Democracy Believers Were Wrong

The costs of a changing society are not always captured by conventional economic measures. Consider the time spent verifying agreements, the additional precautions people take, or the growing importance of personal networks when confidence in impersonal institutions declines. Each may seem insignificant in isolation. Together, they can affect how people work, cooperate, and plan for the future. 
My new video explores the hidden importance of social trust and why its deterioration can change the experience of everyday life.
Out soon, and as always, thanks so much for sticking with me. It is very much appreciated and I hope your week goes well.
Be well.