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...write that integrity is widely misunderstood. What don't people get? I don't think they understand that if you act with integrity you actually can create wealth. We tend to think in a conventional way of integrity as - if you look it up in the dictionary - honor, honesty, moral rectitude. We think of it as a personal issue, a private morality, entirely up to you. But this way of thinking about integrity, the economic view, is a collective view. It's all about us. It underpins everything we do in the economy. [For] any transaction [to] succeed - whether...
...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 his cows properly, the vet who gives the cattle their antibiotics, all the way up the milk chain of the lab technicians, the plant workers, the distribution company. Not only are you trusting in their integrity, but they're all trusting each other. Because they all depend on each...
...With] eBay, the potential for cheating was just enormous. What they did with their feedback system - where today buyers can rate sellers on how they behave - is that suddenly they brought sellers' behavior out into the open. So if you want to do business with a seller you can look at their feedback scores and decide, do I trust this person or not. So all of a sudden, it changed the dynamic: it eliminated the possibility of short-term cheating. If you cheated one person, it would go on your record. And then suddenly nobody would want to do business...
While Facebook has not denied these allegations, the company informed Business Insider that they’re not interested in discussing the issue. Makes sense, seeing that hacking into e-mail accounts is a federal offense. Plus, with privacy issues brewing around Facebook, it doesn’t exactly look great if the CEO is accused of having gone on a hacking spree—whether the accusations are true...
With the end in sight, all seniors interviewed said they look back on the thesis writing process favorably...