The 'upper-income trap'

If we write about the "highest income trap" in the coming decades, rich economies will be bureaucracy, inflation, social instability, rents and anti-industrial sentiment .
“Because we explain, poorer companies may now be richer than the United States and growth is not expected to slow after the country's industrialization. But for some reason it seems like we're slowing down.
“The United States and all rich economies have great growth potential in rent seeking, anti-industrialism, inefficient governance and immigration, trade, catechesis, intellectual property, land use and research and development.

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