Friday, January 20, 2006

Adam Smith, Behavioral Economist? : HBS Working Knowledge

For those of you who know my mentoring angle on supply and demand, you'll know im an adam smith fan. What i never realised is he touched on the emotional intelligence (which is also an interest as you'll know) well before its more recent emergence.

Adam Smith, Behavioral Economist? : HBS Working Knowledge: "Thus, Smith's advice to business leaders would likely be that they should weigh carefully the costs of breaking trust and of risking reputation. The costs of sacrificing ethical standards of conduct are much larger than any individual might imagine, precisely because they decrease trust and can strongly affect organizational and market functioning as a whole."


At 21/2/06 09:58, Anonymous Anonymous said...

good ol scotland


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