Tuesday, February 17, 2009

A chance to crack down on Africa's loot-seeking elites


Paul Collier

The Guardian,

In an ideal world the criminals would run fish-and-chip shops, where they could do no harm, and the honest would run the banks. But the market will allocate people in precisely the opposite way: the criminals will move heaven and earth to get into the banks, while the honest will not mind much which job they take. That is why vigilant public scrutiny is essential to prevent looting.

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