Countries with greater wealth and natural resource endowments adapt more efficiently than those with less.
Not exact matches
[16:00] Pain + reflection = progress [16:30] Creating a meritocracy to draw the best out of everybody [18:30] How to raise your probability of being right [18:50] Why we are conditioned to need to be right [19:30] The neuroscience factor [19:50] The habitual and environmental factor [20:20] How to get to the other side [21:20]
Great collective decision - making [21:50] The 5 things you need to be successful [21:55] Create audacious goals [22:15] Why you need problems [22:25] Diagnose the problems to determine the root causes [22:50] Determine the design for what you will do about the root causes [23:00] Decide to work
with people who are strong where you are weak [23:15] Push through to results [23:20] The loop of success [24:15] Ray's new instinctual approach to failure [24:40] Tony's ritual after every event [25:30] The review that changed Ray's outlook on leadership [27:30] Creating new policies based on fairness and truth [28:00] What people are missing about Ray's culture [29:30] Creating meaningful work and meaningful relationships [30:15] The importance of radical honesty [30:50] Thoughtful disagreement [32:10] Why it was the relationships that changed Ray's life [33:10] Ray's biggest weakness and how he overcame it [34:30] The jungle metaphor [36:00] The dot collector — deciding what to listen to [40:15] The wanting of meritocratic decision - making [41:40] How to see bubbles and busts [42:40] Productivity [43:00] Where we are in the cycle [43:40] What the Fed will do [44:05] We are late in the long - term debt cycle [44:30] Long - term debt is going to be squeezing us [45:00] We have 2 economies [45:30] This year is very similar to 1937 [46:10] The top tenth of the top 1 % of
wealth = bottom 90 % combined [46:25] How this creates populism [47:00] The economy for the bottom 60 % isn't growing [48:20] If you look at averages, the
country is in a bind [49:10] What are the overarching principles that bind us together?
If a Canadian entrepreneur has an idea
with potential to generate
great wealth, ownership of this idea will be decided in courts beyond Canada, by foreign judicial and geopolitical systems designed to make another
country prosperous.
Croesus» hubris results in the loss of his kingdom, and his freedom, to Cyrus, who in turn repeats the pattern: After gaining
great wealth, he decides - even though Croesus himself warns him against it - to invade a poor
country, and he loses not only the war
with the Massagetae but also his life.
Twenty - three years after the end of the racist, repressive apartheid regime, South Africa remains a
country with enormous resources and
great wealth but also massive inequality and deep poverty.
To drive this point home, Talbott quotes Denis Goulet in The Barefoot Expert: «It is discomforting for a sophisticated technical expert from a rich
country to learn that men who live on the margin of subsistence and daily flirt
with death and insecurity are sometimes capable of
greater happiness, wisdom, and human communion than he is, notwithstanding his knowledge,
wealth, and technical superiority.»
Second, please do not offend our intelligence
with the slogan that «America is the
greatest (and richest)
country in the world» as this can be interpreted as patronizing, arrogant and out of line, given USA's world impact and record, and the shadow of local and global violence in the source of its
wealth: I noticed that Native Americans were not meaningfully mentioned in your speech, please acknowledge the enormous sacrifices and wounds of indigenous people in the Americas and elsewhere — again, offer them justice, on their terms, not only «inclusion», listen and let them teach you.
With 1 out of 4 living in poverty — far more than any other industrialized
country (nearly double what it was 30 years ago); a more tattered safety net — more who are homeless, without health care, and without food security; a more segregated and inequitable system of public education, in which the top schools spend 10 times more than the lowest spending; we nonetheless have a defense budget larger than that of the next 20
countries combined and
greater disparities in
wealth than any other leading
country.
His idly rich father, Kenneth M Clark, who'd inherited his
wealth through the family textile business (Clark junior's
great -
great - grandfather was the inventor of the cotton spool), decorated his splendid pile, the
country seat of Sudbourne Hall in Suffolk,
with Victorian paintings, the more notable among them by Landseer and Millais.
The USA is blessed
with great power and
great resources (although you forget that most of your
wealth comes from exploiting other
countries resources), no one can deny that.
The world does not need another
great wealth producing
country joining the anti-CO2, cult - science realm, especially
with daily revelations that the IPCC has lied and its scientists committed scientific fraud.
It is also worth mentioning that women seemed to care less about
wealth and status in
countries with greater equality; however, men's preferences for
wealth and status did not increase in such cases.