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2015 | OriginalPaper | Chapter
Failing Economics
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How do rackets evolve? What structural forces compel them to expand or contract over time? Conventional researchers in the field of economics rarely ask these kinds of questions. The evolutionary origins of racketeering are not problematized in the field. While some economists have engaged in extensive study of informal economies and criminal markets, the perspective of these works is typically cross-sectional rather than longitudinal, meaning these researchers study observable processes in the contemporary era rather than exploring longitudinal patterns over time. Overall, studies of criminal economic activity occupy a narrow niche in the field as a whole (1).