The Company of Strangers
A Natural History of Economic Life - Revised Edition
by:
Paul Seabright
in:
Economics
Summary:
The book explores the evolution of human societies, examining how our species has developed complex systems of cooperation and trust that allow us to engage in economic activities with strangers. It delves into the biological and sociological roots of these interactions, revealing the intricate networks and institutions that underpin modern economic life.
Key points:
1. Trust with Strangers: Seabright says modern economies rely on trusting people we don't know, supported by institutions, culture, and social rules.
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