As I wrote about in an earlier blog entry, one of the ironies of living in a market based economy is that "if you truly believe something is priceless, you need to be prepared to put a price on it." You can rail against the injustice and preach the ... [Continue Reading]
Paying for externalities?
Great article here from Chris McDonald's business ethic blog about companies voluntarily paying for externalities and how this should be interpreted -- as hush money or doing the right thing... The basic idea is, I believe, sound (no pun intended if ... [Continue Reading]