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Economics and Crime

Rosalie
Posts: 4,606
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2/5/2016 5:56:35 PM
Posted: 10 months ago
Free exchange determines whether corporate wrongdoing bodes well. Banks, drug organizations and weapons creators have all been stung with record fines as of late. In any case, while fines keep going up, corporate principle breaking"for instance, the LIBOR banksters"is by all accounts blasting. Why aren't high fines hindering terrible conduct?

One reason could be that the fines, which can be seen as the cost of wrongdoing, are too low. The financial aspects of wrongdoing would bolster this thought. Numerous wrongdoing business analysts utilize a system set out by Gary Becker of the University of Chicago. (Mr Becker's online journal arrives.) The thought is that would-be offenders reasonably weigh up the normal expenses and advantages of breaking the principles. In the event that the likelihood of being gotten or the level of fine is too low, then the normal expenses may be exceeded by the advantages. For this situation, wrongdoing pays and wrongdoing can be objective. The same rationale applies to a great deal more minor guidelines, which is the reason Mr Becker at some point picks not to purchase a stopping ticket, as he clarifies in a 2006 meeting with Tim Harford.

The thought of sound wrongdoing can be utilized to evaluate whether fines are set at sensible levels. One general guideline antitrust business analysts use is that cartels can accomplish cheats of 20-30%. In any case, the organizations that police cartels use fines of between 10-40% (Britain's guard dog is at the frail end of the scale, America's is more muscular). Mr. Becker's wrongdoing math demonstrates the issue with this: with a half location rate, and fines extending between 10-40%, the normal expense of cartel wrongdoing is in the 5-20% territory. Utilize a 10% identification rate, and anticipated that discipline costs fall would 1-4%. So the normal advantages exceed the expenses. Right now, it appears to be, some corporate wrongdoings pay abunda.
" We need more videos of cat's playing the piano on the internet" - My art professor.

"Criticism is easier to take when you realize that the only people who aren't criticized are those who don't take risks." - Donald Trump

Officially Mrs. 16Kadams 8-30-16
Rosalie
Posts: 4,606
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2/5/2016 9:12:04 PM
Posted: 10 months ago
Waits for Economic Messiah and his disciples..
" We need more videos of cat's playing the piano on the internet" - My art professor.

"Criticism is easier to take when you realize that the only people who aren't criticized are those who don't take risks." - Donald Trump

Officially Mrs. 16Kadams 8-30-16
Reformist
Posts: 679
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2/5/2016 11:04:40 PM
Posted: 10 months ago
I prefer a somewhat mix of a command and free market economy.

That has nothing to do with this topic though and I just felt like doing this because I'm bored
DDO History Revival Officer
Fuher of the Reich

"I'm not Asian"-Vaarka

"I would rather have a fascist than a socialist in office"- Bball

To be a feminist or to be smart that is the question
Rosalie
Posts: 4,606
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2/5/2016 11:16:23 PM
Posted: 10 months ago
At 2/5/2016 11:04:40 PM, Reformist wrote:
I prefer a somewhat mix of a command and free market economy.

That has nothing to do with this topic though and I just felt like doing this because I'm bored

Well gee, thanks. At least someone other than myself has controbuted to this thread. Lol.
" We need more videos of cat's playing the piano on the internet" - My art professor.

"Criticism is easier to take when you realize that the only people who aren't criticized are those who don't take risks." - Donald Trump

Officially Mrs. 16Kadams 8-30-16
Reformist
Posts: 679
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2/5/2016 11:29:30 PM
Posted: 10 months ago
No problem
DDO History Revival Officer
Fuher of the Reich

"I'm not Asian"-Vaarka

"I would rather have a fascist than a socialist in office"- Bball

To be a feminist or to be smart that is the question
ColeTrain
Posts: 4,311
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2/5/2016 11:41:27 PM
Posted: 10 months ago
At 2/5/2016 9:12:04 PM, Rosalie wrote:
Waits for Economic Messiah and his disciples..

