Uncommon common sense

I watched this video today and loved it.  It’s from a recent TED conference, and the speaker offers a slightly different understanding of what happened in the American financial institutions.  From there, he talks about how we as a nation are dealing with the problems today and what our politicians are doing.  In America we call them Regulations and Incentives.  In the East, they call it Carrots and Sticks.

Time: 21:00 minutes

Subject: The side effects of only using Regulations and Incentives.  How does virtue play a role?

Current Affairs, Economy

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