Well this is certainly one axis along which they vary. There's a line between "is it OK to start a start-up with your dorm-mate?" and "is it OK to spend 5% of

Well this is certainly one axis along which they vary. There's a line between "is it OK to start a start-up with your dorm-mate?" and "is it OK to spend 5% of the nation's budget buying submarines through your brother-in-law's banana company?" You have information about your dorm-mate, and you aren't acting on behalf of others. But if the same norms applied to CEOs and judges, we could not have our civilisation.