true, they're definitely there just to a lesser degree. know corruption is negatively correlated with economic freedom. havent checked crime rates
I don't trust any reported rates. I'm talking about white collar crime and things like congresspeople using regulations to affect markets and take trades, regulatory capture, etc.
but even reported corruption (defined however but applied universally) is less in economically freer countries. I wouldn’t take the lack of a stat as proof freer have more corruption
"More" is your problematic word here. Are talking number of people? Raw dollar amount. $$ per capita? % of GDP? As usual, you can extract any Narrative you wish.
either way, a lack of a stat doesnt prove more or less (defined as raw dollars, per cap, or %GDP) the only stats we have (which is universally applied) show econ freedom = less corrupt
i mean sure, if you have different definitions for crimes (like insider trading by congress) the 'official numbers' wont report that. i agree that should be a crime too.
was talking about crime stats. insider trading was an example. meant if congress says insider trading is illegal they should also be bound by that. i'd rather insider trading be legal.
Insider trading is fine. I'm talking about funding color revolutions just to start a civil war and tank a currency that you shorted, starting wars to keep oil prices up, etc.
If you got a Narrative I got a statistic to prove it. I grew up i a town famous for gangsters(and still run by them) so I don't buy the "corruption and freedom don't mix" line of logic
Violence surrounds black market activities because the legal system no longer supports them. Alcohol industry isn’t violent today. Weed in CO isn’t violent.
As it is (like all other crony capitalism) laws meant to take down large players end up just targeting smaller players and reenforcing market dominance.
So, gov oversteps their bounds, outlaws thing people actually want, Capone supplies things. Without the laws Capone wouldn’t have been so strong as he’d have real competition.
Interesting hearing dogmas of capitalism come out of Alinsky's mouth right? "Community organizing" is nothing more than using useful idiots to pass laws to fatten your bank account.
i understand if you've got personal experience (hard to beat) but if you refuse to measure the world around you won't make sense of it and will end up guided by your feelings.
My point is that it's impossible to be objective with a wickedly complicated metric such as "crime rate". Are you familiar with p-hacking? https://en.wikipedia.org/wiki/Data_dredging
It is dogmatic to throw out all studies because they may have data dredging. It is prudent to carefully consider studies individually and look for any flaws in their methodology.
Furthermore, it's impossible to give proper weight to the impact of the actions of a few white collar criminals(think Ben Bernanke). e.g. How many died because of the 2008 crash?
I completely agree, but the data sets for what we're talking about here depend on corrupt judicial systems reporting data accurately. Then you have to consider what's legal and illegal
yes, p-hacking is an issue (esp with big data). The issue comes from fishing through all relations looking for statistically significant ones regardless of any potential causal basis.