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502. Fraud, Cybernetics, and the Architecture of Unaccountability with Dan Davies

unSILOed with Greg LaBlanc

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Trust, Fraud, and Information Dynamics

This chapter explores the intricate relationship between trust and fraud within economic systems, suggesting that high fraud rates may paradoxically point to a robust foundation of trust. It compares various economic environments, such as Canada's high-trust economy and China's financial practices, while discussing the implications for accountability and business opportunities. Additionally, the chapter examines the historical disconnect between economics and information theory, advocating for a renewed focus on information management in business education.

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