Tag Archives: Débrouillard

Fastest growing economy: anarchy of System D

The numbers don’t lie, except they probably do since no one can really peg it down for certain. That’s because by its nature the underground economy is hidden from the government and prying eyes by everyone who no longer wants to fully comply with onerous laws that are often little more than a bureaucratic tax on the backs of entrepreneurs.

Robert Neuwirth writes at Foreign Policy:

Schneider suggests, however, that, in making his estimates, he has this covered. He screens out all money made through “illegal actions that fit the characteristics of classical crimes like burglary, robbery, drug dealing, etc.” This means that the big-time criminals are likely out of his statistics, though those gangsters who control the fruit market are likely in, as long as they’re not involved in anything more nefarious than running a price-fixing cartel. Also, he says, his statistics do not count “the informal household economy.” This means that if you’re putting buckles on belts in your home for a bit of extra cash from a company owned by your cousin, you’re in, but if you’re babysitting your cousin’s kids while she’s off putting buckles on belts at her factory, you’re out. see more…

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