S8 Ep43: Strategic cops and robbers

S8 Ep43: Strategic cops and robbers

How do criminals choose the weapons they carry, the number of accomplices, the types of business they target? Economists have long argued that decisions to commit economic crimes are strategic, based on a calculation of risk and reward.

The Italian justice system changes the punishment for a crime depending on how it is committed, and so a new analysis of thieves and their crimes, based on data from Milan, tests whether this is really the case.

Giovanni Mastrobuoni of the University of Turin, Collegio Carlo Alberto and CEPR is one of the authors of this research. He talks to Tim Phillips about the economics of crime, the problems of collecting data about illegal acts, and Turin’s most famous gold heist.

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Episoder(475)

S9 Ep48: What price to save Japan's ghost towns?

S9 Ep48: What price to save Japan's ghost towns?

In the oldest Japanese municipalities, close to half the residents are already over 65. As young people move to cities, the retailers close, then the clinics, then the bus that used to reach the next ...

14 Aug 18min

S9 Ep47: The Next Generation: PSE 2026

S9 Ep47: The Next Generation: PSE 2026

Travel broadens the mind. So the Voxtalks visits a conference, we find the most interesting research from economists just starting out, and hand three of them a microphone. Ad that is today's episode,...

7 Aug 33min

S9 Ep46: Absorbing shocks since 1891

S9 Ep46: Absorbing shocks since 1891

Recorded at the PSE-CEPR Policy Forum 2026.A country wants a stable exchange rate, it wants money to move freely across its borders, and it wants to set its own interest rates. It's a well-known trile...

5 Aug 20min

S9 Ep45: Tariff Confusion

S9 Ep45: Tariff Confusion

If you run a business that exports to the United States, how big is the tariff you have to pay? In 2025 that question was hard to answer. Between February and December, 53 separate announcements intro...

31 Jul 31min

S9 Ep44: How superpowers shape trade

S9 Ep44: How superpowers shape trade

Recorded at the PSE-CEPR Policy Forum, Paris School of Economics.Tariffs move trade around, but so does economic power. When one economy dominates, other countries fall into step with it. They trade w...

29 Jul 15min

S9 Ep43: Navigating industrial policy

S9 Ep43: Navigating industrial policy

Recorded at the PSE-CEPR Policy Forum, Paris.In 2019 the IMF called the increasing adoption of industrial policy: "The return of the policy that shall not be named". No one is scared to name it in 202...

24 Jul 21min

S9 Ep42: The Safety Paradox

S9 Ep42: The Safety Paradox

Recorded at the PSE-CEPR Policy Forum, Paris School of Economics, June 2026.In 1941 the United States banned oil exports to Japan, to punish aggression without fighting a war. Historians now argue the...

22 Jul 20min

S9 Ep41: Making teenagers read newspapers

S9 Ep41: Making teenagers read newspapers

French teenagers carry a smartphone with access to almost anything, but few of them have been using it to read the news.Julia Cagé (Sciences Po, CEPR) ran an experiment to test the one barrier everyon...

17 Jul 20min

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