The global downturn that followed the collapse of Lehman Brothers in 2008 has now lasted for more than five years and the world as a whole is far from normal employment or economic activity. Even the United States, which has seen a healthier recovery than much of Europe, is still struggling with high unemployment and…

When evaluating investment opportunities...

The other day, my 10 year-old son asked me how much it costs to be ethical.  Not really a surprising question for the son of an ethics professor, but one that has no easy answer. So, how can we measure the impact of doing the right thing? Contributing to the welfare of others and your…

When our department head asked us to collaborate on this blog, I wondered what perspective and direction I would take. The easiest path would certainly have been moral sensationalism: identifying some exceptional case of shady business practices and starting a more or less circumstantial discussion about the ethical and moral responsibilities of the people and…