The Economics of Trust

The 2008 Shift Report: Changing the Story of Our Future, published by the Institute of Noetic Sciences, describes research in the emerging field of neuroeconomics related to the economics of trust. In his essay, “The Neuroeconomics of Trust,” Claremont Graduate University professor of economics Paul Zak, outlines new research showing that, on average, we are … Continue reading

1933 Business Credo

The following is the text of a Business Credo, published by Christian Businessman in 1933. This business creed is as relevant today as it was 75 years ago: I believe in business as a means whereby each member of society may render helpful service to others. I believe that if any conflict arises between human … Continue reading

Ethical courage

In my last post, I talked about the results of the 2007 National Business Ethics Survey (NBES), which reported that, based on interviews with almost 2,000 employees at U.S. public and private companies, disturbing numbers of workers are witnessing ethical misconduct at work, and tending not to report what they see. The NBES news release … Continue reading