Monday, December 20, 2004

The Company of Strangers: A Natural History of Economic Life

Link - We don't think about it much, but most of our day-to-day activities including our economic lives are dependent on our trust in complete strangers like seamstresses, bankers, pilots, and builders. Our agreement among strangers and institutions to divide labor has made modern life possible, but it is a remarkable occurrence in the context of human evolution, says author Paul Seabright, a Professor of Economics at the University of Toulouse, France.


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