Corruption: Is It Worse in Free or Government-Regulated Markets? [new The Good Life column]
The opening of my latest column at EveryJoe: “Bad things happen in free markets. Some people lie, cut corners, commit fraud, and write bad checks. Others renege on contracts, offer or accept bribes, give kickbacks, embezzle, and more. “Often this translates into an argument for government regulation. Free markets maximize liberty, the argument runs, so they […]
