How to Grease a Palm

Although not related directly to North Korea, The Economist has published a great article on the etiquette of bribery, which ties together low-level “rent-seeking” with big-dollar Washington lobbying.  Although the entire article is well worth reading, the excert below is the one I wanted to post for readers of NKeconWatch: Jakob Svensson, an economist at Stockholm University, … Continue reading How to Grease a Palm