Personal and Impersonal Exchange, Trust and Growth
Paul J. Zak
Claremont Graduate University - Center for Neuroeconomics Studies
May 15, 2010
Gruter Institute Squaw Valley Conference 2010: Law, Institutions & Human Behavior
In this talk, I walk through the evolution of exchange, from trades in small kin-based tribes to the global trade in the modern economy. The focus is on the co-evolution of human biology and institutions that have resulted in spectacular increases in human welfare over the past century for much, though not all, of the world.
working papers series
Date posted: May 15, 2010
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