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What are the key components of creating an integrity system? I call it the DNA of integrity: Disclosure, Norms and Accountability. [By] disclosure I mean bringing the truth out into the open so people can make their own decisions. Norms [are] basic guidelines that are simple, easy to understand and intuitive. If you're buying [on eBay], the rule is, you follow through and you send your money. If you're selling, you basically send your goods in the way that you say you will. That makes sense to us; it's easy to follow those rules. Lastly, accountability. This...

Author: /time Magazine | Title: How Trust Creates Wealth | 3/10/2010 | See Source »

...other factors I would include. One is a long-term view. [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...

Author: /time Magazine | Title: How Trust Creates Wealth | 3/10/2010 | See Source »

...Hour ends with a medley of Mather songs, yelled at the top of Mather lungs by hugging, jumping, swaying Mather patriots. This House has not one, but two mascots, a gorilla and Leighdra, a lion named after outgoing House Masters Sandra Naddaff and Leigh Haffrey. Mather-Open overflows with YouTube recommendations, inside jokes, lively debates, and requests for everything from decongestant pills to pipe cutters, all of which are always promptly answered. Mather invented the Housing Day video when it sent “Mather House: The Movie” to all freshmen...

Author: By Sarah J. Howland, CRIMSON STAFF WRITER | Title: The Housing Market Reviews: Mather House | 3/10/2010 | See Source »

...fact, the most obvious thing about Starbucks is its omnipresence. Intelligentsia sells via mail order. Counter Culture has stores, and even training centers, in Asheville, Charlotte and Durham, N.C.; Atlanta; New York City; and Washington, D.C. But there's just no way any farm-to-cup roaster can open up 60 stores, let alone 16,000-plus like Starbucks. But every town can have a café that, if it doesn't buy its coffee beans from a small farm in Burundi or Costa Rica, at least can buy them from someone who does. According to an industry trade publication...

Author: /time Magazine | Title: Is Stumptown the New Starbucks — or Better? | 3/9/2010 | See Source »

...into the alleged embezzlement of $150 million by officials at a subsidiary of the state-owned bank VTB following the company's purchase of 30 Chinese oil rigs in 2007. His report electrified Russian Netizens when he published it on his blog in November. Authorities initially declined to open a criminal investigation into the deal, saying there were insufficient grounds to do so, but last month Moscow prosecutors sent the case back to the police for further review, which is ongoing. For Navalny, forcing his opponents into a dialogue is often victory enough. "Even a nonsense answer exposes the company...

Author: /time Magazine | Title: Russia's Erin Brockovich: Taking On Corporate Greed | 3/9/2010 | See Source »

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