Honesty isn’t always the best policy.(Actually, I believe that most corporate ills would be cured if we had “perfect markets” – perfect information (full truth) and mitigation for externalities. Many consumers don’t care about anything other than cost and/or quality, but enough consumers do care about issues such as outsourcing, environmental harm, and labor abuses that companies would have little choice but to behave well.)
Honesty isn’t always the best policy.(Actually, I believe that most corporate ills would be cured if we had “perfect markets” – perfect information (full truth) and mitigation for externalities. Many consumers don’t care about anything other than cost and/or quality, but enough consumers do care about issues such as outsourcing, environmental harm, and labor abuses that companies would have little choice but to behave well.)