The 'Startling' Link Between Low Interest Rates and Low Crime - The Crime Report
thecrimereport.org
When interest rates go up, crime goes up. When interest rates go down, crime goes down. Two analysts say the powerful relationship between them has significant implications for justice and economic policymakers in the next administration.
  • RainfallSonata@lemmy.worldEnglish
    101·
    6 months ago

    Crimes rates have plummeted in the U.S. since the mid-1990s. Most of the credit for this remarkable trend has been given to an enlarged criminal justice system—largely more police, tougher sentencing and a massive prison complex.

    I’m doubting the legitimacy of the article, based entirely on this opening sentence alone. It’s pretty well established that an enlarged criminal justice system does little to reduce crime. No one’s giving it credit except those lining their pockets.

    • RainfallSonata@lemmy.worldEnglish
      21·
      6 months ago

      But "it is almost a perfect correlation (.77, with 1.00 being a perfect correlation) as Figure 1 shows“!