Lol, who is that?

Btw, I might respond later, assuming I have sufficient time.
"The right to 360 noscope noobs shall not be infringed!!!" -- tajshar2k
"So, to start off, I've never committed suicide." -- Vaarka
"I eat glue." -- brontoraptor
"I mean, at this rate, I'd argue for a ham sandwich presidency." -- ResponsiblyIrresponsible
"Overthrow Assad, heil jihad." -- 16kadams when trolling in hangout
"Hillary Clinton is not my favorite person ... and her campaign is as inspiring as a bowl of cottage cheese." -- YYW
Rosalie
Posts: 4,606
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2/6/2016 5:08:31 PM
Posted: 10 months ago
At 2/5/2016 11:41:27 PM, ColeTrain wrote:
At 2/5/2016 9:12:04 PM, Rosalie wrote:
Waits for Economic Messiah and his disciples..

Lol, who is that?

Btw, I might respond later, assuming I have sufficient time.

You being one, haha.
" We need more videos of cat's playing the piano on the internet" - My art professor.

"Criticism is easier to take when you realize that the only people who aren't criticized are those who don't take risks." - Donald Trump

Officially Mrs. 16Kadams 8-30-16
ResponsiblyIrresponsible
Posts: 12,398
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2/6/2016 5:13:34 PM
Posted: 10 months ago
*sees crickets in thread that attempts to tie economics to sociology*

*is, on balance, thrilled*

*thinks more people should ask about the yield curve in his AMA so he has an excuse to shoot down ignorant arguments and start, for the first time ever, contributing to the website*
~ResponsiblyIrresponsible

DDO's Economics Messiah
Rosalie
Posts: 4,606
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2/6/2016 5:23:01 PM
Posted: 10 months ago
At 2/6/2016 5:13:34 PM, ResponsiblyIrresponsible wrote:
*sees crickets in thread that attempts to tie economics to sociology*

*is, on balance, thrilled*

*thinks more people should ask about the yield curve in his AMA so he has an excuse to shoot down ignorant arguments and start, for the first time ever, contributing to the website*

*really wants your opinion*

*realizes you're a useless member, and you won't contribute to my thread*
" We need more videos of cat's playing the piano on the internet" - My art professor.

"Criticism is easier to take when you realize that the only people who aren't criticized are those who don't take risks." - Donald Trump

Officially Mrs. 16Kadams 8-30-16
ResponsiblyIrresponsible
Posts: 12,398
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2/6/2016 5:29:33 PM
Posted: 10 months ago
At 2/6/2016 5:23:01 PM, Rosalie wrote:
At 2/6/2016 5:13:34 PM, ResponsiblyIrresponsible wrote:
*sees crickets in thread that attempts to tie economics to sociology*

*is, on balance, thrilled*

*thinks more people should ask about the yield curve in his AMA so he has an excuse to shoot down ignorant arguments and start, for the first time ever, contributing to the website*

*really wants your opinion*

*realizes you're a useless member, and you won't contribute to my thread*

That has been a problem I've been dealt. Curses.
~ResponsiblyIrresponsible

DDO's Economics Messiah
dylancatlow
Posts: 12,245
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2/6/2016 8:06:31 PM
Posted: 10 months ago
At 2/5/2016 5:56:35 PM, Rosalie wrote:

Would you favor criminal penalties over fines as a way of dealing with corporate abuse?
ColeTrain
Posts: 4,311
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2/6/2016 8:24:07 PM
Posted: 10 months ago
At 2/6/2016 5:08:31 PM, Rosalie wrote:
At 2/5/2016 11:41:27 PM, ColeTrain wrote:
At 2/5/2016 9:12:04 PM, Rosalie wrote:
Waits for Economic Messiah and his disciples..

Lol, who is that?

Btw, I might respond later, assuming I have sufficient time.

You being one, haha.

