3 ms·
I think what they mean is closely related to the idea of trust as a kind of social capital. Economists have studied this. See http://en.wikipedia.org/wiki/Trust
by bdr 16y ago
I think what they mean is closely related to the idea of trust as a kind of social capital. Economists have studied this. See http://en.wikipedia.org/wiki/Trust_(social_sciences)#Economics http://en.wikipedia.org/wiki/Trust_(social_sciences)#Economi...
Essentially, "social trust benefits the economy and a low level of trust inhibits economic growth".
You're not going to open a store if you're pretty sure it's going to get robbed. Order doesn't have to mean bureaucracy.