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The Foundations of Trust: Trading in Promises: Book One by Raymond A. Anderson
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The Foundations of Trust Quotes Showing 1-4 of 4

“The law recognised that intelligence [information] decays—like radioactive waste, but faster.”
― Raymond A. Anderson, The Foundations of Trust: Trading in Promises: Book One

tags: credit-reporting, data, humour, information, intelligence, law, memory, privacy, regulation, relevance

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“Barter, for all its rustic charm, was a logistical nightmare: fish spoiled before anyone fancied them, and goats refused to fit neatly into baskets. Time was the enemy and smell its ally.”
― Raymond A. Anderson, The Foundations of Trust: Trading in Promises: Book One

tags: barter, commerce, economic-history, economics, exchange, humour, logistics, markets, money, trade

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“Credit began as a human relationship before it became a financial one. We trusted each other before anybody tried to explain why.”
― Raymond A. Anderson, The Foundations of Trust: Trading in Promises: Book One

tags: credit, finance, history, human-relationships, trust

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“Villages may function on reputation alone; empires require paperwork.”
― Raymond A. Anderson, The Foundations of Trust: Trading in Promises: Book One

tags: bureaucracy, empire, institutions, reputation, trust

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