More Guns Don’t Mean Less Crime

A new analysis of the impact of right to carry (RTC) laws by Stanford University’s Abhay Aneja and John Donohue and Johns Hopkins University’s Alexandria Zhang debunks the “more guns, less crime” thesis.

“On the contrary, the evidence suggests that the effects of RTC laws on crime are positive, meaning that adopting RTC laws appears to result in crime increases. This effect is strongest and most consistent for aggravated assault.”

“Different models yield different estimated effects: while no model shows that RTC laws decrease crime, the impact of RTC laws varies from model to model. In some models, RTC laws are associated with substantial and statistically significant crime increases across multiple crime categories. In others, the extent of the crime increase is more modest, or observable only in one crime category. In other words, the results are not robust to model specification.”

Read previous post:
Wage Growth is the Next Phase of Recovery

Justin Wolfers writes that he feels "optimistic" about slow wage growth. "Realize that the concern about the well-being of workers...