Acknowledgments
1. Economics of Trust
2. The History of Trust
3. Trust in the Modern Economy
4. Trusting Institutions with Expertise
5. Trusting One Another
6. Conclusion
Detailed Contents
Notes
Index
Benjamin Ho is a professor of economics at Vassar College. He formerly served as lead energy economist for the White House Council of Economic Advisers.
Illustrating how a seemingly noneconomic concept is, in fact, at
the heart of many fundamental economic concepts, Why Trust Matters
looks back in history to develop the idea that trust undergirds
most human interactions. Ho has written a timely, interesting, and
fun work for specialists and nonspecialists alike.
*Charles J. Wheelan, author of Naked Economics: Undressing the
Dismal Science*
Benjamin Ho writes about one of the most important and
underexplored factors in how well society functions: trust. Why
Trust Matters is clear, engaging, and persuasive: trust me!
*Seth Stephens-Davidowitz, author of Everybody Lies: Big Data,
New Data, and What the Internet Can Tell Us About Who We Really
Are*
This blurb is an act of trust between you, the potential buyer, and
me, the esteemed writer who risked his literary reputation to
endorse this book. I do so with no fear. Mostly because Benjamin Ho
has written a great, necessary, fun, hopeful book that makes you
rethink the very basics of society and partly because my rep isn’t
all that great.
*Joel Stein, author of In Defense of Elitism: Why I'm Better
Than You and You're Better Than Someone Who Didn't Buy This
Book*
Why Trust Matters validates my long-standing membership in the Ben
Ho fan club. His deep knowledge of the historical record, his
careful application of economic reasoning, and his charm shine
through on every page of this highly readable account of the role
of trust in economic and social life.
*Robert H. Frank, author of Under the Influence: Putting Peer
Pressure to Work*
Trust is critical to civilization and its economy. Benjamin Ho
provides a concise, sweeping, accessible, and fascinating summary
of the different aspects of trust and their effect on a broad set
of social institutions. Whether you are a seasoned economist
seeking to broaden your knowledge of the field, a student beginning
your journey, or a casual reader looking to deepen your
understanding of the world, trust me, you will find this book
invaluable.
*Ed Conard, author of Unintended Consequences: Why Everything
You've Been Told About the Economy Is Wrong*
Ho steps away from the mathematical formalisms of his subfield and
writes lucidly and compellingly about the foundational concept of
all social science.
*New Yorker*
A great interdisciplinary dive into how trust works, and how we
might harness it to help the economy grow.
*Bloomberg*
Highly recommended.
*Midwest Book Review*
This book illustrates how one such feeling, called 'trust', has
come to the centre stage as the driving force of various economic
exchanges...It's a must-read, especially for those interested in
behavioural economics and finance
*LSE Review of Books*
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