From Chicago Tribune News Paper March 3, 2009 ,
The social costs of gun violence in Chicago
total about $2.5 billion each year, according to a report released Tuesday by an academic group formed to research effective ways to reduce violent crime.
“Gun Violence among School-Age Youth in Chicago,” the first report from the University of Chicago Crime Lab, used interviews, focus groups, police data and social research to characterize factors underlying Chicago‘s escalating murder rate.
Expanding upon previous research that every crime-related gunshot wound causes around $1 million in social costs, the report’s four authors calculated the annual cost of gun violence at $2.5 billion, or $2,500 per Chicago