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by khafra 3 days ago
> fear of pick pocketing may reduce the degree to which people carry around and spend money with vendors.

Yes, that's why I specified an unattended wallet. I agree that direct monetary loss is not the total harm to the victim.

> corruption has a low rapacity index, since the state has a lot of money compared to the amount of the transaction.

That's not the calculation I suggested. Corruption isn't always the same as theft--and, if it were decided so, the calculation for corruption would be the money absconded with by the taker, divided by the money lost by the victim. In many cases of corruption, as in power line theft, the victim is diffuse; it's usually harder to calculate exact numbers, but this kind of calculation is done in court all the time.