Business Ethics Up for Debate

This is the most baffling article I’ve read recently. In it, Prof. Deidre McCloskey suggests that, despite massive amounts of evidence to the contrary, business ethics are just fine, possibly better than they’ve ever been. Never mind the sorts of stories we see every day, about layoffs, visa abuses, product safety blunders, and disregard of workplace culture – everything is supposedly going well. I obviously disagree, and I highly recommend reading the rebuttal letter to the editor by Prof. Gary Mongiovi if you can – it perfectly qualifies the inaccuracies in this article, which I’m perplexed that the Financial Times even published. As Mongiovi puts it, “Prof. McCloskey’s complacency is recklessly optimistic." Read the full article in the Financial Times, and check out the linked letter to the editor.