Why Trust Matters
An Economist's Guide to the Ties That Bind Us
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Narrated by:
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Sean Pratt
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By:
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Benjamin Ho
About this listen
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 lives. Starting with the earliest societies and proceeding through the evolution of the modern economy, he explores its role across an astonishing range of institutions and practices. From contracts and banking to blockchain and the sharing economy to health care and climate change, Ho shows how trust shapes the workings of the world. He provides an accessible account of how economists have applied the mathematical tools of game theory and the experimental methods of behavioral economics to bring rigor to understanding trust. Bringing together insights from decades of research in an approachable format, Why Trust Matters shows how a concept that we rarely associate with the discipline of economics is central to the social systems that govern our lives.
©2021 Benjamin Ho (P)2021 TantorListeners also enjoyed...
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Enjoyable but a tad predictable.
- By Kevin on 12-24-12
By: Luigi Zingales
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The Great Reversal
- How America Gave Up on Free Markets
- By: Thomas Philippon
- Narrated by: Walter Dixon
- Length: 10 hrs and 1 min
- Unabridged
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Overall4.5 out of 5 stars 139
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Performance4.5 out of 5 stars 107
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Story4.5 out of 5 stars 107
Why are cellphone plans so much more expensive in the United States than in Europe? It seems a simple question. But the search for an answer took Thomas Philippon on an unexpected journey through some of the most complex and hotly debated issues in modern economics. Ultimately, he reached a surprising conclusion: American markets, once a model for the world, are giving up on healthy competition.
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4 out of 5 stars
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Eye-opening, but better as a book - a must-READ
- By Ash on 11-29-19
By: Thomas Philippon
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The Impulse Society
- America in the Age of Instant Gratification
- By: Paul Roberts
- Narrated by: Edoardo Ballerini
- Length: 9 hrs and 39 mins
- Unabridged
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Overall4 out of 5 stars 65
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Performance4.5 out of 5 stars 54
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Story4 out of 5 stars 54
Paul Robert digs down to the economic roots of the problem, shows how it has metastisized to affect every facet of our lives and our ability to navigate the future. In clear, cogent prose that mixes illuminating analysis and vibrant reporting, Roberts not only tells the fascinating story of how the impulse society came to be, but shows how, perhaps, a healthier society may still be possible.
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4 out of 5 stars
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A Must-Listen for Millenials
- By Doug - Audible on 03-31-15
By: Paul Roberts
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The Great Degeneration
- How Institutions Decay and Economies Die
- By: Niall Ferguson
- Narrated by: Paul Slack
- Length: 4 hrs and 18 mins
- Unabridged
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Overall4.5 out of 5 stars 308
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Performance4.5 out of 5 stars 261
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Story4.5 out of 5 stars 260
Best-selling author and world-renowned historian Niall Ferguson has won widespread acclaim for thought-provoking works such as Civilization and High Financier. The Great Degeneration tackles nothing less than the decline of Western civilization. Ferguson posits that slowing growth, outrageous debt, and antisocial behavior are contributing to the erosion of the West’s once rock-solid foundations. Ferguson excavates the causes and shows how heroic leadership and radical reform are needed to right the course.
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5 out of 5 stars
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Superb as always!
- By Ivanhoe on 08-28-17
By: Niall Ferguson
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Creating Freedom
- The Lottery of Birth, the Illusion of Consent, and the Fight for Our Future
- By: Raoul Martinez
- Narrated by: Steve West
- Length: 17 hrs and 35 mins
- Unabridged
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Overall5 out of 5 stars 41
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Performance5 out of 5 stars 35
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Story5 out of 5 stars 35
A manifesto for deep and radical change, Creating Freedom explores the limits placed on freedom by human nature and society. It explodes myths, calling for a profound transformation in the way we think about democracy, equality, and our own identities.
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5 out of 5 stars
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The BEST book, I've listened to in a long time
- By G. Newton on 04-16-17
By: Raoul Martinez
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The Mind of the Market
- Compassionate Apes, Competitive Humans and Other Tales from Evolutionary Economics
- By: Michael Shermer
- Narrated by: Michael Shermer
- Length: 5 hrs and 26 mins
- Abridged
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Overall4 out of 5 stars 97
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Performance4 out of 5 stars 56
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Story4 out of 5 stars 56
The Mind of the Market will change the way we think about the economics of everyday life. Drawing on research from neuroeconomics, Michael Shermer explores what brain scans reveal about bargaining, snap purchases, and how trust is established in business. Utilizing experiments in behavioral economics, Shermer shows why people hang on to losing stocks and failing companies, why business negotiations often disintegrate into emotional tit-for-tat disputes, and why money does not make us happy.
