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Old 01-18-2013, 11:41 AM   #48
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Quote:
Originally Posted by BucEyedPea View Post
Yeah, I just looked it up. It was a chapter titled Natural Law and Economic Prosperity. This gets compared to Civil/Roman Law ( dominant through most history) Much of the world moved in the direction toward Natural Law since the Magna Carta up to the Great Depression. After 1776, America was the leader of this trend. Such countries are the most prosperous, have the largest middle-classes and investment opportunities. But things have moved in the direction of Civil/Roman law since. This would include positivist laws. ( many of our lawyers). There's also colonial law, English common law, Islamic law, Jewish law, Christian law and few other types mixed in. The ones with the least amount of natural law are the riskiest. More corruption follows too.
That is interesting. It's something that makes sense to me intuitively but I've never seen the data.
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