[ExI] How do we construct workable institutions and ethical behaviors?

[Stefano Vaj]

On 9 December 2011 00:49, spike <spike66 at att.net> wrote:

> >... On Behalf Of Stefano Vaj
> >I have some objections to the generalisation of the term "crime" (I prefer
> to reserve it to the breach of the criminal law actually in force in the
> territory and in the time when the alleged crime is perpetrated, so that
> best-practice and "ethical" rules cannot really be considered)...Stefano
> Vaj
>
> Hmmm, OK.  But what we had were Washington policies that compelled banks to
> give out a bunch of risky loans
>

Yes. This is why I explicitely concur with your views about that as stated
in the part of my message you did not quote. :-)

-- 
Stefano Vaj
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