Lol. okay. ;)
"The right to 360 noscope noobs shall not be infringed!!!" -- tajshar2k
"So, to start off, I've never committed suicide." -- Vaarka
"I eat glue." -- brontoraptor
"I mean, at this rate, I'd argue for a ham sandwich presidency." -- ResponsiblyIrresponsible
"Overthrow Assad, heil jihad." -- 16kadams when trolling in hangout
"Hillary Clinton is not my favorite person ... and her campaign is as inspiring as a bowl of cottage cheese." -- YYW
The-Voice-of-Truth
Posts: 6,560
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2/6/2016 8:27:49 PM
Posted: 10 months ago
At 2/5/2016 11:41:27 PM, ColeTrain wrote:
At 2/5/2016 9:12:04 PM, Rosalie wrote:
Waits for Economic Messiah and his disciples..

Lol, who is that?

Mister ResponsiblyIrresponsible himself, who seems to have already discovered this thread.

Btw, I might respond later, assuming I have sufficient time.
Suh dude

"Because we all know who the most important snowflake in the wasteland is... It's YOU, champ! You're a special snowflake." -Vaarka, 01:30 in the hangouts

"Screw laying siege to Korea. That usually takes an hour or so." -Vaarka

"Crap, what is my religion again?" -Vaarka

I'm Rick Harrison and this is my pawn shop. I work here with my old man and my son, Big Hoss, and in 23 years I've learned one thing. You never know what is gonna come through that door.
ColeTrain
Posts: 4,311
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2/6/2016 8:31:33 PM
Posted: 10 months ago
At 2/6/2016 8:27:49 PM, The-Voice-of-Truth wrote:
At 2/5/2016 11:41:27 PM, ColeTrain wrote:
At 2/5/2016 9:12:04 PM, Rosalie wrote:
Waits for Economic Messiah and his disciples..

Lol, who is that?

Mister ResponsiblyIrresponsible himself, who seems to have already discovered this thread.

Take note of what's bolded... ;)

Btw, I might respond later, assuming I have sufficient time.
"The right to 360 noscope noobs shall not be infringed!!!" -- tajshar2k
"So, to start off, I've never committed suicide." -- Vaarka
"I eat glue." -- brontoraptor
"I mean, at this rate, I'd argue for a ham sandwich presidency." -- ResponsiblyIrresponsible
"Overthrow Assad, heil jihad." -- 16kadams when trolling in hangout
"Hillary Clinton is not my favorite person ... and her campaign is as inspiring as a bowl of cottage cheese." -- YYW
The-Voice-of-Truth
Posts: 6,560
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2/6/2016 8:35:39 PM
Posted: 10 months ago
At 2/6/2016 8:31:33 PM, ColeTrain wrote:
At 2/6/2016 8:27:49 PM, The-Voice-of-Truth wrote:
At 2/5/2016 11:41:27 PM, ColeTrain wrote:
At 2/5/2016 9:12:04 PM, Rosalie wrote:
Waits for Economic Messiah and his disciples..

Lol, who is that?

Mister ResponsiblyIrresponsible himself, who seems to have already discovered this thread.

Take note of what's bolded... ;)

Oh, lol.

Btw, I might respond later, assuming I have sufficient time.
Suh dude

"Because we all know who the most important snowflake in the wasteland is... It's YOU, champ! You're a special snowflake." -Vaarka, 01:30 in the hangouts

"Screw laying siege to Korea. That usually takes an hour or so." -Vaarka

"Crap, what is my religion again?" -Vaarka

I'm Rick Harrison and this is my pawn shop. I work here with my old man and my son, Big Hoss, and in 23 years I've learned one thing. You never know what is gonna come through that door.
Rosalie
Posts: 4,606
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2/6/2016 8:36:09 PM
Posted: 10 months ago
At 2/6/2016 8:06:31 PM, dylancatlow wrote:
At 2/5/2016 5:56:35 PM, Rosalie wrote:

Would you favor criminal penalties over fines as a way of dealing with corporate abuse?

