Foucault has a very good discussion of what the theory of crime—modern economic theory of crime and punishment—has to say. I didn't have much to disagree with him. I think he was accurate on what it has to say. He goes also into a theory of formation of laws, which I had a lot of sympathy with as well.
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Gary Becker, in “Becker on Ewald on Foucault on Becker” (May 9, 2012)