Advocating Transparent Pricing: MFTransparency’s 7-year History
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With the closing of MFTransparency, we have written a report to answer the many questions you have. It is a chronology of MFT, describing success that exceeded expectations as well as perennial struggles. This is our only document in our seven years that provides this comprehensive perspective. Our goal is first to provide advice to other initiatives that may take up the cause of transparent pricing, and to strengthen the foundation upon which they would build their efforts, but as we will argue, every institution can study, analyze, and decide pricing policies independent of broad-based industry pricing transparency. While transparency and responsible practice are compatible goals, transparency does not necessitate responsible practice. Responsible practice is a choice, and it can be achieved independently of broad, industry transparency.