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24 sats \ 3 replies \ @SimpleStacker 20 Jul \ on: Bad people make good money a hard problem. bitcoin
There's an entire literature showing how societies with more trustworthy people fare better because there are less frictions associated with mitigating bad behavior
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0 sats \ 1 reply \ @Fabs 21 Jul
Can you throw some titles?
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14 sats \ 0 replies \ @SimpleStacker 22 Jul
Yes, here's a review paper: https://www.aeaweb.org/articles?id=10.1257/jep.20.2.23
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0 sats \ 0 replies \ @Bell_curve 21 Jul
Singapore comes to mind
South Korea and Japan are high trust societies but they still struggle with fiscal and monetary matters.
They also are below replacement fertility rates. By 2050 there will be too many teachers and pediatricians!
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