Businessmen interested in long-run survival are more honest in their professional dealings than are many other groups in society—not because they are more virtuous, but because they face more effective constraints. Their customers can usually detect and avoid deception more easily than can a politician’s constituents, a professor’s students, and a preacher’s congregants.
Dwight R. Lee is a Research Fellow at the Independent Institute and Affiliated Visiting Faculty Fellow in the Institute for the Study of Political Economy in the Miller College of Business at Ball State University.
Business and EntrepreneurshipCulture and SocietyEconomyFree Market EconomicsPublic Choice
Other Independent Review articles by Dwight R. Lee
Summer 2023 Fiscal Recklessness, Path Dependence, and Expressive Voting
Summer 2019 The Fifth Risk: Undoing Democracy
Spring 2019 The Diversity Delusion: How Race and Gender Pandering Corrupt the University and Undermine Our Culture
[View All (12)]