Glaeser, Edward L.; Goldin, Claudia - National Bureau of Economic Research - 2004
developing nation today. We construct a "corruption and fraud index" using word counts from a large number of newspapers for 1815 … the "corruption and fraud index" is about five times its level from the end of the Progressive Era to the 1970s. If the … was checkered with political scandal and widespread corruption that would not seem unusual compared with the most corrupt …