"Society implicitly trusted MBAs to do no harm when it allowed financial markets to operate in a relatively unregulated fashion--but its faith has been betrayed."
Should we trust a Dean who thinks we have a relatively unregulated market? The markets, especially financial and real estate are highly regulated. How is he to teach ethics of capitalism when he views markets as not a right, but something society allows?
Should we trust a Dean who thinks we have a relatively unregulated market? The markets, especially financial and real estate are highly regulated. How is he to teach ethics of capitalism when he views markets as not a right, but something society allows?