Book contents
- The Trust Revolution
- The Trust Revolution
- Copyright page
- Dedication
- Epigraph
- Contents
- Figures
- Preface
- Acknowledgments
- Introduction Riding with Strangers
- Part I
- 1 The Collapse of Trust
- 2 Hiding in Plain Sight
- 3 Trust and Human Flourishing
- 4 A Typology of Trust
- 5 The Genealogy of Trust
- 6 The Market for Trust
- Part II
- Part III
- Index
6 - The Market for Trust
from Part I
Published online by Cambridge University Press: 12 July 2019
- The Trust Revolution
- The Trust Revolution
- Copyright page
- Dedication
- Epigraph
- Contents
- Figures
- Preface
- Acknowledgments
- Introduction Riding with Strangers
- Part I
- 1 The Collapse of Trust
- 2 Hiding in Plain Sight
- 3 Trust and Human Flourishing
- 4 A Typology of Trust
- 5 The Genealogy of Trust
- 6 The Market for Trust
- Part II
- Part III
- Index
Summary
Trust is valuable. We need it to make our lives better. Therefore, trust is something that humans demand. We don’t really care who provides the trust, so long as there is no breakdown in trust. When you walk down a dark street at night, it doesn’t matter whether the security guards are public or private, so long as you can trust that you will not be robbed, or worse. The Chicago Police Department patrols the streets where we live, but so do private police officers of the University of Chicago Police Department, as well as neighbors. All of them make us feel safe to stroll the streets of our Hyde Park neighborhood. (Of course, they aren’t perfect, and crimes do happen. But no system of trust is perfect, and when comparing them, we must not fall prey to the Nirvana fallacy. Humans cannot achieve Nirvana, so we must choose between second-best solutions based on trade-offs. When it comes to social policy, there are no solutions, only trade-offs.)
- Type
- Chapter
- Information
- The Trust RevolutionHow the Digitization of Trust Will Revolutionize Business and Government, pp. 103 - 124Publisher: Cambridge University PressPrint publication year: 2019