The Trust Revolution: How the Digitization of Trust Will Revolutionize Business and Government

While conventional wisdom dictates that people's trust – in the government, in corporations, in each other - is at a historic low, the rise of the Internet is offering new ways to rehabilitate and strengthen trust. Uber is probably the best example of a new company that, on the surface, allows individuals with smartphones to get rides with strangers, but at a deeper level is in the business of trust. In The Trust Revolution, M. Todd Henderson and Salen Churi trace the history of innovation and trust, linking companies such as Uber with medieval guilds, early corporations, self-regulatory organizations, and New-Deal era administrative agencies. This book should be read by anyone who wants to understand how trust - and its means of creation - has the potential not only to expand opportunities for human cooperation, but also to reduce the size and scope of government and corporate control over our lives.

M. Todd Henderson is Michael J. Marks Professor of Law at the University of Chicago. He has written dozens of articles and books on law and regulation. He serves as an advisor to several start-up companies and a venture capital fund. Henderson has worked as an engineer, a law clerk, an appellate lawyer, and a management consultant.

Salen Churi is founder and partner at Trust Ventures, a venture capital fund that invests in and supports startups operating in heavily-regulated industries. Previously, he was a professor at the University of Chicago Law School. Prior to teaching, he worked as a corporate attorney at Kirkland & Ellis and Sidley Austin.