Using The Private Sector To Deter Crime

Since 1965, the share of gross domestic product (GDP) devoted to the U.S. criminal justice system has more than doubled. Yet the amount of crime reported to the police is near an all-time high and the amount of violent crime reported is at an all-time high. Perhaps it is time to consider turning more of the criminal justice burden over to the more efficient, innovative private sector, which already plays an important part in the system.