Crime Interest

Interest rates and crime rates are related →

https://thecrimereport.org/2016/12/06/the-startling-link-between-low-interest-rates-and-low-crime/

So many articles have been, and will be, written about what causes crime. That’s why I think this article is refreshing — it uses economic stats to help identify a potential reason. It’s a pretty simple progression and it seems to make sense: Societal instability → Higher interest rates > Financial stress > Crime. (Or, maybe it’s a recursive loop? If so, what breaks that loop?)

That’s why Economics as topic has become so interesting to me, in what I read; in the podcasts I listen to; in the videos I watch; in what I blog about. I majored in Econ in college, but not because I was that interested in it — it was more that it was the the best way to build business knowledge with a liberal arts base. I’m not sure I learned much there, and certainly didn’t retain much from it, but perhaps it started me down the path to where I am today.