This session is dedicated to the possibility that business is a noble yet frequently rebuked calling. With the constant bombardment from the media to the contrary, it is oftentimes difficult to see how businesses profit not only themselves, but all of society. So much so that the notion of having to "give back" to the community is redundant. If you are interested in learning more about this defense of business and the market, please join in the conversation led by Ed Kless, Sage senior director of partner development and strategy.

1. C-201
In Defense of Business—The Trading
Game and the Morality of Free Exchange
Ed Kless
@edkless
Senior Director, Partner Development and Strategy

2. CPE Credit
• In order to receive CPE credit for this session, you must be present for the entire
session.
– Session Code: C-201
– Recommended CPE Credit = 1.5
– Delivery Method = Group Live
– Field of Study = Specialized Knowledge and Applications
• Visit the Sage Summit Connect kiosks to enter CPE credit during the conference.
• Session PowerPoints and materials can be found on the Sage Summit Mobile App
under Documents – except for this session, please give me a business card.
#SageSummit
@sage_summit

4. Jay Richard’s Eight Myths of Capitalism
Myth Example
Nirvana Contrasting capitalism with an unrealizable ideal rather than with its
live alternatives
Piety Focusing on our good intentions rather than on the unintended
consequences of our action
Zero-sum Believing that trade requires a winner and a loser
Materialist Believing that wealth isn’t created, it’s simply transferred
Greed Believing that the essence of capitalism is greed
Usury Believing that working with money is inherently immoral or that
charging interest on money is always exploitive
Artsy Confusing aesthetic judgments with economic arguments
Freeze-frame Believing that things always stay the same—for example, assuming
that population trends will continue indefinitely, or treating a current
―natural resource‖ as if it will always be needed

5. Thank you for your participation
• Contact Information: ed.kless@sage.com or
www.edkless.com or @edkless