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	<title>Comments on: Business Ethics and Economic Efficiency</title>
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	<link>http://www.joshklein.net/business-ethics-and-economic-efficiency</link>
	<description>Josh Klein&#039;s ruminations &#38; strategies where technology &#38; communication intersect.</description>
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		<title>By: khan123</title>
		<link>http://www.joshklein.net/business-ethics-and-economic-efficiency/comment-page-1#comment-385</link>
		<dc:creator>khan123</dc:creator>
		<pubDate>Mon, 10 Aug 2009 21:18:36 +0000</pubDate>
		<guid isPermaLink="false">http://www.joshklein.net/?p=1255#comment-385</guid>
		<description>thanks for sharing informative information sir.&lt;br&gt;&lt;a href=&quot;http://freesexstudy.blogspot.com/&quot; rel=&quot;nofollow&quot;&gt;http://freesexstudy.blogspot.com/&lt;/a&gt;</description>
		<content:encoded><![CDATA[<p>thanks for sharing informative information sir.<br /><a href="http://freesexstudy.blogspot.com/" rel="nofollow">http://freesexstudy.blogspot.com/</a></p>
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		<title>By: adchick</title>
		<link>http://www.joshklein.net/business-ethics-and-economic-efficiency/comment-page-1#comment-661</link>
		<dc:creator>adchick</dc:creator>
		<pubDate>Thu, 30 Jul 2009 06:44:07 +0000</pubDate>
		<guid isPermaLink="false">http://www.joshklein.net/?p=1255#comment-661</guid>
		<description>Great thought provoking post.  Do no evil.  Or at least as little as possible.  You  have to do what&#039;s right for the company, so take care of the guy, help him find another position. That&#039;s the honorable thing to do. Then make damned sure the woman saves your ass!  &quot;The needs of the many outweigh the needs of the few.&quot;</description>
		<content:encoded><![CDATA[<p>Great thought provoking post.  Do no evil.  Or at least as little as possible.  You  have to do what&#39;s right for the company, so take care of the guy, help him find another position. That&#39;s the honorable thing to do. Then make damned sure the woman saves your ass!  &#8220;The needs of the many outweigh the needs of the few.&#8221;</p>
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		<title>By: adchick</title>
		<link>http://www.joshklein.net/business-ethics-and-economic-efficiency/comment-page-1#comment-384</link>
		<dc:creator>adchick</dc:creator>
		<pubDate>Thu, 30 Jul 2009 02:44:07 +0000</pubDate>
		<guid isPermaLink="false">http://www.joshklein.net/?p=1255#comment-384</guid>
		<description>Great thought provoking post.  Do no evil.  Or at least as little as possible.  You  have to do what&#039;s right for the company, so take care of the guy, help him find another position. That&#039;s the honorable thing to do. Then make damned sure the woman saves your ass!  &quot;The needs of the many outweigh the needs of the few.&quot;</description>
		<content:encoded><![CDATA[<p>Great thought provoking post.  Do no evil.  Or at least as little as possible.  You  have to do what&#39;s right for the company, so take care of the guy, help him find another position. That&#39;s the honorable thing to do. Then make damned sure the woman saves your ass!  &#8220;The needs of the many outweigh the needs of the few.&#8221;</p>
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		<title>By: Simone</title>
		<link>http://www.joshklein.net/business-ethics-and-economic-efficiency/comment-page-1#comment-662</link>
		<dc:creator>Simone</dc:creator>
		<pubDate>Fri, 24 Jul 2009 22:00:17 +0000</pubDate>
		<guid isPermaLink="false">http://www.joshklein.net/?p=1255#comment-662</guid>
		<description>Hire the woman.  You have an obligation to the company - its employees, shareholders and debtors.  If you&#039;ve been convinced that she is the better candidate hire her. &lt;br&gt;&lt;br&gt;As for the candidate, give him a 4-6 month severance package and help him find another job.  As a CEO , he understands somethings aren&#039;t personal. It&#039;s a simple matter of of business.  &lt;br&gt;&lt;br&gt;I&#039;m sure his wife will hate you though. &lt;br&gt;&lt;br&gt;The Harvard Business Review blog, Voices, held a colorful debate on the subject of ethics several months back.  I participated in the debate but bailed when the moderator took on a Howard Cosell persona.   The responses were interesting to say the least. You should check it out.</description>
		<content:encoded><![CDATA[<p>Hire the woman.  You have an obligation to the company &#8211; its employees, shareholders and debtors.  If you&#39;ve been convinced that she is the better candidate hire her. </p>
