Do you believe that most people can be trusted? Or that you need to be very careful in dealing with people?
In general, there is a positive correlation between trust and economic well-being. It’s likely a two-way street: the more you trust your fellow human beings, the more you are willing to buy what others sell, invest in assets in your community, and take risks—which leads to economic growth. And as the economy grows and increases your own buying power and personal wealth, you have more faith in people and society around you.
In the U.S., there is evidence that trust in other people is declining. It is also declining for a broad range of institutions: the government, religion, and business. Why do you think this has happened?
And what, if any, consequences will this have upon future U.S. economic strength?