A recent study from Stanford Graduate School of Business highlights how the erosion of trust in institutions could pose a significant threat to America’s long-term economic stability. The research suggests that declining confidence among the public may lead to reduced consumer spending, hesitancy in business investments, and increased volatility in financial markets. Trust, as outlined in the report, plays a foundational role in economic transactions and policy effectiveness. When trust erodes, cooperation diminishes, and uncertainty rises, potentially triggering broader economic consequences. The findings underscore the importance of rebuilding institutional credibility to sustain economic resilience in the years ahead.
— news from Stanford Graduate School of Business
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Why the Erosion of Trust Could Shake America’s Economic Stability Stanford Graduate School of Business
Why the Erosion of Trust Could Shake America’s Economic Stability Stanford Graduate School of Business