Austrian Addiction

Dan D'Amico on proportionate punishment, free market prisons, criminal justice, Austrian economics and much more.

Caplan on optimal restitution

So this is a bit of a delayed response: After reading my paper, Caplan recently posted that he began to think about the challenge of optimally calculating restitution. While Bryan's willing to admit that the United States is excessively punitive when Read More...

Read the complete post at http://austrianaddiction.rationalmind.net/2010/06/caplan-on-optim.html