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.
Listen, then click here to subscribe to these podcasts via iTunes!