Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

Honesty and Trust
Townhall.com ^ | September 25, 2013 | Walter E. Williams

Posted on 09/25/2013 4:13:11 AM PDT by Kaslin

Dishonesty, lying and cheating are not treated with the right amount of opprobrium in today's society. To gain an appreciation for the significance of honesty and trust, consider what our day-to-day lives would be like if we couldn't trust anyone. When we purchase a bottle of 100 pills from our pharmacist, how many of us bother to count the pills? We pull in to a gasoline station and pay $35 for 10 gallons of gasoline. How do we know for sure whether we in fact received 10 gallons instead of 9 3/4? You pay $7 for a 1-pound package of filet mignon. Do you ever independently verify that you in fact received 1 pound? In each of those cases, and thousands more, we simply trust the seller.

There are thousands of cases in which the seller trusts the buyer. Having worked 40 hours, I trust that George Mason University, my employer, will pay me. People place an order with their stockbroker to purchase 100 shares of AT&T stock, and the stockbroker trusts that he'll be paid. Companies purchase 5 tons of aluminum with payment due 30 days later.

Examples of honesty and trust abound, but imagine the cost and inconvenience if we couldn't trust anyone. We would have to lug around measuring instruments to make sure that it was in fact 10 gallons of gas and 1 pound of steak that we purchased. Imagine the hassle of having to count out the number of pills in a bottle. If we couldn't trust, we'd have to bear the costly burden of writing contracts instead of relying on a buyer's or a seller's word. We'd have to bear the monitoring costs to ensure compliance in the simplest of transactions. It's safe to say that whatever undermines honesty and trust raises the costs of transactions, reduces the value of exchange and makes us poorer.

Honesty and trust come into play in ways that few of us even contemplate. In my neighborhood, workers for FedEx, UPS and other delivery companies routinely leave packages that contain valuable merchandise on the doorstep if no one answers the door. The local supermarket leaves plants, fertilizer and other home and garden items outdoors overnight unattended. What's more, the supermarket displays loads of merchandise at entryways and exits. In neighborhoods where there's less honesty, deliverymen's leaving merchandise on doorsteps and stores leaving merchandise outdoors unattended or at entryways and exits would be equivalent to economic suicide.

Dishonesty is costly. Delivery companies cannot leave packages when the customer is not home. The company must bear the costs of making return trips, or the customer has to bear the costs of going to pick up the package. If a supermarket places merchandise outside, it must bear the costs of hiring an attendant -- plus retrieve the merchandise at the close of business; that's if it can risk having merchandise outdoors in the first place.

Honesty affects stores such as supermarkets in another way. A supermarket manager's goal is to maximize the rate of merchandise turnover per square foot of leased space. When theft is relatively low, the manager can use all of the space he leases, including outdoor and entryway space, thereby raising his profit potential. That opportunity is denied to supermarkets in localities where there's less honesty. That in turn means a higher cost of doing business, which translates into higher prices, less profit and fewer customer amenities.

Crime, distrust and dishonesty impose huge losses that go beyond those suffered directly. Much of the cost of crime and dishonesty is borne by people who can least afford it -- poor people. It's poor people who have fewer choices and pay higher prices or must bear the transportation costs of going to suburban malls to shop. It's poor people in high-crime neighborhoods who are refused pizza delivery and taxi pickups. The fact that honesty and trust are so vital should make us rethink just how much tolerance we should have for criminals and dishonest people.


TOPICS: Culture/Society; Editorial
KEYWORDS: crime; safety; trusthonesty

1 posted on 09/25/2013 4:13:12 AM PDT by Kaslin
[ Post Reply | Private Reply | View Replies]

To: Kaslin

As usual he’s right. The black community tolerates thugs and now no one wants to do business there because they cannot be trusted.

Until the black community polices themselves and gets back to a moral lifestyle, they will suffer from lack of services and opportunities.

(of course this applies to white ghettoes also)


2 posted on 09/25/2013 4:23:23 AM PDT by John O (God Save America (Please))
[ Post Reply | Private Reply | To 1 | View Replies]

To: Kaslin

When we purchase a bottle of 100 pills from our pharmacist, how many of us bother to count the pills?

Well YES.. Every time. I in the past I have caught a “mistake”.


3 posted on 09/25/2013 5:09:01 AM PDT by SECURE AMERICA (Where can I go to sign for the American Revolution 2013 and the Crusades 2013?)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Kaslin

How do we know for sure whether we in fact received 10 gallons instead of 9 3/4? You pay $7 for a 1-pound package of filet mignon. Do you ever independently verify that you in fact received 1 pound?
Anyone selling by weights and measures must have their equipment verified by an outside source. I do verify that the scales or the gas pump has the current verification and authorization. Still could be ripped off but it is a measure of safety....


4 posted on 09/25/2013 5:11:21 AM PDT by SECURE AMERICA (Where can I go to sign for the American Revolution 2013 and the Crusades 2013?)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Kaslin

There is no trust left in government... in a few people within government yes... but government is corrupt, wicked and evil.


5 posted on 09/25/2013 5:35:56 AM PDT by LibLieSlayer (FROM MY COLD, DEAD HANDS!)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Kaslin

I found a new tag line.


6 posted on 09/25/2013 6:03:44 AM PDT by griswold3 (Post-Christian America is living on borrowed moral heritage.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: LibLieSlayer

And what does that say about a nation that keeps reelecting those corrupt officials?
I say DC is merely a reflection of our once great nation.


7 posted on 09/25/2013 6:07:27 AM PDT by griswold3 (Post-Christian America is living on borrowed moral heritage.)
[ Post Reply | Private Reply | To 5 | View Replies]

To: griswold3
Just under 50% voted the proper way... at least they voted for the best of poor options... do not sell this republic down the river yet. We trusted our government... we have been awakened to the truth of how foolish we have all been. We have good people of GOD fighting in DC and all over the country. This fight isn't over until we win.
8 posted on 09/25/2013 6:10:31 AM PDT by LibLieSlayer (FROM MY COLD, DEAD HANDS!)
[ Post Reply | Private Reply | To 7 | View Replies]

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson