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Posts Tagged ‘Nigeria’

Supply and Demand, Nigerian Style

Every thug in Nigeria needed a machete to help ensure that the general elections in the country were conducted “properly.” Take a guess what happened to the price of machetes after the election, according to Reuters. To be honest, though, I have a hard time believing this is true for the same reason that gun control laws don’t work. Machetes, . . .



Parking Tickets and Corruption, Take Two

Last year we blogged about the fascinating study written by economists Ray Fisman and Ted Miguel analyzing the patterns of parking violations among diplomats to the United Nations in New York. They find that diplomats from high corruption countries have more unpaid parking tickets, as do diplomats from countries that are more anti-American. Armed with that information, try to guess . . .