Personally, no. I believe criminal penalties are more reasonable.
" We need more videos of cat's playing the piano on the internet" - My art professor.

"Criticism is easier to take when you realize that the only people who aren't criticized are those who don't take risks." - Donald Trump

Officially Mrs. 16Kadams 8-30-16
ColeTrain
Posts: 4,311
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2/6/2016 8:38:50 PM
Posted: 10 months ago
At 2/6/2016 8:35:39 PM, The-Voice-of-Truth wrote:
At 2/6/2016 8:31:33 PM, ColeTrain wrote:
At 2/6/2016 8:27:49 PM, The-Voice-of-Truth wrote:
At 2/5/2016 11:41:27 PM, ColeTrain wrote:
At 2/5/2016 9:12:04 PM, Rosalie wrote:
Waits for Economic Messiah and his disciples..

Lol, who is that?

Mister ResponsiblyIrresponsible himself, who seems to have already discovered this thread.

Take note of what's bolded... ;)

Oh, lol.

Heehee ;)
"The right to 360 noscope noobs shall not be infringed!!!" -- tajshar2k
"So, to start off, I've never committed suicide." -- Vaarka
"I eat glue." -- brontoraptor
"I mean, at this rate, I'd argue for a ham sandwich presidency." -- ResponsiblyIrresponsible
"Overthrow Assad, heil jihad." -- 16kadams when trolling in hangout
"Hillary Clinton is not my favorite person ... and her campaign is as inspiring as a bowl of cottage cheese." -- YYW
Rosalie
Posts: 4,606
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2/7/2016 4:48:58 PM
Posted: 10 months ago
At 2/6/2016 8:38:50 PM, ColeTrain wrote:
At 2/6/2016 8:35:39 PM, The-Voice-of-Truth wrote:
At 2/6/2016 8:31:33 PM, ColeTrain wrote:
At 2/6/2016 8:27:49 PM, The-Voice-of-Truth wrote:
At 2/5/2016 11:41:27 PM, ColeTrain wrote:
At 2/5/2016 9:12:04 PM, Rosalie wrote:
Waits for Economic Messiah and his disciples..

Lol, who is that?

Mister ResponsiblyIrresponsible himself, who seems to have already discovered this thread.

Take note of what's bolded... ;)

Oh, lol.

Heehee ;)

*still awaiting your opinion* :p
" We need more videos of cat's playing the piano on the internet" - My art professor.

"Criticism is easier to take when you realize that the only people who aren't criticized are those who don't take risks." - Donald Trump

Officially Mrs. 16Kadams 8-30-16
ColeTrain
Posts: 4,311
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2/7/2016 8:09:19 PM
Posted: 10 months ago
At 2/7/2016 4:48:58 PM, Rosalie wrote:
At 2/6/2016 8:38:50 PM, ColeTrain wrote:
At 2/6/2016 8:35:39 PM, The-Voice-of-Truth wrote:
At 2/6/2016 8:31:33 PM, ColeTrain wrote:
At 2/6/2016 8:27:49 PM, The-Voice-of-Truth wrote:
At 2/5/2016 11:41:27 PM, ColeTrain wrote:
At 2/5/2016 9:12:04 PM, Rosalie wrote:
Waits for Economic Messiah and his disciples..

Lol, who is that?

Mister ResponsiblyIrresponsible himself, who seems to have already discovered this thread.

Take note of what's bolded... ;)

Oh, lol.

