Corruption

Bribery, Cooperation, and the Evolution of Prosocial Institutions

How the science of cooperation and cultural evolution will give us new tools in combating corruption.     There is nothing natural((Putting aside what it means for...

Eliot Spitzer: The U.S. Never Had the Will and the Ability to Hold the Most Powerful to Account

In a special interview with ProMarket, former New York governor Eliot Spitzer talks about financial regulation, regulatory capture, and antitrust. Part 1 of 2.   Clear rules and...

How Biology Explains Back-Scratching Between Wall Street and Government

The revolving door of government and business explained in the lab. The systemic financial risk-taking in the lead-up to the financial crisis was a product...

How Market Power Leads to Corporate Political Influence

Neoclassical economic theory assumes that firms have no power to influence the rules of the game. A new paper by Luigi Zingales argues: This is...

Spoiled Meat Scandal Reveals the Influence of Business and Media on Brazil's Politics

The recently-released secret taping of a conversation between Brazil’s president Michel Temer and one of the country's most prominent businessmen reveals the extent to which big business...

Does Whistleblowing Work?

Whistleblower reward laws work, and they work remarkably well. Congress, the executive branch of government, and the business community should enact, support, and nurture strong...

Experts: Financial Rewards and Protections Are the Best Way to Incentivize Whistleblowers

Stephen Kohn, executive director of the National Whistleblower Center: “If your white-collar crime detection program is based on nice people having high moral values,...

Nobel Laureates: Eliminating Rent Seeking and Tougher Antitrust Enforcement Are Critical to Reducing Inequality

Angus Deaton: "A lot of the inequality in the U.S. comes from rent seeking. It comes from firms and industry seeking special protection or...

Can Corruption Explain the Success of Donald Trump?

“Identity politics” perceived as favoritism may be the explanation for why Trump’s strategy of accusing the political elite and Hillary Clinton of corruption paid...

Is China Succeeding in the War Against Corruption? Q&A with Bernard Yeung

In the past four years, China has been waging the biggest anticorruption campaign in its modern history. Is it working?  In the past four years, the...

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