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Pascal’s Wager and Business Ethics

When business ethics is discussed, I immediately think about Pascal’s Wager. The 17th century philosopher, Blaise Pascal, is famous for his wager about the existence of G-d. With so many theologians before him attempting to prove the existence of G-d, Pascal came up with the Wager. Here is a summary: If you wager that G-d […]

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Return on Luck: ROL

What’s Luck Got to do with it? This was the title of one of my favorite recent business articles found in the New York Times. It was cleverly written by Jim Collins and Morton T. Hansen. The authors discuss and study a new metric, Return on Luck or ROL. Businesses talk about ROI, Return on […]

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