Profit and Purpose
Explore the paradox of profit and purpose in both for-profit and nonprofit organizations, as Michael and Russ discuss the relationship between making money and helping people. They delve into the challenges of making a credible commitment to prioritize consumers over profits and the role of rating agencies in addressing information asymmetry.In this clip
From this podcast
EconTalk
Michael Munger on Love, Money, Profits, and Non-profits
Related Questions
Is monetary gain the only motivation for people in their careers, as discussed in the episode Michael Munger on Love, Money, Profits, and Non-profits and the clip Love vs. Money, as well as in the episode 2: Rob Weinhold | The Art of Crisis Leadership?
Is monetary gain the only motivation for people in their careers, as discussed in the episode Michael Munger on Love, Money, Profits, and Non-profits and the clip Love vs. Money, as well as in the episode 2: Rob Weinhold | The Art of Crisis Leadership and the clip Motivators of Bad Deeds?
Is monetary gain the only motivation for people in their careers, as discussed in the episode Michael Munger on Love, Money, Profits, and Non-profits and the clip Love vs. Money, as well as in the episode 2: Rob Weinhold | The Art of Crisis Leadership and the clip Motivators of Bad Deeds?