Manhattan SkylineThe New York Times reports this morning on the concern among New Yorkers about whether crime will return to the city ‘with a vengeance’ as the economy continues to falter. The Times contends, “Expert opinions differ, but the question is hardly illogical. The last time stocks on Wall Street fell hard, in 1987, crime was exploding, and the city saw historic highs in murders in the following years.”

And the Times calls in a sociologist…

“Every recession since the late ’50s has been associated with an increase in crime and, in particular, property crime and robbery, which would be most responsive to changes in economic conditions,” said Richard Rosenfeld, a sociologist at the University of Missouri-St. Louis. Typically, he said, “there is a year lag between the economic change and crime rates.”

The Times adds…

New York, of course, has over the last 15 years seen an extraordinary drop in crime, from the most serious to the mildly irritating. But across all those years, economists and sociologists have debated how much of the success was attributable to new trends in policing and how much to other factors, including a robust economy.

Read the full story.