World Economics - Insight , Analysis and Data
World Economics Journal
Crime & corruption
Economic indicators and forecasting
Gross Domestic Product (GDP)
Savings and debt
Exchange Rate Policy
Labour Market Reform
Law and Justice
Food and Agriculture
Media, Sport and Entertainment
Retail and Consumer Goods
World Economics Journal Archive
Browse the complete World Economics Journal archive.
World Economics Authors
Biographies and contact details for all authors.
Full list of executive editors and our advisory board
Submit an Article
Details and notes for authors regarding journal submissions.
Journal Subscription Information
Subscribe to the journal online.
About World Economics
History and information about the site.
Useful numbers and contact details.
Terms & Conditions
An Economic Analysis of the Mafia
World Economics, June 2003
This paper reviews the current economic thinking on the Mafia phenomenon. It distinguishes the Mafia from ordinary criminal gangs by the desire of the former for the exclusive right to commit criminal acts. The existence of the Mafia in particular locations at particular times is explained by the abdication of power or by the state’s unwitting creation of illegal markets. The Mafia’s involvement in the supply of illicit goods is due to its ability to prey on common criminals, while its involvement in the supply of legal goods is in order to police anti-competitive agreements amongst businessmen. Contrary to common belief, there may even be instances in which the Mafia promotes public welfare. More research is required to explain the continuing popularity of the Mafia and to identify the social costs that make it worthwhile tackling the Mafia.
The EMU Versus the EPU
Juan Carlos Martinez Oliva
World Economics, June 2013
The Diseconomies of Terrorism
Peter J. Phillips
World Economics, December 2011
Brian Sturgess on Steven D. Levitt & Stephen J. Dubner: Superfreakonomics
World Economics, September 2010
Keep updated with:
Posts from Facebook
Tweets from Twitter
Groups on LinkedIn
Alerts from RSS feed
Copyright World Economics Ltd. 2017