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Reviewed by Gabriel Santos for Readers' Favorite
Companies are desperate for skilled workers, spending endless resources on recruiting and training talent. What’s more, the high turnover rates make these efforts look like pouring water into a sieve. Meanwhile, an entire segment of the population is desperate for a half-decent job, facing barriers ranging from poor conditions to straight-up legal bans. Nearly every family knows someone like this, but they remain invisible to the system. What sounds like the plot of a novel is the reality of the United States and its justice-impacted population, especially those formerly incarcerated. In Second Chance Economics, Nevin Shetty argues that reintegrating these people into the workforce, on top of addressing injustices and ethical concerns, is an excellent business and public policy strategy.
Historically, the United States’ justice system has leaned toward the punitive side of things. Rehabilitation has been a secondary concern. Nevin Shetty cuts through preconceived notions with data, economic theory, case studies, and bits of history and sociology. You’ll find lots of convincing evidence showing what the current criminal justice system costs society, how local initiatives and other countries offer better alternatives, the business benefits of hiring justice-impacted people, and much more. Second Chance Economics is a pragmatic work that speaks the language of metrics-driven decision-makers and should be compelling even for skeptics. That said, it never loses sight of the human element and the commitment to a just, safe, and prosperous society. While especially relevant to business leaders, government officials, and other stakeholders, the book is an insightful and eye-opening read that I recommend to anyone.
