Trust. Without it, Adam Smith’s invisible hand stays in its pocket; Keynes’s “animal spirits” are muted. “Virtually every commercial transaction has within itself an element of trust”, the Nobel Prize–winning economist Kenneth Arrow wrote in 1972.

Jerry Unseem

From ‘The End of Trust: Suspicion is Undermining the American Economy’ by Jerry Useem, Atlantic Magazine: https://www.theatlantic.com/magazine/archive/2021/12/trust-recession-economy/620522/

The Empathetic Museum. [@empatheticmuseum] (February 8, 2022). “Trust. Without it, Adam Smith’s invisible hand stays in its pocket; Keynes’s “animal spirits” are muted.” [Illustration, by Albert Tercero]. Instagram. https://www.instagram.com/empatheticmuseum/p/CZuoScav2AM/