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Showing posts from January, 2011

Killing the Corruption

Recent flood of corruption events ( here , here , and here ) in India have rocked the country hard, and the issue has become a big talk of the town. The media is full of anti-corruption campaigns /news. Bollywood has also focused on this issue many a times with movies like 'Nayak' etc. Even before these events came into day light, corruption was an issue of major concern for most of the Indians. Majority of them - mostly youngsters - think that corruption is one of the major roadblocks in the path of India's progress, and they of course are right. Corruption is a big opportunity cost imposed by the government on the economy. Despite all these brouhaha, so far the thinking about the issue of corruption remains muddled; no one is asking the right question, and no one knows the true solution of this problem. In this short missive I will analyze the causes of corruption and will discuss the solution of this problem. What is corruption? Before we logically analyze the problem