“Fines are preferable to imprisonment and other types of punishment because they are more efficient. With a fine, the punishment to offenders is also revenue to the State.”
Gary Becker
Tags: Also | Because | Efficient | Fine | Fines | Imprisonment | More | Offenders | Other | Preferable | Punishment | Revenue | State | Types
48% of people like this quote
Gary Becker
Author details
Related authors
Other Gary Becker Quotes
Why in almost all societies have married women specialized in bearing and rearing children and in certain agricultural activities, whereas married men have done most of the fighting and market work?
Gary Becker
52% of people like this quote
The Treatise tries to analyze not only modern Western families, but also those in other cultures and the changes in family structure during the past several centuries.
Gary Becker
48% of people like this quote
Fines are preferable to imprisonment and other types of punishment because they are more efficient. With a fine, the punishment to offenders is also revenue to the State.
Gary Becker
48% of people like this quote
Still, intuitive assumptions about behavior is only the starting point of systematic analysis, for alone they do not yield many interesting implications.
Gary Becker
48% of people like this quote
A stronger yuan could lead to greater Chinese asset accumulation in the U.S. and elsewhere.
Gary Becker
48% of people like this quote