Moe and Anna discuss how wealth is built on trust and what that means for our future.
The Economics of Integrity
I’m a believer that there are far more honest people than there are deceiving ones in the world. Growing up, Integrity was instilled in me as the highest of virtues, and honesty wasn’t just something that you spoke about, it’s was the deliberate mindset that anchored every aspect of your life; especially when no one was watching. As such, I’ve been wired to trust others, and despite the many curve balls that I’ve been dealt; still I prefer to see the good intentions in others.
In business as in politics, we seem to have lost faith in our leaders. On far too many occasions, those who hold our greatest promise tend to serve us the greatest of disappointments. Rarely do their actions honor their commitments; and despite the most forgiving of societies, we’re losing faith. I’m reminded of what Mahatma Gandhi once said, “There are seven things that will destroy us: Wealth without work; Pleasure without conscience; Knowledge without character; Religion without sacrifice; Politics without principle; Science without humanity; Business without ethics.”
In her book, The Economics of Integrity, journalist Anna Bernasek, peels the many layers of integrity that many of us hardly think about. Have you ever considered who you don’t know that might cause you harm? —–