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Curriculum Culture, Trust & the Economy

Culture, Trust & the Economy

How trust, social norms, networks, religion, festivals, language and honesty shape economic life - with experiments that reveal how people really behave.

  1. Trust and Prosperity Why societies where people trust each other tend to be richer, how economists measure trust, and why it matters for markets. 📄 Read-aloud
  2. Does Culture Affect Economic Growth? The long debate over whether cultural values explain why some societies grew richer, from Max Weber's Protestant ethic to modern evidence. 📄 Read-aloud
  3. Social Capital How networks, relationships and community ties act as a form of capital that helps people and communities get things done. 📄 Read-aloud
  4. How Social Norms Shape Economic Choices How unwritten rules about what others do and expect influence decisions about work, saving and spending, and how correcting misperceptions can change behaviour. 📄 Read-aloud
  5. Religion and the Economy How religious beliefs, institutions and practices influence economic life, from finance rules to charitable giving and pilgrimage economies. 📄 Read-aloud
  6. The Economics of Festivals How festivals like Diwali and the Kumbh Mela create huge bursts of spending and activity, and their economic benefits and costs. 📄 Read-aloud
  7. Culture, Trust & the Economy: Checkpoint 1 Quick checkpoint - five questions on trust, culture, social capital, norms and religion. 5 questions
  8. Community Networks in Business How trading communities and kinship networks help members get credit, jobs and business contacts, and the downsides of network-based economies. 📄 Read-aloud
  9. Language and Economic Life How the languages people speak affect their jobs and earnings, the value of English in India, and the economics of multilingual societies. 📄 Read-aloud
  10. Cooperation, Reciprocity and Public Goods Games What experiments reveal about when people cooperate for the common good, and how punishment and reciprocity sustain cooperation. 📄 Read-aloud
  11. Why Corruption Persists: Norms and Expectations How expectations about what others do can keep corruption entrenched, what a famous study of diplomats' parking tickets revealed, and how norms can shift. 📄 Read-aloud
  12. Honesty: The Lost Wallet Experiment What a huge experiment across 40 countries revealed about honesty, including the surprising finding that people return wallets more often when they contain more money. 📄 Read-aloud
  13. The Economics of Gift Giving Whether gifts destroy value, as one famous economics paper argued, or create value through relationships and signalling. 📄 Read-aloud

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