Tagged: social capital

Social capital isn’t an unadulterated good - The Dismal Science

Eric Crampton Nov 12, 2013

The same trust and cooperation that can yield great things in civil society in provision of public goods also facilitates group norms punishing cartel defectors and reducing criminals' likelihood of giving evidence against co-conspirators.McSweeney's seemed to be channeling an excellent old Cowen and Sutter piece this week [HT: BK Drinkwater]. Here's McSweeney's:OK, let’s sit and think about this … Read More