An Analysis of the Importance of Trust and Transparency in the Economic Morality of Anna Bernasek The importance of economic trust and transparency are vital aspects of the economic morality that Anna Barnasek brings froth in The Economics of Integrity. The optimism of a cooperative and sympathetic relationships between the consumer and the producer is brought forth in the trust that one must have in a particular product. With Adam Smith and others arguing for a cooperative transparency and moral fiber to trusting these products, Barnasek offers insightful examples of the way that corruption is less of a focus than successful business loyalties and transparent communication between all parties concerned. In essence, the importance of trust...The end:
.....ents of resolving mass corruption in the United States through Adam Smith’s theories on sympathetic moral values of ‘utility’ in trustworthy transactions in the modern American economy. Works Cited Bernasek, Anna. The Economics of Integrity: From Dairy Farmers to Toyota, How Wealth Is Built on Trust and What That Means for Our Future. New York: Harper, 2010. Smith, Adam. Theory of Moral Sentiment. Econlib.org. 21 Oct. 2010 . Smith, Roy. Adam Smith and the Origins of American Enterprise: How the Founding Fathers Turned to a Great Economist's Writings and Created the American Economy. New York: St. Martin's Griffin, 2004. Solomon, Robert. Building Trust: In Business, Politics, Relationships, and Life. Oxford: Oxford University Press, 2003.