Home
/
RELIGION & LIBERTY ONLINE
/
Why being able to trust strangers leads to prosperity
Why being able to trust strangers leads to prosperity
Oct 28, 2025 5:31 PM

My mother would be mortified by my behavior.

Since before I could walk she warned me about “stranger danger”: Don’t get into a car with strangers; don’t accept candy from strangers; don’t’ go into a strangers house, etc.

What would she think if she knew I had taken an Uber to an Airbnb?

Growing up in the 1970s parents and teachers drilled into my young brain the idea that the most dangerous people in the world (aside from Commies) were “strangers.” People that you didn’t know were out to do you harm, so just stay away from them. The message took sunk in; I became leery of any interactions with people I didn’t know. Even as an adult I maintained the impression that when I walked out my front door I was entering a low-trust environment.

So it was with some hesitancy that I took my first Uber. But when I did a new world opened up to me. It wasn’t just a ride with a stranger (I had, after all, been in a taxi before) it was an expansion of my “circle of trust.” As economist Tim Hartford says, “One of the underrated achievements of the modern world has been to develop ways to extend the circle of trust by depersonalising it.”

Trusting strangers not only makes my life easier, it makes our country more prosperous. Hartford adds,

Steve Knack, an economist at the World Bank with a long-standing interest in trust, once told me that if one takes a broad enough view of trust, “it would explain basically all the difference between the per capita e of the United States and Somalia”. In other words, without trust — and its plement, trustworthiness — there is no prospect of economic development.

Simple activities e arduous in a low-trust society. How can you be sure you won’t be robbed on the way to the corner store? Hire a bodyguard? (Can you trust him?) The watered-down milk is in a locked fridge. As for something plex like arranging a mortgage, forget about it.

Prosperity not only requires trust, it also encourages it.

Read more . . .

Comments
Welcome to mreligion comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
RELIGION & LIBERTY ONLINE
Government Jobs and Social Uplift
In the Nov/Dec issue of Touchstone, I have a piece on the issue of whether government jobs can act as a lever for opportunity and social mobility. My answer is a highly qualified “yes” with a number of cultural caveats. Love to get reactions from the munity. The good people at Touchstone published this one online. You can read it here. Here’s a teaser: The question is whether the modern liberal approach to improving the quality of citizens’ lives by...
Ladies, let’s take our dignity to the voting booth
In 1920, millions of American women exercised their right to vote for the first time. It was the culmination of decades of work by women from varying backgrounds and just as varied goals. However, they all shared a vision that women should be part of the political process in the United States. One woman was Susan B. Anthony. Described passionate and having a keen mind, she was a fierce abolitionist and led the legal crusade to allow women to keep...
“Integral Human Development” Deadline Approaches
For next spring’s issue of the Journal of Markets & Morality, we’ve planned a special issue devoted to the theme “Integral Human Development,” guest edited by Peter Heslam and Manfred Spieker. The deadline for submissions is December 1, a month away as of today. Details about submission procedures can be found on the JMM website. Check out the full CFP at the site as well, and consider the following from Caritas in Veritate: In the present social and cultural context,...
ResearchLinks – 11.02.12
Encyclopedia Entry: “Arts” Tyler Cowen. The Concise Encyclopedia of Economics. 2d ed. Indianapolis: Liberty Fund, 2007. General economic principles govern the arts. Most important, artists use scarce means to achieve ends—and therefore recognize trade-offs, the defining aspects of economic behavior. Also, many other economic aspects of the arts make the arts similar to the more typical goods and services that economists analyze. Article: “Freedom — A Suggested Analysis” Lon L. Fuller. “Freedom — A Suggested Analysis.” Harvard Law Review 68,...
The Mormon Ethic and the Spirit of Capitalism
In The New Republic, historian Jackson Lears explores the transition from munitarianism to 20-century capitalist boosterism in Mormon culture: The assumption behind much of the “Mormon moment” chatter is that Mormons are especially suited for success in the brave new world of unregulated capital: tanned, rested, and ready. Their abstention from alcohol and caffeine keeps them healthy. Their self-discipline, stemming from missionary work and a strict code of personal morality, strengthens their capacity pete in a global marketplace. Their attachment...
New York Times and Flat-Earth Economics: Does Government Create Jobs?
Washington Post columnist Robert Samuelson says everyone seems to understand that the private sector creates jobs. Everyone, that is, except the New York Times. Samuelson calls the Times’ decree of government job creation “simplistic” and that it has a “flat-earth quality”. He explains that if the government adds jobs – expands government – es at taxpayer expense. But if the people whose money is taken via taxation or borrowing had kept the money, they would have spent most or all...
Report: Court Backs Catholic Business Owner vs. Obamacare Mandate
According to an article from the Chicago Tribune, U.S. District Judge Robert Cleland, in a ruling late Wednesday, temporarily blocked the government from forcing the owner of Weingartz Supply Company to include contraception in its health coverage of employees. The ruling only affects pany’s proprietor … but it opens the door for other firms to seek relief on religious grounds. Read the story: here. Tune in tomorrow, Friday, Nov. 2, at 9:00 a.m. Eastern, for a free discussion, “From a...
Orthodox Thoughts on the 2012 Election
V. Rev. Paul Jannakos offers an Orthodox perspective on the ing election: As Orthodox Christians we bear witness to Christ in all dimensions of life. This includes participation in civic life, where as citizens of this country we elect into office those who aspire towards the work of public service on both the local and federal levels. We do not deny that the democratic electoral process is a wonderful gift given to us as citizens of the United States. We...
How to Explain the Entitlement Crisis to an 8-Year-Old
Based on Nicholas Eberstadt’s book, A Nation of Takers, this Seussian video depicts the dangerous dependency of entitlements and the importance of liberty. (Via: Values & Capitalism) ...
Always Reforming, Without Tarrying
Today is Reformation Day, and I wanted to pass along a quote that I have found to embody a valuable perspective about the imperative to always be seeking reform of one’s own life and manners, without needing to tarry for broader social or political change. The quote appears in the newly-published translation of a work by the Dutch Reformed theologian Herman Bavinck, The Christian Family, which originally appeared in 1908. The point of departure is his exploration of the institution...
Related Classification
Copyright 2023-2025 - www.mreligion.com All Rights Reserved