates for both the victim and the criminal, and estimates on the public’s resulting willingness to pay to prevent future violence.” That willingness to prevent future violence includes collateral costs like expenditures for security measures, insurance and government welfare programs. It’s hard to believe that they could calculate the collateral costs with any real degree of accuracy, but I understand the concept.

(They also calculated that each rape costs $448,532, each robbery $335,733, each aggravated assault $145,379 and each burglary $41,288.)

By their estimates, more than 18,000 homicides that the Centers for Disease Control and Prevention recorded in 2007 alone will cost us roughly $300 billion. That’s about as much as we’ve spent over nine years fighting the war in Afghanistan. That’s more than the 2010 federal budget for the Departments of Education, Justice, Housing and Urban Development, Health and Human Services, Labor and Homeland Security combined. Does anyone else see a problem here?

(More here.)

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