Richard Thaler

Decisions made in regressive states are often impulsive, emotionally motivated, and harmful. When leaders appeal to the regressive and emotional states of their populations, they are playing with very volatile and contagious material, and often, there is no turning back.
What is clear is that emerging factors have combined to expose big business and its place in society to increasingly intense and critical scrutiny. A very selective list might include the banking crisis and corporate tax scandals, the shrinking state, climate change and other environmental impacts, and the inequities and injustices in value chains, so horribly highlighted at the Dhaka garment factory.