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Bailouts, Corporate Jets, and Moral Outrage

Last year I saw a talk by economist Robert Frank, on “Moral Outrage.” His overarching theme was that moral outrage is a useful thing, and that we therefore ought not to squander it by aiming it at...

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Should Trapped Miners Be Paid?

Most people don’t expect to be paid when they’re not doing work. Sure, most people get paid during coffee breaks, and lucky folks get paid vacations. And some people get paid sick days. But what about...

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Conflict of Interest at the Business/Politics Interface

People tend not to trust big business. And they tend not to trust the world of politics. But when those two worlds intersect, people really get nervous. Witness, for example, this story by Eric Lipton,...

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How Can Business ‘Give Back’ to Society?

A recent story quotes Fred Green, the CEO of the Canadian Pacific Railway, as saying that he won’t sacrifice safety in pursuit of profits. In his words, he won’t violate the terms of his company’s...

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The True Cost of Conflict of Interest

What does conflict of interest cost? It was recently reported that certain employees of the Chicago Public Schools food services department were going to be required to undergo ethics training, after...

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Ethics Lessons from Toronto Mayor’s Ouster from Office

Toronto Mayor Rob Ford has been found guilty of violating the Municipal Conflict of Interest Act, and will be removed from office. The much-anticipated court decision was handed down this morning....

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