Abstract
This paper examines “restorative justice,” a new approach to the problem of juvenile crime, from an economic point of view. Advocates assert that the personal, social, and economic harms inflicted by many juvenile crimes are more adequately repaired through mediated face-to-face conferences between victims and offenders than through the conventional disposition of juvenile cases. Parallels between this conception and key elements of the “economic model of crime” are reviewed, followed by an application of the concept of social capital to this process. We conclude with a brief review of early empirical evidence suggestive of the promise of this new approach.
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