<p>As for the candidate, give him a 4-6 month severance package and help him find another job.  As a CEO , he understands somethings aren&#39;t personal. It&#39;s a simple matter of of business.  </p>
<p>I&#39;m sure his wife will hate you though. </p>
<p>The Harvard Business Review blog, Voices, held a colorful debate on the subject of ethics several months back.  I participated in the debate but bailed when the moderator took on a Howard Cosell persona.   The responses were interesting to say the least. You should check it out.</p>
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		<title>By: Simone</title>
		<link>http://www.joshklein.net/business-ethics-and-economic-efficiency/comment-page-1#comment-383</link>
		<dc:creator>Simone</dc:creator>
		<pubDate>Fri, 24 Jul 2009 18:00:17 +0000</pubDate>
		<guid isPermaLink="false">http://www.joshklein.net/?p=1255#comment-383</guid>
		<description>Hire the woman.  You have an obligation to the company - its employees, shareholders and debtors.  If you&#039;ve been convinced that she is the better candidate hire her. &lt;br&gt;&lt;br&gt;As for the candidate, give him a 4-6 month severance package and help him find another job.  As a CEO , he understands somethings aren&#039;t personal. It&#039;s a simple matter of of business.  &lt;br&gt;&lt;br&gt;I&#039;m sure his wife will hate you though. &lt;br&gt;&lt;br&gt;The Harvard Business Review blog, Voices, held a colorful debate on the subject of ethics several months back.  I participated in the debate but bailed when the moderator took on a Howard Cosell persona.   The responses were interesting to say the least. You should check it out.</description>
		<content:encoded><![CDATA[<p>Hire the woman.  You have an obligation to the company &#8211; its employees, shareholders and debtors.  If you&#39;ve been convinced that she is the better candidate hire her. </p>
<p>As for the candidate, give him a 4-6 month severance package and help him find another job.  As a CEO , he understands somethings aren&#39;t personal. It&#39;s a simple matter of of business.  </p>
<p>I&#39;m sure his wife will hate you though. </p>
<p>The Harvard Business Review blog, Voices, held a colorful debate on the subject of ethics several months back.  I participated in the debate but bailed when the moderator took on a Howard Cosell persona.   The responses were interesting to say the least. You should check it out.</p>
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		<title>By: joshklein</title>
		<link>http://www.joshklein.net/business-ethics-and-economic-efficiency/comment-page-1#comment-664</link>
		<dc:creator>joshklein</dc:creator>
		<pubDate>Fri, 24 Jul 2009 01:28:47 +0000</pubDate>
		<guid isPermaLink="false">http://www.joshklein.net/?p=1255#comment-664</guid>
		<description>Thanks for the response, Shaun. I&#039;m glad I finally got someone to disagree with me ;)</description>
		<content:encoded><![CDATA[<p>Thanks for the response, Shaun. I&#39;m glad I finally got someone to disagree with me ;)</p>
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		<title>By: joshklein</title>
		<link>http://www.joshklein.net/business-ethics-and-economic-efficiency/comment-page-1#comment-382</link>
		<dc:creator>joshklein</dc:creator>
		<pubDate>Thu, 23 Jul 2009 21:28:47 +0000</pubDate>
		<guid isPermaLink="false">http://www.joshklein.net/?p=1255#comment-382</guid>
		<description>Thanks for the response, Shaun. I&#039;m glad I finally got someone to disagree with me ;)</description>
		<content:encoded><![CDATA[<p>Thanks for the response, Shaun. I&#39;m glad I finally got someone to disagree with me ;)</p>
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		<title>By: Shaun</title>
		<link>http://www.joshklein.net/business-ethics-and-economic-efficiency/comment-page-1#comment-663</link>
		<dc:creator>Shaun</dc:creator>
		<pubDate>Wed, 22 Jul 2009 19:49:59 +0000</pubDate>
		<guid isPermaLink="false">http://www.joshklein.net/?p=1255#comment-663</guid>
