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Archive for September 1st, 2008


Social Capital, Trust and FICO Scores

Written by: Bill Sherman on Monday, 1 September 2008, 6:00 AM

Francis Fukuyama, professor at Johns Hopkins, has defined social capital as “instantiated informal norm that promotes cooperation between two or more individuals.” These norms are cultural behaviors embedded that include concepts such as:

Honesty
The keeping of commitments
Reliable performance of duties
Reciprocity

Fukuyama looks at how these norms impact societies (a macro-level of nationhood). However, it’s also possible to [...]

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Posted in: Social Capital | Leave a Comment


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