The Importance of Virtue in Business

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Virtuous dark to me is a strange word. Why would you say they're more virtuous? Businesses at their essence do not coerce their consumers. Sometimes they may defraud them. Being in a business cultivates the habits of learning how to cooperate with people.

Author and economist Tyler Cowen of George Mason University talks about his book, Big Business, with EconTalk host Russ Roberts. Cowen argues that big corporations in America are underrated and under-appreciated. He even defends the financial sector while adding some caveats along the way. This is a lively and contrarian look at a timely issue.