![]() But the same table reveals that Florida’s RTC laws alone experienced a crime cost reduction through 2000 of almost $31 billion. Specifically, Moody and Marvell’s analysis indicates that the overall impact of RTC laws on crime through 2000 has been to lower crime by $28 billion nationally. They state that “14 states experienced cumulative benefits while 10 states experienced cumulative costs.” Unfortunately, they have the numbers backwards: 14 of the 24 states are shown in Moody and Marvell’s Table 10 to have cumulative costs that is, according to their own estimates, RTC laws lead to higher crime costs for the majority of states!Ģ) The authors had not found an implausibly high crime reduction in Florida: We point out in our response that the M&M article might have been more credible ifġ) The authors had interpreted the sign of the coefficients correctly: (You can read previous writings on this subject here, here, and here.) This time we have responded to an empirical article by Carlisle Moody and Thomas Marvell, who claim they are “confident” that “the evidence, such as it is, seems to support the hypothesis that the shall-issue law is generally beneficial with respect to its overall long-run effect on crime.” John Donohue and I have weighed in again on the concealed-handgun debate. University of Chicago Law School Faculty Blog Rothman's Roadmap to the Right of Publicity ![]() ![]() Reporters Committee For Freedom of the Press International Economic Law and Policy Blog Mike D’Antoni and the Difference Between a Concealed Handgun and LoJack The Anti-Torture Memos (arranged by topic) The Anti-Torture Memos: Balkinization Posts on Torture, Interrogation, Detention, War Powers, and OLC Sabeel Rahmansabeel.rahman at Ĭompendium of posts on Hobby Lobby and related cases ![]()
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