Thomas L. Friedman Quote
Where trust is prevalent, he explained, groups and societies can move and adapt quickly through many informal contracts. By contrast, people who do not trust one another will end up cooperating only under a system of formal rules and regulations, which have to be negotiated, agreed to, litigated, and enforced, sometimes by coercive means, wrote Fukuyama. It
Thomas L. Friedman
Where trust is prevalent, he explained, groups and societies can move and adapt quickly through many informal contracts. By contrast, people who do not trust one another will end up cooperating only under a system of formal rules and regulations, which have to be negotiated, agreed to, litigated, and enforced, sometimes by coercive means, wrote Fukuyama. It
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