Ethics Classes Don’t Need to Make Students More Ethical To Be Worthwhile

Business Ethics is often criticized on the grounds that its inclusion in the business education curriculum has not improved the ethical performance of business. This critique is grounded in two false assumptions: (1) individual and institutional…

Regulation is especially needed in the finance industry

Two interesting recent articles, from left and right, argue that the finance industry is especially in need of restraint imposed by government regulation. From the left, Paul Krugman, "Why We Regulate."  Gilded age banks, with little…