Friday, April 15, 2011

Battling Corruption

If you have government, you'll have opportunities for corruption. One way to fight this is to have more stringent laws. Anna Hazare & gang have taken this route. And they seem to have got a lot of mileage as well. But this route is fraught with dangers. Laws always lead to unintended consequences, which could easily open up new opportunities to play the system.

Another option is to have lesser government. Smaller government. Reduce the role of government in everyday life. And leave it to the market to fill in. This reduces opportunities for corruption.

We can have both tougher laws and smaller govt. But if just one, I'd prefer the latter.

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