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Integrity might sound like a personal virtue, but a new book says it's actually a precious economic asset. In The Economics of Integrity, journalist Anna Bernasek writes that almost every aspect of the modern global economy - from getting cash at an ATM to trading gold in international markets - is possible only because of deep-seated trust. She talked to TIME about the financial crisis, what's wrong with the dictionary definition of integrity, and how trust creates wealth. (See pictures of the global financial crisis...
...book you use milk as an example. When you walk into a corner store and you buy a gallon of milk, you hand your money over to the storekeeper and you walk away. You're trusting in the integrity of the storekeeper to deliver milk [that] is safe and good. So that's just a basic trust in integrity. But if you start peeling back the layers off that transaction you can see there are far more relationships of integrity and trust needed to bring that milk to you. You can start with the farmer who needs to look after...
...can’t-fit-between-chairs crap you see in Adams), a variety of table sizes (admit it, you prefer two seats between you and the nearest acquaintance/awkward former hook-up), and full-length windows that gaze directly onto the river. There’s even a book-exchange shelf! Dining Hall Manager Michelle will know your thesis topic, favorite food, and go-to bad-day outfit. Mather has no dining restrictions. (Feel the democracy. Feel the love. Okay, feel the distance.) The food is premium HUDS, it never runs out, there’s plenty...
Quirks: The Qube library, which juts out of New Quincy and is supported on stilts, hosts its sizeable comic book collection—although you will need to ask to see it. There is also a gigantic stuffed white—gorilla, or something, we at FlyBy aren’t quite sure—that migrates around the library. Also, Quincy’s mascot, voted into existence only a few years ago, is the penguin...
...planning a massive pub crawl through the Square,” Burack said. “Then I’m going to Costa Rica and not bringing my laptop or a single book...