Fines are preferable to imprisonment and other types of punishment because they are more efficient. With a fine, the punishment to offenders is also revenue to the State.
More Quotes from Gary Becker:
The amount of crime is determined not only by the rationality and preferences of would-be criminals, but also by the economic and social environment created by public policies, including expenditures on police, punishments for different crimes, and opportunities for employment, schooling, and training programs.Gary Becker
A stronger yuan could lead to greater Chinese asset accumulation in the U.S. and elsewhere.
Gary Becker
Still, intuitive assumptions about behavior is only the starting point of systematic analysis, for alone they do not yield many interesting implications.
Gary Becker
Why in almost all societies have married women specialized in bearing and rearing children and in certain agricultural activities, whereas married men have done most of the fighting and market work?
Gary Becker
The Treatise tries to analyze not only modern Western families, but also those in other cultures and the changes in family structure during the past several centuries.
Gary Becker
Readers Who Like This Quotation Also Like:
Based on Topics: Punishment QuotesBased on Keywords: fines, imprisonment, offenders, preferable
Living Life Tomorrow's fate, though thou be wise, Thou canst not tell nor yet surmise; Pass, therefore, not today in vain, For it will never come again.
Omar Khayyam
My family had liberal positions.
Emma Bonino