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On corruption and economic growth

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Tyler Cowen’s and Alex Tabarrok’s Marginal Revolution University has a new lesson series posted on Corruption (the link is to the first lesson, Corruption and Growth). From my email notification of these lessons:

This week’s MRUniversity lessons cover one of the biggest inhibitors of growth in developing countries: corruption. Not only does corruption impose a social cost to society, but also a significant economic cost. Justice and individual rights are essential for a country’s development.

In these videos, we will cover:

  • The ways corruption damages economic growth
  • How much corruption costs the people who have to pay
  • Why rent-seeking is bad for the economy
  • Measurements of corruption
  • Why countries with 40 years of uninterrupted democracy seem to have lower instances of corruption
  • Are women less corrupt than men?
  • The worst countries when it comes to racking up diplomatic parking tickets (and why)
  • And finally, how to fight corruption

I may not get the chance to go through all this, but wanted to pass it along since it has been a topic here on CT Applied lately.

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