Audio Mises Wire

When Honesty Is Disincentivized, Don’t Be Surprised That Trickery Abounds

Audio Mises Wire
Lipton Matthews

Economists often deplore the corruption in developing countries, but when institutions are corrupt, don’t expect people to have the incentive to be honest.

Original Article: “When Honesty Is Disincentivized, Don’t Be Surprised That Trickery Abounds”

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