Corruption and Reform: Lessons from America's Economic History (National Bureau of Economic Research Conference Report)

Corruption and Reform: Lessons from America's Economic History (National Bureau of Economic Research Conference Report)


Despite fresh company scandals, the U.S. is one of the world’s least corrupt countries. yet within the 19th century, the measure of fraud and corruption in the US approached that of today’s so much corrupt constructing international locations, as municipal governments and robber barons alike came across new how you can scouse borrow from taxpayers and swindle traders. In Corruption and Reform, members discover this shadowy interval of usa heritage looking for greater how to struggle corruption world wide today.

Contributors to this quantity deal with the size and outcomes of fraud and corruption and the forces that finally resulted in their decline in the usa. They convey that a number of ways to lowering corruption have met with luck, reminiscent of deregulation, really “free banking,” within the 1830s. within the Thirties, corruption used to be saved in cost whilst new federal bureaucracies changed neighborhood administrations in allotting relief.  one other deterrent to corruption used to be the self reliant press, which stored a watchful eye over executive and enterprise. those and different aspects of yankee historical past analyzed in this volume make it crucial as history for someone drawn to corruption today.

Show sample text content

Download sample