Abstract
The neo-institutional conceptual models that have already become widely known among domestic economists—the theory of social choice and the theory of property rights—study the influence of legal norms on the development of legal and official business. In contrast to them, the economic theory of crime and punishment studies the economic "underground"—the world outside the "social compact," the world where criminals and the guardians of order battling them operate. This theory is virtually unknown in Russia, even though this area of academic inquiry is much more topical for our country than for the developed countries of the West, where the neo-institutional theory of criminal and law enforcement activity—one of the most original outcomes of "economic imperialism"—was born.
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