WHY CORRUPTION MATTERS: QUOTE OF THE DAY, PART 3

The entire quote is from Paul Krugman of The New York Times:


Why corruption matters. Hint: It’s not the money, it’s the incentives.


When money corrupts the decision-makers, the decisions they make may ultimately have nothing to do with right, wrong, public interest or anything but how the decision affects a business interest or a pay-day.

Vermin Supreme poster

If everything is about money, the moral and ethical elements that would normally be part of the decision-making process disappear.

You might want to read the article “Why Corruption Matters” by Paul Krugman. Click this link.   And please check out Sue Vincent who started this rolling at THREE DAYS, THREE QUOTES.

9 thoughts on “WHY CORRUPTION MATTERS: QUOTE OF THE DAY, PART 3

  1. I’m feeling nostalgic. Thinking of an old “acquaintance” — a Beacon Hill lobbyist who was indicted and convicted on corruption and bribery charges. He was a nice fella who maintained “You gotta grease a few guys”.

    Like

  2. I think that Krugman has a very good point. We are having a serious issue, in Canada – money for access to our Prime Minister and to our Premiere. The bad decisions that are being made because of this influence peddling is having a resounding affect on a large number of people.
    Leslie

    Like

Talk to me!

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s