Trust is an essential component of markets. Trust enables exchange, facilitates planning and commitment over time, and in many ways is the oxygen of contemporary life. The explosive rise of commerce over the internet has precipitated a bevy or articles on the twenty-first century “trust economy” and I anticipate that the phrase and concept will…
Tag: Integrity
Accreditation and Trust
One of the most important aims of higher education accreditation is accountability to the public, an affirmation of an institution’s value, worth and commitment. Institutions are not “regulated.” Instead, they are accredited. Accreditation provides a seal of approval. Or at least that is what many of us within academia respond with when asked about standards.…