Tuesday, May 17, 2011

"Trust" Now a Big Issue for Media, Business and Government

U.S citizens now trust business and government less in 2011 than they did in 2010. About six percent fewer U.S. respondents say they "can trust government to do what is right." At 40 percent of respondents, U.S. levels of trust in government are nearly identical to view of Russians about their own government. About 39 percent of Russian respondents think they can trust government to do what is right.



About 46 percent of U.S. respondents say they can "trust business to do what is right."



Media fares even worse than business or government, though. Just 27 percent of U.S. respondents say they "trust media to do what is right." Media scores dropped 11 percent since 2010.



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On the Use and Misuse of Principles, Theorems and Concepts

When financial commentators compile lists of "potential black swans," they misunderstand the concept. As explained by Taleb Nasim ...