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2 out of 5 stars
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Good ideas overshadowed by obnoxious polemics
- By Philo on 09-15-13
By: Michael Shermer
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Equal Is Unfair
- America's Misguided Fight Against Income Inequality
- By: Don Watkins, Yaron Brook
- Narrated by: Jeff Cummings
- Length: 9 hrs and 8 mins
- Unabridged
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Overall4.5 out of 5 stars 620
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Performance4.5 out of 5 stars 566
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Story4.5 out of 5 stars 567
We've all heard that the American Dream is vanishing, and that the cause is rising income inequality. The rich are getting richer by rigging the system in their favor, leaving the rest of us to struggle just to keep our heads above water. To save the American Dream, we're told that we need to fight inequality through tax hikes, wealth redistribution schemes, and a far higher minimum wage.
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3 out of 5 stars
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While I agree with most of this book,...
- By Wayne on 12-30-16
By: Don Watkins, and others
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Average is Over
- Powering America Beyond the Age of the Great Stagnation
- By: Tyler Cowen
- Narrated by: Andrew Garman
- Length: 8 hrs and 42 mins
- Unabridged
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Overall4 out of 5 stars 382
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Performance4 out of 5 stars 311
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Story4 out of 5 stars 308
The widening gap between rich and poor means dealing with one big, uncomfortable truth: If you're not at the top, you're at the bottom. The global labor market is changing radically thanks to growth at the high end and the low. About three quarters of the jobs created in the United States since the great recession pay only a bit more than minimum wage. Still, the United States has more millionaires and billionaires than any country ever, and we continue to mint them.
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1 out of 5 stars
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Disappointing analysis of future
- By JKBart on 12-10-13
By: Tyler Cowen
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The Complacent Class
- The Self-Defeating Quest for the American Dream
- By: Tyler Cowen
- Narrated by: Walter Dixon
- Length: 7 hrs and 39 mins
- Unabridged
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Overall4 out of 5 stars 299
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Performance4.5 out of 5 stars 254
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Story4 out of 5 stars 253
Since Alexis de Tocqueville, restlessness has been accepted as a signature American trait. Our willingness to move, take risks, and adapt to change have produced a dynamic economy and a tradition of innovation from Ben Franklin to Steve Jobs. The problem, according to legendary blogger, economist, and best-selling author Tyler Cowen, is that Americans today have broken from this tradition - we're working harder than ever to avoid change.
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5 out of 5 stars
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MUST READ
- By RJW on 05-06-17
By: Tyler Cowen
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System Error
- Where Big Tech Went Wrong and How We Can Reboot
- By: Rob Reich, Mehran Sahami, Jeremy M. Weinstein
- Narrated by: Kaleo Griffith
- Length: 11 hrs and 28 mins
- Unabridged
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Overall4.5 out of 5 stars 63
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Performance4.5 out of 5 stars 53
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Story4 out of 5 stars 53
In no more than the blink of an eye, a naïve optimism about technology’s liberating potential has given way to a dystopian obsession with biased algorithms, surveillance capitalism, and job-displacing robots. System Error exposes the root of our current predicament - how big tech’s relentless focus on optimization is driving a future that reinforces discrimination, erodes privacy, displaces workers, and pollutes the information we get- and outlines steps we can take to change course, renew our democracy, and save ourselves.
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4 out of 5 stars
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Excellent on tech. Weak on political speech.
- By Kindle Customer on 11-05-21
By: Rob Reich, and others
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The White Man's Burden
- Why the West's Efforts to Aid the Rest Have Done So Much Ill and So Little Good
- By: William Easterly
- Narrated by: Mike Chamberlain
- Length: 14 hrs and 35 mins
- Unabridged
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Overall4.5 out of 5 stars 80
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Performance4.5 out of 5 stars 70
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Story4.5 out of 5 stars 70
In his previous book, The Elusive Quest for Growth, William Easterly criticized the utter ineffectiveness of Western organizations to mitigate global poverty, and he was promptly fired by his then-employer, the World Bank. The White Man's Burden is his widely anticipated counterpunch - a brilliant and blistering indictment of the West's economic policies for the world's poor.
