“In Louisiana, you’ve got all these prison entrepreneurs who are mostly local sheriffs who have built these prisons, and the prisons function just like hotels. They get a payment per person per day, and if they don’t keep the beds full they’re going to lose money,” says reporter Cindy Chang. More
“Something like happiness, it sound frivolous, but it’s not frivolous. The purpose of society is to create a better quality of life for all the people. It’s not to create the highest amount of aggregate wealth,” says international business consultant and author David Rothkopf. More
A community of entrepreneurial Cistercian monks in rural Wisconsin balance a life of prayer and work, charity and contemplation. They also run a multi-million-dollar ink-and-toner business.
David Miller had a career in corporate finance. Now he teaches business ethics at Princeton University. What does he say about the moral issues raised by the AIG bonuses, the financial crisis, and the way we reward the very wealthy?
The recent economic debacle should cause us to reread, or perhaps read for the first time, the Christian theological tradition and how it inextricably relates economic exchange to morality (our quest for the good) and to God.
We explore the ethical issues underlying the financial meltdown with Rebecca Blank, an economist, a senior fellow at the Brookings Institution, and co-author of the book "Is the Market Moral?"