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Tag Archives: prisons

My review of Robert Clark’s book on Canada’s prisons

Robert Clark has written a very good book about Canada’s prison system. Mr. Clark worked from 1980 until 2009 in seven different federal prisons, all located in Ontario. The book is a compilation of personal accounts based on the author’s various assignments. Since prisons can be a pipeline into homelessness, I’ve reviewed the book with great interest. My review is available here. Nick Falvo is a Calgary-based research consultant. He has a PhD in public policy....

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IPA’s weekly links

Guest post by Jeff Mosenkis of Innovations for Poverty Action. Cash transfers have been all the rage but now that longer-term data is coming in, Berk Ozler suggests that one-time grants may not be a panacea. A new AER article looking at longitudinal effects on children of a Native American tribe giving out cash from casino dividends, finds long-term effects in personality and psychological well-being for kids whose families got the cash. But Jean Drèze explains why he’s cautious about the...

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Ramen is displacing tobacco as most popular US prison currency, study finds

So the internet seems pretty much obsessed with this story right about now… The headline, taken at face value, isn’t particularly surprising to economists- we are quick to point out that a pretty wide variety of items can count as “money”, provided that they perform a few functions: A medium of exchange A unit of account A store of value By this characterization, sure, ramen could serve as money- I guess ramen packs aren’t so large as to be too cumbersome to be traded, you could quote...

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