January 1, 2014 by Tamara Piety
There is a cute, very simple video explanation called “Businesses Behaving Badly” over at the New York Times about the problem with fines and financial penalties as a tool for disciplining businesses. Watch it here http://www.nytimes.com/video/business/100000002614034/business-behaving-badly.html (even though you will have to suffer through the Acura ad). The problem is — what is the alternative? There is no really good answer.