Robert Jackall


Robert Jackall is Willmott Family Professor of Sociology and Public Affairs at Williams College. Among other books, he is the author of Moral Mazes: The World of Corporate Managers (20th-anniversary edition by Oxford University Press).

The Madoff Affair and the Casino Economy

from The Phantom Economy, Volume 12, Number 2

The Madoff family wielded remarkable power in the financial world and was not reluctant to use that power to reward friends and punish enemies. In such a world, silence becomes judicious prudence.