It is the failure of basic economics education in India that makes it suffer so badly. Most Indians believe that there is something wrong with the fundamental Indian character. They are wrong. The Indian is no more nor any less susceptible to opportunism as any other human being in this world. […]
Category: Corrupt India
Do not extend definition of corruption into private interactions
It is crucial that the definition of corruption be always understood to be this: the act of influencing, through economic incentives, a government decision. That's what it has meant throughout history, and the reason why we care about such economic incentives is because is prevents the rule of law – […]