The academics have helped show why societies with “poor rule of law and institutions that exploit the population do not generate growth or change for the better,” the Nobel committee said, demonstrating the “importance of societal institutions for a country’s prosperity.”

Yes, totalitarianism, socialism and communism, all backed by force do not do as well as a rules and laws based societies that are backed by individual choices. How many times have we seen that force does not make a very good background for improving conditions? Are we seeing this theory being tested in the real world of the USA right now?