[simplestats]

I agree it's not only deterrance (cops cared just as little when my gps was stolen in a good neighborhood versus in a bad one). You still need to ability to compare risk versus reward sanely. People I've known who couldn't hold a job always had emotional/mental issues. They hated authority so much they'd rather be unemployeed than have a boss telling them what to do. If they did have a job they'd sabotoge it one way or another.

If you did lose your livelihood I suspect you would fare better due to the same impulse control and ability to delay gratification that led you to be temporarily wealthy in the first place.