"When you can measure what you are speaking about, and express it in numbers, you know something about it; but when you cannot express it in numbers, your knowledge is of a meagre and unsatisfactory kind; it may be the beginning of knowledge, but you have scarcely, in your thoughts, advanced to the stage of science, whatever the matter may be."
Lord Kelvin

Anatomy of grand corruption: a composite corruption risk index based on objective data

Presentation at the Hungarian Society of Economists 7th Annual Conference, Budapest, Hungary, 20. December 2013.

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