Heehee ;)

*still awaiting your opinion* :p

Lol. Sorry, I'm busy. I'm glad that you at least care. I'll *try* to get something up tomorrow. Remind me if I forget. :)
"The right to 360 noscope noobs shall not be infringed!!!" -- tajshar2k
"So, to start off, I've never committed suicide." -- Vaarka
"I eat glue." -- brontoraptor
"I mean, at this rate, I'd argue for a ham sandwich presidency." -- ResponsiblyIrresponsible
"Overthrow Assad, heil jihad." -- 16kadams when trolling in hangout
"Hillary Clinton is not my favorite person ... and her campaign is as inspiring as a bowl of cottage cheese." -- YYW
Rosalie
Posts: 4,606
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2/9/2016 3:53:23 PM
Posted: 10 months ago
At 2/7/2016 8:09:19 PM, ColeTrain wrote:
At 2/7/2016 4:48:58 PM, Rosalie wrote:
At 2/6/2016 8:38:50 PM, ColeTrain wrote:
At 2/6/2016 8:35:39 PM, The-Voice-of-Truth wrote:
At 2/6/2016 8:31:33 PM, ColeTrain wrote:
At 2/6/2016 8:27:49 PM, The-Voice-of-Truth wrote:
At 2/5/2016 11:41:27 PM, ColeTrain wrote:
At 2/5/2016 9:12:04 PM, Rosalie wrote:
Waits for Economic Messiah and his disciples..

Lol, who is that?

Mister ResponsiblyIrresponsible himself, who seems to have already discovered this thread.

Take note of what's bolded... ;)

Oh, lol.

Heehee ;)

*still awaiting your opinion* :p

Lol. Sorry, I'm busy. I'm glad that you at least care. I'll *try* to get something up tomorrow. Remind me if I forget. :)

*awaits*
" We need more videos of cat's playing the piano on the internet" - My art professor.

"Criticism is easier to take when you realize that the only people who aren't criticized are those who don't take risks." - Donald Trump

Officially Mrs. 16Kadams 8-30-16
ColeTrain
Posts: 4,311
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2/11/2016 11:00:29 PM
Posted: 9 months ago
At 2/9/2016 3:53:23 PM, Rosalie wrote:
*awaits*

Sorry. I deactivated. :P
"The right to 360 noscope noobs shall not be infringed!!!" -- tajshar2k
"So, to start off, I've never committed suicide." -- Vaarka
"I eat glue." -- brontoraptor
"I mean, at this rate, I'd argue for a ham sandwich presidency." -- ResponsiblyIrresponsible
"Overthrow Assad, heil jihad." -- 16kadams when trolling in hangout
"Hillary Clinton is not my favorite person ... and her campaign is as inspiring as a bowl of cottage cheese." -- YYW
Rosalie
Posts: 4,606
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2/11/2016 11:20:17 PM
Posted: 9 months ago
At 2/11/2016 11:00:29 PM, ColeTrain wrote:
At 2/9/2016 3:53:23 PM, Rosalie wrote:
*awaits*

Sorry. I deactivated. :P

You did!!!??

*feels bad....dosnt notice. ;(*
" We need more videos of cat's playing the piano on the internet" - My art professor.

"Criticism is easier to take when you realize that the only people who aren't criticized are those who don't take risks." - Donald Trump

Officially Mrs. 16Kadams 8-30-16
ColeTrain
Posts: 4,311
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2/11/2016 11:26:20 PM
Posted: 9 months ago
At 2/11/2016 11:20:17 PM, Rosalie wrote:
At 2/11/2016 11:00:29 PM, ColeTrain wrote:
At 2/9/2016 3:53:23 PM, Rosalie wrote:
*awaits*

Sorry. I deactivated. :P

You did!!!??

Yep. For a few days. Needed a break, and didn't think I'd be able to have enough self-control any other way.

*feels bad....dosnt notice. ;(*

If anything, you should feel bad for misspelling *doesn't rather than not being observant enough to notice my absence. ;)
"The right to 360 noscope noobs shall not be infringed!!!" -- tajshar2k
"So, to start off, I've never committed suicide." -- Vaarka
"I eat glue." -- brontoraptor
"I mean, at this rate, I'd argue for a ham sandwich presidency." -- ResponsiblyIrresponsible
"Overthrow Assad, heil jihad." -- 16kadams when trolling in hangout
"Hillary Clinton is not my favorite person ... and her campaign is as inspiring as a bowl of cottage cheese." -- YYW
Rosalie
Posts: 4,606
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2/11/2016 11:28:14 PM
Posted: 9 months ago
At 2/11/2016 11:26:20 PM, ColeTrain wrote:
At 2/11/2016 11:20:17 PM, Rosalie wrote:
At 2/11/2016 11:00:29 PM, ColeTrain wrote:
At 2/9/2016 3:53:23 PM, Rosalie wrote:
*awaits*

Sorry. I deactivated. :P

You did!!!??

