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Criminal (In)Justice · Clay & Buck Recommendations

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  Speaker 1: Is they raised the transaction cost of enforcing the law,
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  Speaker 1: and they lowered the transaction cost of breaking the law.
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  Speaker 1: When that happens, things go bad, you get more crime.
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  Speaker 1: And what I think is interesting about the moment that
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  Speaker 1: we're in right now is that everyone's making all this
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  Speaker 1: hay about the fact that crime is, you know, going down,
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  Speaker 1: that homicides are going to reach their near low you know,
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  Speaker 1: for however, for many years. What's interesting is that for
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  Speaker 1: the last couple of years especially, we have walked away
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  Speaker 1: from all of the reformist impulses that the BLM movement pushed.
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  Speaker 1: So we're seeing police around the country reassert themselves. We
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  Speaker 1: are seeing, you know, the incarceration rate go up. The
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  Speaker 1: prison population is going up for the first time in
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  Speaker 1: over a decade for the last two years. So, you know,
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  Speaker 1: I think we learned some lessons from that really toxic experiment.
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  Speaker 1: But the one thing that I think don't think people
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  Speaker 1: appreciate enough is that the people who paid the highest
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  Speaker 1: price for the excesses of BLM were Black Americans who
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  Speaker 1: saw the I think they bore almost ninety five percent
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  Speaker 1: of the homicides spike in twenty twenty and twenty one