Rethinking Crime & Punishment

Long, but enlightening article on crime and punishment, from the New Yorker; ‘New York City, in the midst of a dramatic reduction in crime, is locking up a much smaller number of people, and particularly of young people, than it was at the height of the crime wave. Whatever happened to make street crime fall, it had nothing to do with putting more men in prison.’

And an interesting suggestion (see comments) from an Economist reader for dealing with bank ineptitude: reviving the Roman practise of decimation. Rather than handing out bonuses, have one banker in 10, drawn by lots, beaten to death by colleagues if the company fails to hit targets.
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