Moral hazard exists when a party to a transaction has an incentive to take unusual business risks because they are unlikely ...
A business owner or manager has multiple responsibilities, including legal ones, such as paying taxes, as well as moral responsibilities. Moral responsibilities may be individual, meaning each person ...
See more of our trusted coverage when you search. Prefer Newsweek on Google to see more of our trusted coverage when you search. Political philosophers have long recognized the paradoxical connection ...
Some people argue that a company's sole purpose is to maximize profits and that focusing on any other concerns is a violation of fiduciary responsibility. But just because business is a highly ...
There is a long tradition in political philosophy holding that public policy should reflect certain moral principles. Not everyone agrees, of course. Friedrich Nietzsche and Thomas Hobbes, for example ...
There are several key areas of concern: morality, bias, and societal impact. AI as a technology has now begun to encroach into each of these domains. The self-driving car is perhaps the most relatable ...
Vox recently asked 15 experts on moral philosophy and public policy to answer the following question: "What do we do know that will be considered unthinkable in 50 years?" The resulting essays are ...