In the current economic climate, this book could not be more timely. One of the world's leading experts explores the connections between crime and economic conditions, linking the formal economy to the operation of illegal markets and both, in turn, to changes in the forms and levels of crime over time.
The book offers a readable, interesting and accessible analysis, covering a range of theoretical and empirical approaches. It addresses a range of different criminal activities, including: violent crime; burglary; drug crime; white collar crime; organised crime; fraud; corporate crime
Crime and the Economy is written in plain English, technical terms (when used) are be explained clearly, examples punctuate the discussion, and visual material is used throughout to explain the topics under discussion. It is essential reading for undergraduates and graduates in criminology and sociology.
Chapter One: Through the Looking Glass: The Complex Relationship between Crime and the Economy
Through the Looking Glass: The Complex Relationship between Crime and the Economy
Willie Sutton was a notorious bank robber. During his 40-year criminal career he allegedly stole over $2 million.1 He spent about half of his adult life behind bars, although he managed to escape from prison twice. He is best known for his answer when asked why he robbed banks: ‘… because that's where the money is.’ In his partly ghost-written autobiography, Where the Money Was: The Memoirs of a Bank Robber, Sutton denied having uttered the phrase. He credited some enterprising reporter. Nevertheless, the words attributed to him seem to contain a pearl of wisdom: when trying to understand some phenomenon, begin ...