Growing trust to grow better coexistence
An essay on philosophy, law and economics helps explain an important concept for all
Trust, as the basis of good human relations, and also, on closer examination, the economy which becomes an instrument of development and well-being. A seemingly simple concept, trust deserves special attention, especially today in a time of digital confusion. This is what makes “Alle origini della fiducia: tra filosofia, diritto ed economia” (The origins of trust: from philosophy and law to economics) such an interesting read. The recent essay by Giordana Truscelli, Paolo D’Erasmo and Riccardo Merli discusses different but related aspects of the idea of trust and addresses some of the multiple implications of this concept at the philosophical, legal and economic levels.
A multidisciplinary approach, therefore, which seemed to the authors to be the only one capable of “transcending the now obsolete boundaries of individual scientific disciplines in order to grasp the meaning and direction of the transformations taking place”. Indeed, because like many of the cornerstones of civilised life, that of trust is often subject to a revision that risks becoming destructive.
In the first part of the essay, they examine trust from a philosophical point of view, but with a strong connection to the latest available technologies and thus to Artificial Intelligence, and try to answer exactly what the philosophical implications of this principle might be following the recent introduction of the European AI Act. The second part, on the other hand, explores the links between trust and control, and therefore between this and the rules of the legal system. In the final part, the authors then attempt to outline the ideas that legal and economic science can provide about the need to establish new relationships between this principle and the economic and social system.
Truscelli, D’Erasmo and Merli’s research is not an easy read, but it is certainly important for the creation of a correct production and business culture. Particularly interesting and important is one of the final paragraphs of the research: “Assuming, therefore, that trust cannot be generated or spread spontaneously, nor can it be imposed from above, it must be cultivated by means of prudent economic policies in synergy with an adequate regulatory system, functional to the stabilisation of expectations and, consequently, to the achievement of satisfactory objectives in terms of system efficiency and the growth of legal culture”. In other words, building trust through shared and recognised rules.
Alle origini della fiducia: tra filosofia, diritto ed economia
Giordana Truscelli, Paolo D’Erasmo, Riccardo Merli (University of Teramo)
Rivista trimestrale di scienze dell’amministrazione, 4/2024
An essay on philosophy, law and economics helps explain an important concept for all
Trust, as the basis of good human relations, and also, on closer examination, the economy which becomes an instrument of development and well-being. A seemingly simple concept, trust deserves special attention, especially today in a time of digital confusion. This is what makes “Alle origini della fiducia: tra filosofia, diritto ed economia” (The origins of trust: from philosophy and law to economics) such an interesting read. The recent essay by Giordana Truscelli, Paolo D’Erasmo and Riccardo Merli discusses different but related aspects of the idea of trust and addresses some of the multiple implications of this concept at the philosophical, legal and economic levels.
A multidisciplinary approach, therefore, which seemed to the authors to be the only one capable of “transcending the now obsolete boundaries of individual scientific disciplines in order to grasp the meaning and direction of the transformations taking place”. Indeed, because like many of the cornerstones of civilised life, that of trust is often subject to a revision that risks becoming destructive.
In the first part of the essay, they examine trust from a philosophical point of view, but with a strong connection to the latest available technologies and thus to Artificial Intelligence, and try to answer exactly what the philosophical implications of this principle might be following the recent introduction of the European AI Act. The second part, on the other hand, explores the links between trust and control, and therefore between this and the rules of the legal system. In the final part, the authors then attempt to outline the ideas that legal and economic science can provide about the need to establish new relationships between this principle and the economic and social system.
Truscelli, D’Erasmo and Merli’s research is not an easy read, but it is certainly important for the creation of a correct production and business culture. Particularly interesting and important is one of the final paragraphs of the research: “Assuming, therefore, that trust cannot be generated or spread spontaneously, nor can it be imposed from above, it must be cultivated by means of prudent economic policies in synergy with an adequate regulatory system, functional to the stabilisation of expectations and, consequently, to the achievement of satisfactory objectives in terms of system efficiency and the growth of legal culture”. In other words, building trust through shared and recognised rules.
Alle origini della fiducia: tra filosofia, diritto ed economia
Giordana Truscelli, Paolo D’Erasmo, Riccardo Merli (University of Teramo)
Rivista trimestrale di scienze dell’amministrazione, 4/2024