12 - 2 - What Is Culture And Why Do We Care

Category
Culture
Description
" The reason we care about culture, and here's a quote from Ken Arrow, who's a Nobel Prize winning economist, is when you think about how the economy works, how political systems work, how society works, it's all mediated through these social exchanges, so as Arrow says in this quote, that a lot of economic backwardness can be explained by lack of mutual confidence, so lack of trust. So one of the things that we've seen in cultures is different levels of trust. And different levels of trust have huge implications for how well political, economic, social, and religious institutions are gonna perform in terms of meeting the needs of the citizens." - Transcript from Scott Page Coursera
Person
Resource Datasbase
Source
Scott Page Model Thinking MOOC Course