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News & Politics

The Freedom Report is a podcast that reports on news from a perspective of economic freedom and personal liberty.

February 15, 2014

Private Prisons: Is Justice Best Served For Profit? (Podcast)

Should prisons run on a profit incentive? Won't that mean that corporations will want more people to be in jail? How do we reconcile a belief in the free market with the principles that lead to less crime? How do we administer justice in a way that provides for the common good? And if we lived in a stateless society, could I lock up someone in my basement if they stole my property? 

Assistant Professor of Economics at Loyola University in New Orleans Dan D'Amico joins the Freedom Report to discuss the criminal justice system. D'Amico studies justice systems and he stopped by the media room at the International Students for Liberty conference in Washington D.C. to discuss. 

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