Monday, April 04, 2011

Legalize Giving Bribes

In many parts of the world, political machines still wield huge political influence through a system of underground deals. Here's one solution, legalize it:
In theory, once a demand for a bribe has been satisfied—and the service received, one presumes—the bribe giver may be interested in cooperating in getting the bribe taker caught, knowing that he or she will not face any punishment. That possibility could deter the bribe taker from taking a bribe in the first place. Right now, the interests of both converge, since both payer and taker face punishment if caught, and so the payer has a reduced interest in uncovering bribery.
To see just how bad the situation is, check out

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