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Barry Schwartz's Practical Wisdom

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Barry Schwartz's Practical Wisdom
Barry Schwartz, a psychology professor from Swarthmore College in Swarthmore, Pennsylvania, who studies the link between economics and psychology, offering startling insights into modern life (TED). Barry Schwartz defined practical wisdom through his Talks at Google presentation “Practical Wisdom” he mentioned about his latest book called Practical Wisdom: The Right Way to Do the Right Thing” where he emphasized Practical Wisdom entails the will to do the right thing and the skill to figure out what the right thing is” (Talks at Google.) Throughout his lecture, Barry mentions that that choice has negative effects when it comes to making a decision on what is the difference between what is right and what is wrong. For an example, Barry Schwartz …show more content…
The role of choice impacts consumers on a day-to-day basis as well as it impacts business decisions. In the article, Everybody’s Business by Jon Miller and Lucy Parker their article entitled “A Hard Path to Leadership” Miller and Parker described the ethical values for working for the company of Nike. In this article, the authors exposed the ethical values and the negative effects from working at Nike. In the commentary, the author states that the working conditions for a company like Nike were unbearable and described as unethical and inhumane according to American standards. The author points out examples such as the youngest factory workers were under the legal working age if 18 years old. (Miller, Parker 72). Based on the horrifying ethical issues that Nike is encountering, demonstrates that the Nike company has poor practical wisdom skills as the company has not quite figured out how to do the right skill while doing the right thing (Talks at

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