A New Model for Teaching Ethical Behavior

One can scarcely open the newspaper without finding examples of smart, well-educated people who have behaved in ethically challenged ways: for example, Bernard Madoff and the numerous investment advisers who have come to be called mini-Madoffs because their Ponzi schemes were similar to Madoff's. President Obama called the bonuses awarded to some of the same Wall Street executives who helped to create the current economic mess "shameful." Even some of the president's own proposed political