Why Trust Matters: An Economist's Guide to the Ties That Bind Us by Benjamin Ho
English | September 21st, 2021 | ISBN: 0231189605 | 336 pages | True EPUB | 0.92 MB
Have economists neglected trust? The economy is fundamentally a network of relationships built on mutual expectations. More than that, trust is the glue that holds civilization together. Every time we interact with another person—to make a purchase, work on a project, or share a living space—we rely on trust. Institutions and relationships function because people place confidence in them. Retailers seek to become trusted brands; employers put their trust in their employees; and democracy only works when we trust our government.