Friday, February 2, 2007

Thursday, February 1, 2007

Corruption Travels

A striking fact from a new study:
There is a strong correlation between illegal parking [of foreign diplomats in the United States] and existing measures of home country corruption. Even when stationed thousands of miles away, diplomats behave in a manner highly reminiscent of officials in the home country.
Source: Raymond Fisman and Edward Miguel.

Goolsbee on the Penny

Austan Goolsbee gives us his two cents on the penny. Here are my two cents.