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Concluding Remarks: The Economy of Trust Generates Value

In: John Maynard Keynes and the Economy of Trust: The Relevance of the Keynesian Social Thought in a Global Society

Author

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  • Donatella Padua

    (Università per Stranieri di Perugia)

Abstract

The concept of ‘Economy of Trust’ has shown how trust, being an insuppressible instinct of the human condition, cannot vanish; it rather channels spontaneously towards entities of various origin. Padua introduces three different models of Economy of Trust: The Deregulated model; The Centralized model; The Selective model. This latter represents a moderate form of the Keynesian model of socialization as it allows the channelling of trust towards institutional bodies that are responsible for institutional trustworthiness, coordinating the national level with the international. This model would help the execution of five typologies of intervention to establish or re-establish trust in an economic and social context: Generating positive stories; Granting equity; Supporting trust in the state of credit; Determining the risk price; Entailing the sense of responsibility in media.

Suggested Citation

  • Donatella Padua, 2014. "Concluding Remarks: The Economy of Trust Generates Value," Palgrave Macmillan Books, in: John Maynard Keynes and the Economy of Trust: The Relevance of the Keynesian Social Thought in a Global Society, pages 103-113, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-137-46723-2_6
    DOI: 10.1057/9781137467232_6
    as

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