Update: Part 4 of Trump Financial Ethics Watch Series

October 17th, 2017 by Kara in Case Studies

By: Ryan Sim President Trump is apparently not taking steps to rid the worrisome conflicts of interest associated with his administration. The problems will not go away unless there are concerted bipartisan calls for reform. Regardless of political leanings, a transparent, accountable government is essential for societal welfare. Ethics is an Indispensable Policy Gauge Ethical standards are a universal language to voice our otherwise ineffable outrage towards corruption. Champions of moral relativism will argue ethical standards are arbitrary as an evaluative tool for public policy. However, value judgments are embedded in every legislative ...

Richard Thaler wins Nobel for Economics

October 9th, 2017 by Kara in News

Seven Pillars Institute congratulates Professor Richard Thaler on winning the 2017 Nobel Prize for Economics. Professor Thaler had kindly agreed to an interview with SPI and we republish the interview. He gave insightful observations about ethics in finance and how vitally important it is. No doubt if finance departments of business schools offer a financial ethics course (a rarity at the moment), their students would be better off as future investors and financiers.   SPI: Your book, Misbehaving:The Making of Behavioral Economics is among Inc.com’s 10 best business books for 2015. Can ...