Includes bibliographical references (pages 245-279) and index.
Contents
The naked emperors -- Meritocracy and its discontents -- Moral hazards -- Who knows? -- Winners -- Out of touch -- Reformation.
Summary
Analyzes scandals in high-profile institutions, from Wall Street and the Catholic Church to Major League Baseball, while evaluating how an elite American meritocracy rose throughout the past half-century before succumbing to corruption and failure.