		<description>You seem to have forgotten that doing what you&#039;ve promised to do should be considered part of ethics. I would pick the guy who quit his job, because he was doing so on the assumption that I follow through with my promises. We should follow through with contracts (provable or unprovable -- if we know we&#039;ve made them) because it&#039;s the right thing to do.&lt;br&gt;&lt;br&gt;You also seem to have ignored the notion of &quot;ownership&quot; in your ethical analysis. Louie didn&#039;t own his stuff -- he was the king, not the god. Taking money from the government (who forcibly took it from the people) is ethically on a different field than taking money from one who earned it and owns it.&lt;br&gt;&lt;br&gt;Also, the rising tide metaphor is true -- it&#039;s a basic economic fact. The countries with the most rich people also have &quot;lower class&quot; people who live like kings compared to other countries. It&#039;s not perfect, compared to the rich, but compared to the living standards in other countries, it&#039;s amazing.&lt;br&gt;&lt;br&gt;It&#039;s about objective gain and profit -- not comparisons. I don&#039;t give a shit that you probably have a nicer computer than mine because I don&#039;t base my identity on being better or worse than you -- I base my identity on being the best I can be.&lt;br&gt;&lt;br&gt;You also seem to just be assuming that redistribution -does- lead to a more fair world. We&#039;ve... never seen this happen. A man who earns $15k and accepts welfare is less likely to make it to the middle and upper classes than a man who doesn&#039;t. Just... do the research. &lt;br&gt;&lt;br&gt;If you still believe this, then I challenge you to reduce your income to $20,000 per year, donate your money to Charity Water, and downsize your house/apartment, car and computer. If you can&#039;t do this... well. It was a fun theoretical discussion about what to do with other people&#039;s money. =)&lt;br&gt;&lt;br&gt;Sorry. It&#039;s just the economist in me that required I make the point. ;-)</description>
		<content:encoded><![CDATA[<p>You seem to have forgotten that doing what you&#39;ve promised to do should be considered part of ethics. I would pick the guy who quit his job, because he was doing so on the assumption that I follow through with my promises. We should follow through with contracts (provable or unprovable &#8212; if we know we&#39;ve made them) because it&#39;s the right thing to do.</p>
<p>You also seem to have ignored the notion of &#8220;ownership&#8221; in your ethical analysis. Louie didn&#39;t own his stuff &#8212; he was the king, not the god. Taking money from the government (who forcibly took it from the people) is ethically on a different field than taking money from one who earned it and owns it.</p>
<p>Also, the rising tide metaphor is true &#8212; it&#39;s a basic economic fact. The countries with the most rich people also have &#8220;lower class&#8221; people who live like kings compared to other countries. It&#39;s not perfect, compared to the rich, but compared to the living standards in other countries, it&#39;s amazing.</p>
<p>It&#39;s about objective gain and profit &#8212; not comparisons. I don&#39;t give a shit that you probably have a nicer computer than mine because I don&#39;t base my identity on being better or worse than you &#8212; I base my identity on being the best I can be.</p>
<p>You also seem to just be assuming that redistribution -does- lead to a more fair world. We&#39;ve&#8230; never seen this happen. A man who earns $15k and accepts welfare is less likely to make it to the middle and upper classes than a man who doesn&#39;t. Just&#8230; do the research. </p>
<p>If you still believe this, then I challenge you to reduce your income to $20,000 per year, donate your money to Charity Water, and downsize your house/apartment, car and computer. If you can&#39;t do this&#8230; well. It was a fun theoretical discussion about what to do with other people&#39;s money. =)</p>
<p>Sorry. It&#39;s just the economist in me that required I make the point. ;-)</p>
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		<title>By: Shaun</title>
		<link>http://www.joshklein.net/business-ethics-and-economic-efficiency/comment-page-1#comment-381</link>
		<dc:creator>Shaun</dc:creator>
		<pubDate>Wed, 22 Jul 2009 15:49:59 +0000</pubDate>
		<guid isPermaLink="false">http://www.joshklein.net/?p=1255#comment-381</guid>
		<description>You seem to have forgotten that doing what you&#039;ve promised to do should be considered part of ethics. I would pick the guy who quit his job, because he was doing so on the assumption that I follow through with my promises. We should follow through with contracts (provable or unprovable -- if we know we&#039;ve made them) because it&#039;s the right thing to do.&lt;br&gt;&lt;br&gt;You also seem to have ignored the notion of &quot;ownership&quot; in your ethical analysis. Louie didn&#039;t own his stuff -- he was the king, not the god. Taking money from the government (who forcibly took it from the people) is ethically on a different field than taking money from one who earned it and owns it.