Why Trust Matters: An Economist's Guide to the Ties That Bind Us

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.



Benjamin Ho reveals the surprising importance of trust to how we understand our day-to-day economic live...