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I believe -- if I remember the workshop I attended correctly -- that there's a fair amount of economics literature on the types of things that people steal in b
by capnrefsmmat 7y ago
I believe -- if I remember the workshop I attended correctly -- that there's a fair amount of economics literature on the types of things that people steal in burglaries and the rates over time, and yes, burglary rates for things like stereos and TVs have plummeted. The top things stolen now are cash, jewelry, and guns. The economists see connections to consumer prices in general: ordinary electronic crap is so cheap that there's not much point in setting up a black market for stolen electronics. Guns, jewelry, and cash still have plenty of value for burglars, though.