「The inability of societies to develop effective, low-cost enforcement of contracts is the most important source of both historical stagnation and contemporary underdevelopment in the Third World.」- 道格拉斯·诺斯经典语录

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The inability of societies to develop effective, low-cost enforcement of contracts is the most important source of both historical stagnation and contemporary underdevelopment in the Third World.

💡 解读: 社会无法发展出有效、低成本的合同执行机制,是历史上停滞和当代第三世界欠发达的最重要根源。
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