Russ writes on ‘market’ for morality and trust

Business Administration Prof. Meir Russ published another short essay recently at “Leonardo,” an online salon managed by the non-profit International Center for Foreign Relations. His topic is “Do We Need a Market and a Coin for Morality and Trust?” He suggests that financial regulation in the Enron/Madoff era needs a new mechanism to deliver value (coin) to those who act responsibly. Neither self-policing nor government regulation appear to be sufficient in today’s environment. Read the essay.