Data Mining Reveals a Global Link Between Corruption and Wealth

Social scientists have never understood why some countries are more corrupt than others. But the first study that links corruption with wealth could help change that.

Source: www.technologyreview.com

The question then becomes whether wealth, or the lack thereof, is a cause of corruption or wealth is caused by a lack of corruption.  It makes sense in my mind that a lack of corruption leads to increased potential to make wealth because the appropriate use of resources (ie, using resources for their stated purposes) and the honesty that underlies that point could, in my view, make for more wealth than the dishonest methods and inappropriate usage of public funds would.  We could hypothetically run simulations to test which one is the case, similar to the Sugarscape experiments.  On the other hand, a lack of resources may incentivize those who don’t have much to take more from the public resources and use them for private uses (ie, what I call the Jean Valjean effect).  More experimentation should be done to tease this out.  Perhaps by knowing what they’re giving up by having corruption, the officials will be more circumspect about how they live off and take from the public till.

See on Scoop.itIt Comes Undone-Think About It

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