The Libor Scandal and the Price of Prosperity
Harvard Business Review
JUNE 29, 2012
If money is in a basic sense a currency in which the fruits of enterprise past are safely kept, to seed the soil of prosperity tomorrow — and if the value of that money itself is corrupted — can one be said to be a participant in "an economy"? Yet on such a norm of easy shoulder-shrugging compromise nothing great can be built.
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