Cheating Quote by Julian Sanchez
“[There is a] strong correlation between market freedom and lower government corruption -- not terribly surprising, since the effect of increasing regulatory power is to shift 'cheating' from the private to the public sphere.”
About This Quote
Source Paper: “The Political Economy of Regulation” by Julian Sanchez, 2015
Greater market freedom tends to reduce corruption because regulation often moves dishonest behavior from businesses to officials.
In simple terms: Free markets lower corruption by limiting regulatory power.
Promote market openness to curb corruption.
Themes
Mood
Type
When to use this quote
- policy reform
- business compliance
- anti‑corruption initiatives
Key Concepts
Questions to Reflect On
- How does deregulation affect vulnerable populations?
- Can transparency replace regulation?
Regulation can still be captured by powerful interests, limiting its anti‑corruption effect.