Reading this article reminds me of an econ classes I took in college, developmental economics, where we studied what metrics are correlated with long-term econo

Reading this article reminds me of an econ classes I took in college, developmental economics, where we studied what metrics are correlated with long-term economic growth. Of course we looked at things like education rates and technological advances, but surprisingly we looked at trust as well. Interestingly sociological measures of trust had a tighter correlation with long-term economic growth than anything else we looked at. If contracts are not trusted to be honored or enforced then business activity breaks down.