The economics of vengeance

by on July 29, 2008 at 11:32 am in Political Science | Permalink

Within a given country, people who have been victims of the same kind of crime (here, a burglary) tend to be more vengeful, but not if they have been victims of a different crime, like mugging.

Of course the basic idea comes from Adam Smith.  Here is the full story, which features commentary by GMU economists.  Here is my previous post on the topic.

Rue Des Quatre Vents July 29, 2008 at 11:48 am

Or to rephrase Tom Wolfe, a conservative is a liberal who has been mugged twice.

mike kenny July 29, 2008 at 12:38 pm

makes sense. i wonder if countries who’ve
been invaded once are more likely to resist
intensely the second time.

A Stoner July 29, 2008 at 1:15 pm

Actually,
France rolled over for the Germans the second time it invaded. Germany was completely taken aback by how easily the French surrendered.

DeGaulle July 29, 2008 at 2:09 pm

“Actually, France rolled over for the Germans the second time it invaded. Germany was completely taken aback by how easily the French surrendered.”

So totally not my fault.

ryan yin July 29, 2008 at 7:30 pm

Andrew,
Random unnecessary aside of the day: when Adam Smith first defined hatred, he made a distinction between being willing to suffer a cost to inflict harm, and simply being happy when harm is inflicted on another. He designated hatred as the latter and called “resentment” the thing Glaeser calls “hatred”.

k July 30, 2008 at 2:09 pm

and the british running in Durkerke?
and btw It was Dumas, in The Count of Montecristo who said : Vengeance is a dish that is better served cold.that were Klingon , very original,saying comes

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