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On Being with Krista Tippett

Paul Zak — The Science of Trust: Economics and Virtue

On Being with Krista Tippett

On Being Studios

Sociology, Spirituality, Religion & Spirituality, Krista Tippett, Arts, Culture, On Being, Society, Society & Culture, Science, Social Sciences

4.710.2K Ratings

🗓️ 9 July 2009

⏱️ 52 minutes

🧾️ Download transcript

Summary

In a few breathtaking months, we’ve culturally moved from seeing Wall Street as an icon of thriving civil society to discussing its workings with book titles like “House of Cards” and “Animal Spirits.” As part of our ongoing Repossessing Virtue series, we look at what science is learning about trust, fair play, and empathy — and what these qualities have to do with human character and economics.

Transcript

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0:00.0

I'm Krista Tippett, today the science of trust, economics and virtue.

0:10.1

My guest, Paul Zach, is a leader in the emerging field of neuro-economics.

0:14.6

He helps explain how circumstances can dampen the human inclination towards moral behavior.

0:20.6

But he also studies how human and economic interactions are driven by trust and says that

0:26.0

can be measured and nourished biochemically.

0:29.4

� it's our human creations and they reflect our own human nature and in the kind of decentralized

0:35.9

economies we live in, it is based on trust and faith and belief and that's a good thing.

0:41.9

I think it recognizes human dignity, it recognizes that most human beings in most situations

0:46.8

are moral creatures and we can trust people to reciprocate most of the time and most

0:52.5

of our societies are built around that, civilizations are built around that, certainly democracy

0:55.8

is built around that.

0:57.2

This is speaking of faith, stay with us.

1:00.2

This public radio podcast is supported by the Fetzer Institute as part of its campaign

1:04.8

for love and forgiveness online at loveandforgive.org.

1:08.8

I'm Krista Tippett.

1:10.4

In a few breathtaking months we've culturally moved from seeing Wall Street as an icon

1:15.2

of thriving civil society to analogizing its workings with book titles like House of

1:20.7

Cards and Animal Spirits.

1:23.7

This hour as part of our ongoing series repossessing virtue, we'll look at what science is

1:29.2

learning about trust, fair play and empathy and what these qualities have to do with human

1:34.4

character and economics.

1:36.6

My guest, Paul Zach, is a pioneer in the emerging field of neuro-economics.

...

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