Wednesday, February 3, 2010

Hell hath no fury like a bureaucrat scorned

Milton Friedman

A ZERO-SUM game is one in which the gains of one player are exactly balanced by the losses of another. In India a local non-governmental organisation has invented a new sort of zero sum which, it hopes, will leave everyone better off: the zero-rupee note.

What on earth is the point of that? The note is not legal tender. It is simply a piece of paper the colour of a 50-rupee note with a picture of Gandhi on it and a value of nothing. Its aim is to shame corrupt officials into not demanding bribes.

The idea was dreamt up by an expatriate Indian physics professor from the University of Maryland who, travelling back home, found himself harassed by endless extortion demands. He gave the notes to the importuning officials as a polite way of saying no. Vijay Anand, president of an NGO called 5th Pillar, thought it might work on a larger scale. He had 25,000 zero-rupee notes printed and publicised to mobilise opposition to corruption. They caught on: his charity has distributed 1m since 2007.

Click on the Rupee to read the story on the Economist

 Cowards die many times before their deaths; the valiant never taste of death but once

William Shakespeare

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You are not entitled to your opinion. You are entitled to your informed opinion. No one is entitled to be ignorant.

Harlan Ellison