Yep. For a few days. Needed a break, and didn't think I'd be able to have enough self-control any other way.

*feels bad....dosnt notice. ;(*

If anything, you should feel bad for misspelling *doesn't rather than not being observant enough to notice my absence. ;)

Lol....it's called "typing on tour phone while walking through your school campus"
" We need more videos of cat's playing the piano on the internet" - My art professor.

"Criticism is easier to take when you realize that the only people who aren't criticized are those who don't take risks." - Donald Trump

Officially Mrs. 16Kadams 8-30-16
ColeTrain
Posts: 4,311
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2/11/2016 11:29:00 PM
Posted: 9 months ago
At 2/11/2016 11:28:14 PM, Rosalie wrote:
At 2/11/2016 11:26:20 PM, ColeTrain wrote:
At 2/11/2016 11:20:17 PM, Rosalie wrote:
At 2/11/2016 11:00:29 PM, ColeTrain wrote:
At 2/9/2016 3:53:23 PM, Rosalie wrote:
*awaits*

Sorry. I deactivated. :P

You did!!!??

Yep. For a few days. Needed a break, and didn't think I'd be able to have enough self-control any other way.

*feels bad....dosnt notice. ;(*

If anything, you should feel bad for misspelling *doesn't rather than not being observant enough to notice my absence. ;)

Lol....it's called "typing on tour phone while walking through your school campus"

*Your

I understand. :P
"The right to 360 noscope noobs shall not be infringed!!!" -- tajshar2k
"So, to start off, I've never committed suicide." -- Vaarka
"I eat glue." -- brontoraptor
"I mean, at this rate, I'd argue for a ham sandwich presidency." -- ResponsiblyIrresponsible
"Overthrow Assad, heil jihad." -- 16kadams when trolling in hangout
"Hillary Clinton is not my favorite person ... and her campaign is as inspiring as a bowl of cottage cheese." -- YYW
Rosalie
Posts: 4,606
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2/11/2016 11:33:39 PM
Posted: 9 months ago
At 2/11/2016 11:29:00 PM, ColeTrain wrote:
At 2/11/2016 11:28:14 PM, Rosalie wrote:
At 2/11/2016 11:26:20 PM, ColeTrain wrote:
At 2/11/2016 11:20:17 PM, Rosalie wrote:
At 2/11/2016 11:00:29 PM, ColeTrain wrote:
At 2/9/2016 3:53:23 PM, Rosalie wrote:
*awaits*

Sorry. I deactivated. :P

You did!!!??

Yep. For a few days. Needed a break, and didn't think I'd be able to have enough self-control any other way.

*feels bad....dosnt notice. ;(*

If anything, you should feel bad for misspelling *doesn't rather than not being observant enough to notice my absence. ;)

Lol....it's called "typing on tour phone while walking through your school campus"

*Your

I understand. :P

*facefalm*
" We need more videos of cat's playing the piano on the internet" - My art professor.

"Criticism is easier to take when you realize that the only people who aren't criticized are those who don't take risks." - Donald Trump

Officially Mrs. 16Kadams 8-30-16
ColeTrain
Posts: 4,311
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2/11/2016 11:36:06 PM
Posted: 9 months ago
At 2/11/2016 11:33:39 PM, Rosalie wrote:
At 2/11/2016 11:29:00 PM, ColeTrain wrote:
At 2/11/2016 11:28:14 PM, Rosalie wrote:
At 2/11/2016 11:26:20 PM, ColeTrain wrote:
At 2/11/2016 11:20:17 PM, Rosalie wrote:
At 2/11/2016 11:00:29 PM, ColeTrain wrote:
At 2/9/2016 3:53:23 PM, Rosalie wrote:
*awaits*

Sorry. I deactivated. :P

You did!!!??

