Why the “Trust First Economy” Isn’t New
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Nobel Laureate Kenneth Arrow once said that every economic transaction carries an element of trust. Decades later, that truth remains—but in today’s climate, global trust levels are declining. In this episode, we examine what’s driving the erosion of trust and why it matters more than ever in business and finance.
From the rise of supranational surveillance agreements like FATCA, CRS, and CARF, to the pressures in tax and wealth management, we explore how the trust gap has created a crisis for service providers—and why the “tax entertainment industry” is booming as a result.
What You’ll Learn in This Episode:
- Why trust has always been the foundation of economic exchange.
- How global trust levels are shifting—and why it matters.
- The role of governments and supranational surveillance agreements (FATCA, CRS, CARF)
- Why trust is at a crisis point in tax and wealth management services.
- How the popularity of the “tax entertainment industry” reflects deeper systemic issues
Why Listen:
If you work in finance, tax, or wealth management—or you simply want to understand why trust is the invisible currency of our economy—this episode offers fresh insight into one of today’s most urgent global challenges.
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