Tag Archives: moral

Adam Smith’s Legacy for Ethics and Economics

Olsson Center Senior Fellow Patricia H. Werhane has written about interpretations of Adam Smith and capitalism in the past. In a 2006 article, she challenges a popular understanding of the Wealth of Nations. According to the popular reading of Smith, … Continue reading

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What Stakeholder Theory is Not

Excerpted from an article by Robert Phillips, R. Edward Freeman and Andrew C. Wicks The word “stakeholder” has become a commonly used term in business and in other sectors. The term means many different things to many different people and … Continue reading

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