Economists’ consensus: models and estimates

  • Petrus C. van DuyneEmail author
  • Jackie H. Harvey
  • Liliya Y. Gelemerova


The interest of economists in crime is not a coincidence or a diversion from the attention of their strict discipline. Apart from personal harm, most crimes concern financial loss and damage or criminal revenue: all of these are economic variables. This interest is traced back by various academics to Becker’s seminal 1968 work “Crime and punishment: an economic approach” (see for example, Brennan and Eusepi, 2008; McCarthey et al., 2014; and Arnone and Borlini, 2010). However, the relationship between crime and money and, more generally, the positioning of criminal activity as a natural facet of capitalist society, goes back further in the literature which was mainly focussed on white collar and corporate crime (see for example Bequai, 1979; Braithwaite, 1988). For example, Naylor (2003, p.82) describes “the inherent economic logic of profit driven offences”. Naylor further drew attention to the lack of precision of the definition of ‘economic crime’. He noted that the terms economic, profit driven, white collar or financial crime, were freely interchanged though their meanings are different. They cover some different and some overlapping fields of criminal conduct.


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Authors and Affiliations

  • Petrus C. van Duyne
    • 1
    Email author
  • Jackie H. Harvey
    • 2
  • Liliya Y. Gelemerova
    • 3
  1. 1.Department of Penal LawTilburg UniversityTilburgThe Netherlands
  2. 2.Newcastle Business SchoolNorthumbria UniversityNewcastle upon TyneUK
  3. 3.University of ManchesterManchesterUK

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