Cambridge Journal of Economics Advance Access published online on October 24, 2007
Cambridge Journal of Economics, doi:10.1093/cje/bem039
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The foundations of trust: macro and micro
* University of Maryland, USA
Address for correspondence: Department of Government and Politics, University of Maryland–College Park, College Park, MD 20742, USA; email: euslaner{at}gvpt.umd.edu
This comment on Beugelsdijk's (2006) critique of trust and its measurement argues that it misses the mark, and that there is neither a theoretical nor an empirical foundation for thinking that the macro and micro foundations of trust or its measurement are different from each other. Generalised trust is more than a simple illusion hiding behind institutional structures.
Key Words: Trust Institutions Economic growth
JEL classifications: B40, O11, Z13