Earlier quoted context omitted.
One of my pet theories is that economic growth is surprisingly poorly correlated to economic or social systems except for one thing: Stability. Bring stability, and people learn the mechanisms that works for their society, and overcome surprisingly large differences in type of obstacles. Be it dealing with the vagaries of the free market, or how to maneuver a Soviet-style bureaucracy. It's in fact almost depressing h…
“In Italy for thirty years under the Borgias they had warfare, terror, murder and bloodshed but they produced Michelangelo, Leonardo da Vinci and the Renaissance. In Switzerland, they had brotherly love; they had five hundred years of democracy and peace and what did that produce? The cuckoo clock.” - Orson Welles, The Third Man, 1949 Ancient Greece was also exceptionally politically unstable and yet produced the fou…
At least that's something I could hang on my wall.