Here's my "secret" I believe to be true. Rule of law makes countries rich. Rule of law foster cooperation and trust in societies. People can trust authorities and each other. Democracies don't foster trust. Instead, they ferment disrespect and corruption. Politicians make law to gain vote. They don't care about long term consequences. They want pork for their district, not efficient funding. That lead to distrust, fe…
> Rule of law makes countries rich. Rule of law foster cooperation and trust in societies. People can trust authorities and each other. I don't think that part of your thesis is too controversial. The big idea of common law, for example, is that courts try to make their decisions reasonably consistent with previous decisions, not because they think that this will necessarily lead to the best decisions each time, but…
My big problem with the legislative branch is that they love to make law and they do so recklessly. This bypass any attempt at making laws consistent and predictable or any attempt to figure out whether those laws are any good.