"Although monetization studies are a niche area of research in criminology, the general public, media, and policy makers have a broad interest in the human and fiscal toll of crime. Professor Cohen is the unparalleled leader in monetization of crime research and The Costs of Crime and Justice, Second Edition is his masterwork." —Matt DeLisi, College of Liberal Arts and Sciences Dean’s Professor, Iowa State University; Editor-in-Chief, Journal of Criminal Justice"It is extremely important to estimate the monetary costs and benefits of programs that are intended to reduce crime, in order to decide which programs should be given priority. Mark Cohen's book is a masterly encyclopedic survey of knowledge about methods of measuring the monetary costs of crime. This book should be read by everyone who is interested in criminology and criminal justice." -- David P. Farrington, Emeritus Professor of Psychological Criminology, Cambridge University"Mark Cohen is a pioneer in applying modern economics to the measurement of the costs of crime. This book ties together decades of his work on this important topic. It is a must read for anyone wishing to seriously engage the challenges of measuring the cost of crime and punishment." -- Daniel S. Nagin, Teresa And H. John Heinz III University Professor of Public Policy and Statistics, Carnegie-Mellon University; co-editor, Criminology and Public Policy