Our entire economy is based on trust -- from buying a gallon of milk to using an ATM to investing on Wall Street -- and when that trust is violated, when there is a lack of integrity in the system, it falls apart and breaks down. That's the concept behind Anna Bernasek's book, "The Economics Of Integrity."
She joined me today on WHAS/Louisville to talk about Toyota's problems after a long-established image of trustworthiness, how bankers have gone from among our most-admired to most-scorned, and whether we need more regulation or a more free market policy.
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Labels: podcasts