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Profit, Power, and Policy | Business Ethics Insights
Dive into political economy, business ethics, and economic policy with professors Bill Keep and Nancy Lasher as they examine competitive markets and expose anti-competitive behavior and market collusion threatening today's economy. Learn how Adam Smith's principles apply to modern economic challenges.
Profit, Power, and Policy | Business Ethics Insights
Ponzi Schemes vs. Pyramid Schemes vs. MLM: What's the Real Difference?
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Why do smart, experienced people fall for Ponzi schemes and pyramid schemes — and how do you know if your MLM "business opportunity" is actually illegal? Dr. William Keep, a DOJ/SEC/FTC expert witness on multi-level marketing and pyramid schemes, joins Power, Profit and Policy to explain Bernie Madoff, Charles Ponzi, the Backstreet Boys' Lou Pearlman scandal, and the regulatory loopholes that let these schemes keep operating.
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