The New Bazaar | 13 January 2022 | 1h 06m | Listen Later | iTunes | Spotify
Interview with Ben Ho about his book Why Trust Matters: An Economist’s Guide to the Ties that Bind. Discusses the role of trust in economic interactions: how the way that contracts are written can determine whether trust is enhanced or eroded; situations where pre-nuptial contracts enhance trust; religion’s role in fostering the kind of trust that matters to the economy; why gossip is good for trust; and when we can trust economic policymakers.
The discussion in this podcast about how gift-giving creates vulnerability, in turn creating trust, was very insightful for one so long jaundiced about the merits of gift-giving.