In a short, sharp, and effective article, Max Fisher explored the state of corruption in Italy:

• Italy’s government loses €60 billion every year due to corruption.
• If Italy’s corruption were a separate country, it would be the 76^th largest economy in the world.
• Italy also loses $340 billion due to a culture of tax evasion every year. This is equivalent to all of Austria’s GDP.

Read the rest of the numbers here.

Source: Washington Post

Via: Marginal Revolution