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4 out of 5 stars
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A Bit Repetitive
- By Amazon Customer on 04-27-19
By: William Easterly
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Narrative Economics
- How Stories Go Viral and Drive Major Economic Events
- By: Robert J. Shiller
- Narrated by: Susan Osman, Robert J. Shiller - introduction
- Length: 11 hrs and 7 mins
- Unabridged
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Overall4 out of 5 stars 451
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Performance4 out of 5 stars 359
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Story4 out of 5 stars 357
Spread through the public in the form of popular stories, ideas can go viral and move markets - whether it's the belief that tech stocks can only go up or that housing prices never fall. Whether true or false, stories like these - transmitted by word of mouth, by the news media, and increasingly by social media - drive the economy by driving our decisions about how and where to invest, how much to spend and save, and more. But despite the obvious importance of such stories, most economists have paid little attention to them. Narrative Economics sets out to change that.
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3 out of 5 stars
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Such boring narration (returned)
- By William J Brown on 10-08-19
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50 Economics Classics
- Your Shortcut to the Most Important Ideas on Capitalism, Finance, and the Global Economy
- By: Tom Butler-Bowdon
- Narrated by: John Chancer
- Length: 15 hrs and 22 mins
- Unabridged
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Overall4.5 out of 5 stars 39
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Performance5 out of 5 stars 32
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Story5 out of 5 stars 32
Economics drives the modern world and shapes our lives, but few of us feel we have time to engage with the breadth of ideas in the subject. 50 Economics Classics is the smart person's guide to two centuries of discussion of finance, capitalism, and the global economy. From Adam Smith's Wealth of Nations to Thomas Piketty's best-seller Capital in the Twenty-First Century, here are the great books and seminal ideas, clarified and illuminated for all.
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The Sovereign Individual
- Mastering the Transition to the Information Age
- By: James Dale Davidson, Peter Thiel - preface, William Rees-Mogg
- Narrated by: Michael David Axtell
- Length: 19 hrs and 20 mins
- Unabridged
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Overall4.5 out of 5 stars 1,401
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Performance5 out of 5 stars 1,128
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Story4.5 out of 5 stars 1,123
Two renowned investment advisors and authors of the best seller The Great Reckoning bring to light both currents of disaster and the potential for prosperity and renewal in the face of radical changes in human history as we move into the next century. The Sovereign Individual details strategies necessary for adapting financially to the next phase of Western civilization.
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3 out of 5 stars
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Unfortunately distopian for mosty of humanity
- By Phil on 09-29-20
By: James Dale Davidson, and others
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Age of Discovery
- Navigating the Risks and Rewards of Our New Renaissance
- By: Ian Goldin, Chris Kutarna
- Narrated by: Mark Meadows
- Length: 11 hrs and 49 mins
- Unabridged
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Overall4.5 out of 5 stars 51
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Performance4.5 out of 5 stars 44
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Story4 out of 5 stars 45
Age of Discovery explores a world on the brink of a new Renaissance and asks: how do we share more widely the benefits of unprecedented progress? How do we endure the inevitable tumult generated by accelerating change? How do we each thrive through this tangled, uncertain time? From gains in health, education, wealth and technology to crises of conflict, disease and mass migration, the similarities between today's world and that of the 15th century are both striking and prophetic: we have been here before.
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1 out of 5 stars
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A monotonous text disguised as casual reading.
- By Rob on 07-29-16
By: Ian Goldin, and others
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The Undercover Economist
- By: Tim Harford
- Narrated by: Robert Ian Mackenzie
- Length: 10 hrs and 6 mins
- Unabridged
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Overall4 out of 5 stars 543
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Performance4 out of 5 stars 327
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Story4 out of 5 stars 325
Author of the extremely popular "Dear Economist" column in Financial Times, Tim Harford reveals the economics behind everyday phenomena in this highly entertaining and informative book. Can a book about economics be fun to read? It can when Harford takes the reins, using his trademark wit to explain why it costs an arm and a leg to buy a cappuccino and why it's nearly impossible to purchase a decent used car.
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4 out of 5 stars
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Everyone needs to know this.
- By Paul Norwood on 04-24-06
By: Tim Harford