The Tragedy of Wasted Funds and Broken Dreams: An Economic Analysis of Childhood Exposure to Crime and Violence (ldi.penn.edu)
The impact of childhood exposure to crime and violence is pervasive and longstanding. It might be tempting to assume that the economic losses, spread over a lifetime and across the country, cannot be calculated. But that’s just what LDI Associate Fellow Michal Gilad and co-author Abraham Gutman have done in a new working paper that attempts to calculate the consequences of such childhood exposure. The total? An annual cost to the country of $458 billion—greater than the entire share of the...