Dr. Nerissa Brown of the University of Illinois at Urbana-Champaign Gies College of Business analyzes the effects of political corruption on firm value. She and her colleagues found that in districts with high level of corruption, the value of firms in those areas declined by 4%.
A largely unasked question is becoming glaring: Is Illinois doing all it should to use artificial intelligence to make government cost less and work better? So far, the evidence says no.