d_viant on Nostr: California's decision to decriminalize shoplifting under $1,000 means stores have to ...
California's decision to decriminalize shoplifting under $1,000 means stores have to enforce their own security. People will get upset with the store, but not understand it's because the authorities aren't doing their jobs.
I can't remember where I saw the article, but it talked about the dynamic of shopliftings effect on low-income areas. What they found is stores had to raise prices to recoup losses from theft, which has a negative feedback loop. Which is why stores in high-income areas will sometimes have better prices on goods.
Picture from @WallStreetSilv
I can't remember where I saw the article, but it talked about the dynamic of shopliftings effect on low-income areas. What they found is stores had to raise prices to recoup losses from theft, which has a negative feedback loop. Which is why stores in high-income areas will sometimes have better prices on goods.
Picture from @WallStreetSilv