John Maynard Keynes and the Economy of Trust

Why does trust collapse in times of crisis? And when, instead, does it become a driver of growth, generating value? Through a sociological interpretation of the thought of John Maynard Keynes, Padua introduces the innovative concepts of Economy of Trust and Nominal Economy within the context of the 2008 financial crisis.

'This text highlights very convincingly the original sociological approach and innovative concepts of "Economy of trust" and "Nominal economy". I would recommend it to political and economic institutions besides students.' - Carlo Andrea Bollino, Professor of Economics, University of Perugia

Autorentext
Donatella Padua has a PhD in Science of Education and is Adjunct Professor of Sociology and of Methods of Analysis of the Complex Society at the University for Foreigners of Perugia, Italy. She is also Scientific Director of the Intelligent Positioning Research Centre, UK. She has a Degree in Business Administration from the University of Rome, La Sapienza, Italy.

Inhalt
Preface 1. Introduction PART I: COMPLEXITY 2. Keynes, The 'Economist Of Complexity' 3. Environmental Complexity 4. Nominal Economy Vs. Real Economy PART II: TRUST 5. Classical Rationality And Keynesian Irrationality 6. The Elements Of Trust 7. Trust; Confidence; 'Rational Trust' 8. The Role Of Emotions 9. Trust In Social Systems PART III: VALUE 10. The Economy Of Trust In The Global Crisis 11. Uncertainty 12. Irrationality 13. Speculation 14. Complexity 15. Stories PART IV: DEVELOPMENT 16. Growth And Development 17. Redistribution, Equity, Trust 18. The Keynesian 'Civilization' Concluding Remarks The Economy Of Trust Generates Value