Wages of Crime
Black Markets, Illegal Finance, and the Underworld Economy Revised edition
By (author) R. T. Naylor
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Wages of Crime by R. T. Naylor
Book Description"Never in history has there been a black market tamed from the supply side. From Prohibition to prostitution, from gambling to recreational drugs, the story is the same. Supply-side controls act to encourage production and increase profits. At best a few intermediaries get knocked out of business. But as long as demand persists, the market is served more or less as before. In the meantime, failure to 'win the war' [against crime] becomes a pretext for increasing police budgets, expanding law enforcement powers, and pouring more money into the voracious maw of the prison-industrial complex."-from the Introduction R. T. Naylor specializes in the study of smuggling, black markets, and international financial crime. Wages of Crime takes the reader into the shadowy underworld of modern criminal business-arms trafficking, gold smuggling, money laundering, and terrorist financing. Naylor dissects the schemes by which illegal entrepreneurs disguise their acts, manage their take, and eventually enjoy the loot. The author asserts that much of what police, press, politicians, and the public understand about international crime is based on myth and misrepresentation. A fully revised final chapter covering events since the book's initial publication in early 2002 brings Wages of Crime up to date.
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Book DetailsISBN: 9780801489600
(235mm x 156mm x 23mm)
Imprint: Cornell University Press
Publisher: Cornell University Press
Publish Date: 1-Dec-2004
Country of Publication: United States
Books By Author R. T. Naylor
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Investigates the American government's understanding of and response to 9/11, exposing the official story - and the resulting global War on Islamic Terror - as based on myth and misinformation. This book argues that Bin Laden's role in various terrorist activities has been grossly exaggerated.
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