Fun fact: America got rich by being boring. America never went through periods of rapid GDP per capita growth like you see with China. Instead, it’s rich because it has grown at a consistent 2% almost continuously for 200 years, minus a couple of blips before/after the civil war and great depression: https://www.aei.org/carpe-diem/theres-one-thing-we-can-alway...

Boring, high trust societies are conducive to risk taking. High trust reduces transaction costs. And people are more likely to take risks when they can trust the system under their feet is orderly, stable, and trustworthy.