Postal bribery scandal: Selling out for cheap.

Bribery Is the Best Investment!

A blog about business and economics.
May 17 2013 2:51 PM

The Real Scandal Is the Low Price of Bribes

Postal Service worker Bill Moody loads packages onto a truck in downtown Boston.

Photo by Darren McCollester/Newsmakers

"A former U.S. Postal Service official has been sentenced to 18 months in prison for accepting at least $40,000 in bribes to help a Maryland company receive $6 million in contracts," according to the AP.

Unacceptable conduct, obviously, but in many ways the real scandal here seems to be the low price of the bribe. A talent agent takes 10 percent, even 15 percent of his services are consolidated with those of a contract lawyer. But this guy doesn't have a 10 percent broker's fee, he's got a measley 0.667 percent commission.

Matthew Yglesias is the executive editor of Vox and author of The Rent Is Too Damn High.

  Slate Plus
Plus Roundups
March 5 2015 11:29 AM What We Like Right Now Our favorite picks for the week of March 2, curated by Slate writers and editors.
  Health & Science
Medical Examiner
March 6 2015 8:08 AM The Man Who Discovered Thiamin Today, we take vitamin B1 for granted. But it took a horrible, wasting disease—and lots and lots of chickens—for scientists to discover it.