Gary Shiffman on the Economics of Violence

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4.7 • 4.4K Ratings

🗓️ 18 January 2021

⏱️ 59 minutes

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Summary

Economist and author Gary Shiffman of Georgetown University talks about his book, The Economics of Violence, with EconTalk host Russ Roberts. Shiffman argues that we should view terrorism, insurgency, and crime as being less about ideology and more about personal expression and entrepreneurship. He argues that approaching these problems as economists gives us better tools for fighting them.

Transcript

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0:00.0	Welcome to Econ Talk, part of the Library of Economics and Liberty.
0:06.4	I'm your host, Russ Roberts of Stanford University's Hoover Institution.
0:11.0	Our website is econtalk.org where you can subscribe, comment on this podcast, and find links
0:16.3	and other information related to today's conversation.
0:19.0	We'll also find our archives where you can listen to every episode we've ever done going
0:23.3	back to 2006.
0:25.5	Our email address is mailadycontalk.org. We'd love to hear from you.
0:32.2	Today is December 22, 2020, and my guest is author Gary Schiffman of Georgetown University.
0:37.3	He is CEO of Two Firm's Giant Oak and Consilient, the firm's use machine learning to help
0:43.3	people deal with risk.
0:45.1	Our topic for today is his new book, The Economics of Violence, How Behavioral Science,
0:50.8	Can Transform Our View of Crime in Surgency and Terrorism.
0:54.0	I want to let parents know there may be some adult or disturbing themes today's episode.
0:58.9	I want to encourage listeners to go to econtalk.org for our annual survey of your favorite episodes.
1:05.4	Gary, welcome to econtalk.
1:07.3	Russ, it's really great to be with you. Thanks very much.
1:10.1	First of all, tell us a little bit about your career and how you came to write this book.
1:14.7	Yeah, it's an unusual background for an economist, perhaps.
1:19.6	I started my career in the US military in the Navy.
1:24.0	My first job out of college, I like to say, was the Gulf War.
1:27.9	If you remember that a long time ago.
1:30.6	So just traveled around the world, saw conflict, saw coercion, saw violence, came back to the
	...

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