Prison for the Poor

The video discusses the economic consequences of incarceration, focusing on inequality and labor markets. It highlights the rise in U.S. incarceration rates from 1970 to 2010 and examines local labor market inequality. The research considers stratification economics, crime rates, and racial dynamics. It also explores inequality and poverty measures, such as the Gini coefficient, and their impact on incarceration. The video concludes with policy implications and the importance of integrating different economic perspectives.

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