&lt;br&gt;&lt;br&gt;Also, the rising tide metaphor is true -- it&#039;s a basic economic fact. The countries with the most rich people also have &quot;lower class&quot; people who live like kings compared to other countries. It&#039;s not perfect, compared to the rich, but compared to the living standards in other countries, it&#039;s amazing.&lt;br&gt;&lt;br&gt;It&#039;s about objective gain and profit -- not comparisons. I don&#039;t give a shit that you probably have a nicer computer than mine because I don&#039;t base my identity on being better or worse than you -- I base my identity on being the best I can be.&lt;br&gt;&lt;br&gt;You also seem to just be assuming that redistribution -does- lead to a more fair world. We&#039;ve... never seen this happen. A man who earns $15k and accepts welfare is less likely to make it to the middle and upper classes than a man who doesn&#039;t. Just... do the research. &lt;br&gt;&lt;br&gt;If you still believe this, then I challenge you to reduce your income to $20,000 per year, donate your money to Charity Water, and downsize your house/apartment, car and computer. If you can&#039;t do this... well. It was a fun theoretical discussion about what to do with other people&#039;s money. =)&lt;br&gt;&lt;br&gt;Sorry. It&#039;s just the economist in me that required I make the point. ;-)</description>
		<content:encoded><![CDATA[<p>You seem to have forgotten that doing what you&#39;ve promised to do should be considered part of ethics. I would pick the guy who quit his job, because he was doing so on the assumption that I follow through with my promises. We should follow through with contracts (provable or unprovable &#8212; if we know we&#39;ve made them) because it&#39;s the right thing to do.</p>
<p>You also seem to have ignored the notion of &#8220;ownership&#8221; in your ethical analysis. Louie didn&#39;t own his stuff &#8212; he was the king, not the god. Taking money from the government (who forcibly took it from the people) is ethically on a different field than taking money from one who earned it and owns it.</p>
<p>Also, the rising tide metaphor is true &#8212; it&#39;s a basic economic fact. The countries with the most rich people also have &#8220;lower class&#8221; people who live like kings compared to other countries. It&#39;s not perfect, compared to the rich, but compared to the living standards in other countries, it&#39;s amazing.</p>
<p>It&#39;s about objective gain and profit &#8212; not comparisons. I don&#39;t give a shit that you probably have a nicer computer than mine because I don&#39;t base my identity on being better or worse than you &#8212; I base my identity on being the best I can be.</p>
<p>You also seem to just be assuming that redistribution -does- lead to a more fair world. We&#39;ve&#8230; never seen this happen. A man who earns $15k and accepts welfare is less likely to make it to the middle and upper classes than a man who doesn&#39;t. Just&#8230; do the research. </p>
<p>If you still believe this, then I challenge you to reduce your income to $20,000 per year, donate your money to Charity Water, and downsize your house/apartment, car and computer. If you can&#39;t do this&#8230; well. It was a fun theoretical discussion about what to do with other people&#39;s money. =)</p>
<p>Sorry. It&#39;s just the economist in me that required I make the point. ;-)</p>
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		<title>By: joshklein</title>
		<link>http://www.joshklein.net/business-ethics-and-economic-efficiency/comment-page-1#comment-666</link>
		<dc:creator>joshklein</dc:creator>
		<pubDate>Wed, 22 Jul 2009 00:16:43 +0000</pubDate>
		<guid isPermaLink="false">http://www.joshklein.net/?p=1255#comment-666</guid>
		<description>I suppose it&#039;s not an externality in the technical sense of the word, but it is a demonstration of the way our set of business laws around &quot;at will employment&quot; don&#039;t quite get it right (though it could be the best we can do, who knows). Capital and labor can both terminate a working agreement at any time for any reason, but capital is far more mobile and has a broader range of options.</description>
		<content:encoded><![CDATA[<p>I suppose it&#39;s not an externality in the technical sense of the word, but it is a demonstration of the way our set of business laws around &#8220;at will employment&#8221; don&#39;t quite get it right (though it could be the best we can do, who knows). Capital and labor can both terminate a working agreement at any time for any reason, but capital is far more mobile and has a broader range of options.</p>
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