@article{9f99056a27be4c1187f8096fd601890a,
title = "An anatomy of corruption",
author = "David Schmidtz",
note = "Funding Information: Schmidtz David 1 David Schmidtz is Editor in Chief of Social Philosophy and Policy. 1 Philosophy, University of Arizona * These remarks adapt, revise, and condense David Schmidtz, “Corruption,” Performance and Progress, ed. Subramanian Rangan (Oxford: Oxford University Press, 2015): 49–64. Work on this essay was supported by a grant from the John Templeton Foundation. The opinions expressed here are mine and do not necessarily reflect the views of the Templeton Foundation. I{\textquoteright}m also grateful for support from the McDonough School of Business at Georgetown University, and the Department of Political Economy at King{\textquoteright}s College London, and the Political Economy program at George Mason University{\textquoteright}s Mercatus Center. And I thank Elizabeth Anderson, Kenneth Arrow, Robert Frank, Philip Pettit, and Amartya Sen for helpful comments. Finally, I thank Subi Rangan, Ebba Hansmeyer, and the Society for Progress for inviting me to speak on this topic at the Royal Society of London and for inspiring me to take up this topic in the first place. 09 05 2019 Winter 2018 35 2 1 11 Copyright {\textcopyright} Social Philosophy and Policy Foundation 2019 2019 Social Philosophy and Policy Foundation Which social arrangements have a history of fostering progress and prosperity? One quick answer, falsely attributed to Adam Smith, holds that we are guided as if by an invisible hand to do what builds the wealth of nations. A more sober answer, closer to what Smith said and believed, is that if the right framework of rules—plus decent officiating—steers us away from buying and selling monopoly privilege and steers us toward being valuable to the people around us, we indeed will be part of the engine that drives human progress and the wealth of nations. pdf S0265052519000062a.pdf ",
year = "2018",
doi = "10.1017/S0265052519000062",
language = "English (US)",
volume = "35",
pages = "1--11",
journal = "Social Philosophy and Policy",
issn = "0265-0525",
publisher = "Cambridge University Press",
number = "2",
}