Saturday, January 18, 2025
Wednesday, January 15, 2025
On learning better
Following, though about a laureate's thoughts on how to persevere for nobel prize, perhaps something we can keep in mind for much humbler pursuits as well:
Japan's income-doubling plan
"The five elements in the plan are (1) expanding social overhead capital, such as roads, harbors, factory sites, and water facilities, which tend to lag behind direct productive capital, (2) strengthening the industrial structure by increasing the relative importance of the sectors where labor is more productive, such as the heavy and chemical industries, as well as by raising the productivity of individual enterprises, (3) promoting foreign trade and international economic cooperation, (4) improving the quality of labor and promoting science and technology, and (5) improving the living standards of the low-income group and increasing over-all social welfare."
Although from 1960, what this mentions is perhaps a good guidance for any country or government. Clear cut priorities for creating an enabling enviroment for its people to thrive in.