ABSTRACT
Policies the United States (US) implements are a highly useful predictor of the future's broad outline. Large government transfer programs having a moral-hazard characteristic also shared wealth internally. This set of external and internal wealth-sharing policies led to both lean years and broken promises for workers and taxpayers and helped to erode basic institutions such as family, community, work, saving, education, and safety. Popularity of business ethics is an example illustrating concerns many have with family and community values. Adverse macroeconomic numbers in the 1970s such as high inflation and oil prices—in addition to the ongoing cold war—covered over bubbling problems in US economic and social institutions. Universities across the US have installed business-ethics courses as part of their curricula. Corporations have adopted more policy guidelines on ethical behavior as well as employing people whose full-time job is to cope with ethical problems.
