Sunday, December 6, 2015
The dark side of being trusting
We've talked about this a little bit in class, in the sense that there needs to be some bonding experience up front for trust to be created. But we never asked what a sufficient bonding experience looks like, and what happens when we make mistakes and start trusting too early. The linked piece is a good read, in part because it shows we are all potentially at risk of being scammed by somebody else. Incidentally, the second sentence in the paragraph below gives some insight as to why Economics is sometimes referred to as "The Dismal Science."