Raymond Fisman, the Race to the Bottom

745 views · Published 13 November 2008 · 2:31 · Indexed 20 September 2026

Channel: Carnegie Council for Ethics in International Affairs · 2008 · News & Politics

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"If you view ethics as something of a luxury, something where, if we have relatively high profits, we can indulge ourselves in honorable behavior, and now these profits dissipate, simply to stay in business we have to lower our standards.  There is this race to the bottom."
This Carnegie Council event took place on November 5, 2008.  For the entire video, transcript, and audio, go to http://www.carnegiecouncil.org

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