Gilder on Trust

Michael Perelman michael at ecst.csuchico.edu
Sat Dec 7 21:58:29 PST 2002


If you spent your summers with the Rockefellers as a youth, you would understand what he means.

On Sun, Dec 08, 2002 at 12:56:29AM -0500, H. Curtiss Leung wrote:
>
> CEO's profits come from the mutually voluntary choices, not coercion?
>
> Has this guy ever *WORKED* for a living?
>
> >
> >...their own profits stem from the dignity of voluntary personal choices,
> > rather than coercive appropriations. Their entire enterprise is ultimately
> > founded on trust. That is ultimately why I trust them. They trust me.
> >

-- Michael Perelman Economics Department California State University Chico, CA 95929

Tel. 530-898-5321 E-Mail michael at ecst.csuchico.edu



More information about the lbo-talk mailing list