The Libor Scandal and the Price of Prosperity
Harvard Business Review
JUNE 29, 2012
It's not even about power and privilege, corruption and compromise. Now, let me couch this for you in the human terms of political economy — the terms in which you and I should rightly conceive of an "economy" as the sum of the enduring human good; not merely as a set of pipes for the grease of finance to be injected into.
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