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Wages of Crime : Black Markets, Illegal Finance, and the Underworld Economy by Robin T Naylor is a book available to read on EtoBox.

What is Wages of Crime : Black Markets, Illegal Finance, and the Underworld Economy about?

"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 businessarms 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. Wages of Crime also outlines

Author

Robin T Naylor

Publisher

Ithaca: Cornell University Press

Published

2004

Language

EN

ISBN

9780801489600

Subjects

Economics, Social Science, Political Science

Rating

3.7 / 5 (13 ratings)

Updated

2026-03-14