Thursday, July 27, 2017

Global Corruption and the Role of Government

Richard Ebeling emails:

Dear Bob,

I have a new article on the website of the Future of Freedom Foundation on, “Global Corruption and the Role of Government.”

Political corruption has been around for all of recorded history; indeed, it was a matter of concern and punishment, for instance, in ancient Rome. It pervades every country in the world today. The Berlin-based non-profit, Transparency International, surveys various forms and types of political and related corruption everywhere around the global. And its 2016 report demonstrates that it is a worsening problem, everywhere; and in some places around the world it envelopes the livings of almost all those merely attempting to go about the ordinary affairs of daily life.

The question is, why? Also every year, the Heritage Foundation sponsors the publication of the Index of Economic Freedom. Over 180 countries around the world are ranked in terms of a set of criteria of how free the economies of these nations are, in terms of regulation, fiscal burden, monetary stability, and a variety of other measures.

When these two indices – of political corruption and degrees of economic freedom – are juxtaposed, what stands out clearly and inescapably is that the greater the government regulation, control and manipulation of the economic affairs within a nation, the greater the degree of likely and pervasive political corruption, including bribery, within that society.

Only by reducing the size, scope and regulatory, interventionist and economic planning presence of the government can political corruption and abuse be removed from everyday life.


1 comment:

  1. There's no lying allowed with contracts. So, statists, what's the problem with contracts?