“Cultures that promote the rule of law, rather than arbitrary powers exercised by leaders, have increasingly been recognized as major factors promoting economic development. So too are cultures where honesty is highly valued in both principle and practice. International studies of nations ranked high and low in honesty repeatedly show that the most corrupt nations are almost invariably ranked among the poorest, even when they have rich natural resources, because pervasive corruption can make it too risky to make the large investments required to develop natural resources.” – Thomas Sowell
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