CRIME AS HAZARD: PERCEPTIONS OF RISK AND SERIOUSNESS*

The study of crime suffers from an inattention to the social consequences of criminal acts. Conceiving crimes within the larger context of “hazard,” data are reported on the relative seriousness of conventional and white-collar crimes, as well as other hazards, using a sample of Washington state respondents. The results indicate that there is an inverse relationship between the perceived likelihood of a hazard and its seriousness. Generally, the more immediate the threat of a hazard, such as white-collar crimes, the more serious it is perceived to be. There are also implications from these consequences for perceptions of institutional effectiveness and interpersonal relationships. This suggests that future studies of the consequences of criminality, especially white-collar and corporate violations, might be directed toward the notions of risk and, eventually, social trust.     

Book Reviews

Book reviewed in this article: The Southern Political Tradition by Michael Perman. Baton Rouge Georgia Democrats, the Civil Rights Movement, and the Shaping of the New South by Tim S.R. Boyd.     

FACTORS INFLUENCING GUN CARRYING AMONG YOUNG URBAN MALES OVER THE ADOLESCENT‐YOUNG ADULT LIFE COURSE*

This paper uses data from an ongoing panel study of urban youth to examine the causes and correlates of hidden gun carrying among young urban males. The analysis assesses the changing impact of gang membership, drug sales, and peer gun ownership for protection on gun carrying at nine separate points over the early adolescent to young adult life course. In early adolescence, gang membership is a strong motivation for gun carrying. At somewhat older ages, drug dealing, particularly high drug sales, and illegal peer gun ownership replace gang membership as the primary determinants of illegal gun carrying.     

Budget Deficits in the States: Virginia

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Japan's Lessons for China

The United States accuses China of subsidizing its entire export economy through artificially undervaluing its currency. China accuses the United States of fiscal profligacy while flooding the world with easy credit to keep its economy afloat. This dispute reflects the reality that the world's two largest economies are built on opposite dynamics of production and savings vs. consumerism and debt. In Europe, the wages of unsustainable debt that financed the welfare state have also come due. Rebalancing the global economy in this context is not only a matter of fixing exchange or interest rates and extending the retirement age. It must also involve a recalibration of democracy in both East and West. Two Nobel economists, the Greek prime minister, a ranking Chinese economist and the former chief economist of the IMF address these issues.