“We’re here to make money” That remains the over-arching driving force behind most businesses, and in some ways it’s right. A commercial business making no profit is either going broke, or is some kind of welfare case. But while making a profit is important, this can never be the sole […]
Tag: Profit
Making greedy bankers more ethical–route to virtuous banking
Summer’s seldom prime time to offer thought leadership. Even worthwhile thinking may be given insufficient attention. This could be the summer fate destined for a challenging new paper called Virtuous Banking from the independent think tank ResPublica. That would be a pity as Virtuous Banking takes an insightful look at the […]
High rollers with low morals
“With so many people rolling the dice in hopes of a big score, there are bound to be some winners, their rich rewards raise wealth inequality even further.” This conclusion by Edmund Phelps, winner of the 2006 Nobel Prize for Economics has important implications for the ethical behaviour, or rather […]