Today there is much talk of a 'crisis of trust'; a crisis which is almost certainly genuine, but usually misunderstood. Trust: A History offers a new perspective on the ways in which trust and distrust have functioned in past societies, providing an empirical and historical basis against which the present crisis can be examined, and suggesting ways in which the concept of trust can be used as a tool to understand our own and other societies. Geoffrey Hosking argues that social trust is mediated through symbolic systems, such as religion and money, and the institutions associated with them, such as churches and banks. Historically these institutions have nourished trust, but the resulting trust networks have tended to create quite tough boundaries around themselves, across which distrust is projected against outsiders. Hosking also shows how nation-states have been particularly good at absorbing symbolic systems and generating trust among large numbers of people, while also erecting distinct boundaries around themselves, despite an increasingly global economy. He asserts that in the modern world it has become common to entrust major resources to institutions we know little about, and suggests that we need to learn from historical experience and temper this with more traditional forms of trust, or become an ever more distrustful society, with potentially very destabilising consequences.

An enormous amount of literature exists on Greek law, economics, and political philosophy. Yet no one has written a history of trust, one of the most fundamental aspects of social and economic interaction in the ancient world. In this fresh look at antiquity, Steven Johnstone explores the way democracy and markets flourished in ancient Greece not so much through personal relationships as through trust in abstract systems—including money, standardized measurement, rhetoric, and haggling. Focusing on markets and democratic politics, Johnstone draws on speeches given in Athenian courts, histories of Athenian democracy, comic writings, and laws inscribed on stone to examine how these systems worked. He analyzes their potentials and limitations and how the Greeks understood and critiqued them. In providing the first comprehensive account of these pervasive and crucial systems, A History of Trust in Ancient Greece links Greek political, economic, social, and intellectual history in new ways and challenges contemporary analyses of trust and civil society.

The bestselling author of The End of History explains the social principles of economic life and tells readers what they need to know to win the coming struggle for global economic dominance.

This is the first comprehensive history of the Rhodes Trust, based on documentation in the relevant constituencies as well as on the archives of the Trust. At his death, the British imperialist and entrepreneur Cecil Rhodes left a substantial fortune to be administered by Trustees. In the century since his death, the Trust has funded the system of international Rhodes Scholarships set out in his will, enabling more than 6,000 scholars from over thirty countries to study at Oxford University.

The impact of antitrust law on sports is in the news all the time, especially when there is labor conflict between players and owners, or when a team wants to move to a new city. And if the majority of Americans have only the vaguest sense of what antitrust law is, most know one thing about it-that baseball is exempt. In The Baseball Trust, legal historian Stuart Banner illuminates the series of court rulings that resulted in one of the most curious features of our legal system-baseball's exemption from antitrust law. A serious baseball fan, Banner provides a thoroughly entertaining history of the game as seen through the prism of an extraordinary series of courtroom battles, ranging from 1890 to the present. The book looks at such pivotal cases as the 1922 Supreme Court case which held that federal antitrust laws did not apply to baseball; the 1972 Flood v. Kuhn decision that declared that baseball is exempt even from state antitrust laws; and several cases from the 1950s, one involving boxing and the other football, that made clear that the exemption is only for baseball, not for sports in general. Banner reveals that for all the well-documented foibles of major league owners, baseball has consistently received and followed antitrust advice from leading lawyers, shrewd legal advice that eventually won for baseball a protected legal status enjoyed by no other industry in America. As Banner tells this fascinating story, he also provides an important reminder of the path-dependent nature of the American legal system. At each step, judges and legislators made decisions that were perfectly sensible when considered one at a time, but that in total yielded an outcome-baseball's exemption from antitrust law-that makes no sense at all.

The failproof way to pass along your estate to your heirs without lawyers, courts, or the probate system.