February 20 2014

FEEM Re3: "Money Creation: The Role of Trust for Public Happiness and Sustainable Growth"

The article by Nicola Genovese and Maria Grazia La Spada, University of Messina, discusses the creation of money in primitive populations at the beginning of economic activity, within a social environment where interpersonal trust, reciprocity and moral principles were prevalent. The analysis highlights the need to create a social environment based on these values for obtaining public happiness and sustainable development.

Fondazione Eni Enrico Mattei

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