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Quote by Francis Fukuyama

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Trust: the social virtues and the creation of prosperity

Trust: the social virtues and the creation of prosperity is a comprehensive examination of the importance of trust in social and economic contexts. The book delves into the various social virtues that underpin trust and analyzes how these virtues can lead to greater prosperity. It investigates the mechanisms through which trust is established and maintained, and offers insights into the benefits of a trusting society. more

Author

Francis Fukuyama
Francis Fukuyama

Francis Fukuyama is a distinguished political scientist known for his contributions to political philosophy and international relations. His 1992 book, 'The End of History and the Last Man,' is a seminal work that argues for the culmination of political and ideological evolution in liberal democracy. Born on October 27, 1952, Fukuyama has a Ph.D. from Harvard University and has held academic positions at several leading institutions. more

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“There should be perfect freedom, legal and social, to do the action and stand the consequences. It would be a great misunderstanding of this doctrine to suppose that it is one of selfish indifference, which pretends that human beings have no business with each other's conduct in life, and that they should not concern themselves about the well-doing or well-being of one another, unless their own interest is involved.”

“The trouble with conspiracies, even those that are to everybody's advantage in the long run, is that they are open to abuse. If manipulators really had the powers claimed, they could win the lottery every week. I prefer to point out that they could also win a Nobel Prize for discovering fundamental physical forces hitherto unknown to science.”

“Opportunism is self interest seeking with guile often involving subtle forms of deceit, especially calculated efforts to mislead, distort, disguise, obfuscate, or otherwise confuse. This vastly complicates the problems of economic organisation. Plainly if it were not for opportunism all behaviour could be rule governed”