Yep. For a few days. Needed a break, and didn't think I'd be able to have enough self-control any other way.

*feels bad....dosnt notice. ;(*

If anything, you should feel bad for misspelling *doesn't rather than not being observant enough to notice my absence. ;)

Lol....it's called "typing on tour phone while walking through your school campus"

*Your

I understand. :P


*facefalm*

*facepalm*

Lololol. I'm working on getting to actually responding substantively. :)
"The right to 360 noscope noobs shall not be infringed!!!" -- tajshar2k
"So, to start off, I've never committed suicide." -- Vaarka
"I eat glue." -- brontoraptor
"I mean, at this rate, I'd argue for a ham sandwich presidency." -- ResponsiblyIrresponsible
"Overthrow Assad, heil jihad." -- 16kadams when trolling in hangout
"Hillary Clinton is not my favorite person ... and her campaign is as inspiring as a bowl of cottage cheese." -- YYW
Rosalie
Posts: 4,606
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2/11/2016 11:41:14 PM
Posted: 9 months ago
At 2/11/2016 11:36:06 PM, ColeTrain wrote:
At 2/11/2016 11:33:39 PM, Rosalie wrote:
At 2/11/2016 11:29:00 PM, ColeTrain wrote:
At 2/11/2016 11:28:14 PM, Rosalie wrote:
At 2/11/2016 11:26:20 PM, ColeTrain wrote:
At 2/11/2016 11:20:17 PM, Rosalie wrote:
At 2/11/2016 11:00:29 PM, ColeTrain wrote:
At 2/9/2016 3:53:23 PM, Rosalie wrote:
*awaits*

Sorry. I deactivated. :P

You did!!!??

Yep. For a few days. Needed a break, and didn't think I'd be able to have enough self-control any other way.

*feels bad....dosnt notice. ;(*

If anything, you should feel bad for misspelling *doesn't rather than not being observant enough to notice my absence. ;)

Lol....it's called "typing on tour phone while walking through your school campus"

*Your

I understand. :P


*facefalm*

*facepalm*

Lololol. I'm working on getting to actually responding substantively. :)

....I'm done.

I have an excuse though; woke up up 5am, when to school, took two exams. Its now 3:40pm..still at school.

*Awaits your educational response regarding the OP*
" We need more videos of cat's playing the piano on the internet" - My art professor.

"Criticism is easier to take when you realize that the only people who aren't criticized are those who don't take risks." - Donald Trump

Officially Mrs. 16Kadams 8-30-16
ColeTrain
Posts: 4,311
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2/12/2016 12:01:46 AM
Posted: 9 months ago
At 2/11/2016 11:41:14 PM, Rosalie wrote:
At 2/11/2016 11:36:06 PM, ColeTrain wrote:
At 2/11/2016 11:33:39 PM, Rosalie wrote:
At 2/11/2016 11:29:00 PM, ColeTrain wrote:
At 2/11/2016 11:28:14 PM, Rosalie wrote:
At 2/11/2016 11:26:20 PM, ColeTrain wrote:
At 2/11/2016 11:20:17 PM, Rosalie wrote:
At 2/11/2016 11:00:29 PM, ColeTrain wrote:
At 2/9/2016 3:53:23 PM, Rosalie wrote:
*awaits*

Sorry. I deactivated. :P

You did!!!??

Yep. For a few days. Needed a break, and didn't think I'd be able to have enough self-control any other way.

*feels bad....dosnt notice. ;(*

If anything, you should feel bad for misspelling *doesn't rather than not being observant enough to notice my absence. ;)

Lol....it's called "typing on tour phone while walking through your school campus"

*Your

I understand. :P


*facefalm*

*facepalm*

Lololol. I'm working on getting to actually responding substantively. :)

....I'm done.

