Vivek Priyadarshi

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In India, many of the top tycoons command sprawling empires that often include at least one but often all four of the following businesses: a local hospital, a school, a hotel, and a local newspaper. One of India’s top newspaper publishers recently pointed out to me that this rule of four now often holds true even for local kingpins in relatively small towns. The reason is simple. Most people understand it is wrong to take cash bribes, but few in India see much of a problem in accepting gifts in kind, even one as valuable as free medical treatment for a family member, free schooling for a ...more
The Rise and Fall of Nations: Ten Rules of Change in the Post-Crisis World
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