A headline from the Economist, discussing evidence that reduced crime rates have their genesis in the plummeting price of cocaine:

Llewellyn Hinkes-Jones has a great piece at the Atlantic’s Cities blog amassing the evidence that the remarkable drop in crime rates in America since the mid-1990s is largely due to the plummeting price of cocaine. This makes profit rates for coke dealers insufficient to warrant violent efforts to control territory.

More at the link.

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