I have an excuse though; woke up up 5am, when to school, took two exams. Its now 3:40pm..still at school.

*Awaits your educational response regarding the OP*

Sorry, it will probably be tomorrow before I can get to it. I'm really busy at the moment. :/
"The right to 360 noscope noobs shall not be infringed!!!" -- tajshar2k
"So, to start off, I've never committed suicide." -- Vaarka
"I eat glue." -- brontoraptor
"I mean, at this rate, I'd argue for a ham sandwich presidency." -- ResponsiblyIrresponsible
"Overthrow Assad, heil jihad." -- 16kadams when trolling in hangout
"Hillary Clinton is not my favorite person ... and her campaign is as inspiring as a bowl of cottage cheese." -- YYW
ColeTrain
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2/12/2016 3:39:53 PM
Posted: 9 months ago
At 2/5/2016 5:56:35 PM, Rosalie wrote:
Free exchange determines whether corporate wrongdoing bodes well. Banks, drug organizations and weapons creators have all been stung with record fines as of late. In any case, while fines keep going up, corporate principle breaking"for instance, the LIBOR banksters"is by all accounts blasting. Why aren't high fines hindering terrible conduct?

One big reason is likely because the fines they issue aren't concurrent with the level of wealth the criminals have.

One reason could be that the fines, which can be seen as the cost of wrongdoing, are too low.

Probably so. Like I mentioned above, socioeconomic status varies, and baseline penalties don't compensate for that disparity. If you really want to punish by money, you have to make the fine high enough to have discernable impact to their initial wealth.

The financial aspects of wrongdoing would bolster this thought. Numerous wrongdoing business analysts utilize a system set out by Gary Becker of the University of Chicago. (Mr Becker's online journal arrives.) The thought is that would-be offenders reasonably weigh up the normal expenses and advantages of breaking the principles. In the event that the likelihood of being gotten or the level of fine is too low, then the normal expenses may be exceeded by the advantages. For this situation, wrongdoing pays and wrongdoing can be objective. The same rationale applies to a great deal more minor guidelines, which is the reason Mr Becker at some point picks not to purchase a stopping ticket, as he clarifies in a 2006 meeting with Tim Harford.

I'm not surprised. This reflects my thoughts as well. I've always wondered how impactful a $100 speeding ticket is for a millionaire. I mean, do they have any reason *not* to speed occasionally? That's why I would support, rather than baseline penalties, fines that vary based on a) wealth of the criminal, and b) severity of the crime. Otherwise, you could *destroy* a poor person and empty the pocket change of a wealthy one.

The thought of sound wrongdoing can be utilized to evaluate whether fines are set at sensible levels. One general guideline antitrust business analysts use is that cartels can accomplish cheats of 20-30%.

Trusts aren't always bad.

In any case, the organizations that police cartels use fines of between 10-40% (Britain's guard dog is at the frail end of the scale, America's is more muscular). Mr. Becker's wrongdoing math demonstrates the issue with this: with a half location rate, and fines extending between 10-40%, the normal expense of cartel wrongdoing is in the 5-20% territory. Utilize a 10% identification rate, and anticipated that discipline costs fall would 1-4%. So the normal advantages exceed the expenses. Right now, it appears to be, some corporate wrongdoings pay abunda.

This shouldn't happen. Reform the system to where you can punish people appropriately within the confines of the law.
"The right to 360 noscope noobs shall not be infringed!!!" -- tajshar2k
"So, to start off, I've never committed suicide." -- Vaarka
"I eat glue." -- brontoraptor
"I mean, at this rate, I'd argue for a ham sandwich presidency." -- ResponsiblyIrresponsible
"Overthrow Assad, heil jihad." -- 16kadams when trolling in hangout
"Hillary Clinton is not my favorite person ... and her campaign is as inspiring as a bowl of cottage cheese." -- YYW