Thursday, April 8, 2010

Economic Integrity: How Wealth Is Built on Trust and What That Means for Our Future


By Anna Bernasek
"For too long, the economics profession has minimized the critical role of cooperation in economic activity. Emphasis on the individual has risen above all else and overshadowed the profound ways we depend on each other. You may have heard a successful businessperson boast, ‘I did it all myself.’ I want to interrupt at that point. Every successful business requires the cooperative effort of many people—the banker who believes in the business plan, the customer who trusts the product, the employee who devotes precious time to the business and its owners.”

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About Anna Bernasek | Anna Bernasek’s writing on finance and the economy has appeared in the New York Times, the Washington Post, the International Herald Tribune, Fortune, Time, and Australia’s Sydney Morning Herald. She has been a guest commentator on economics on CNN, CNBC, public television, and National Public Radio. Bernasek divides her time between New York City and the east end of Long Island.