Welcome to Bookmarker!

This is a personal project by @dellsystem. I built this to help me retain information from the books I'm reading.

Source code on GitHub (MIT license).

[...] what makes the poor countries poor is not the lack of raw individual entrepreneurial energy, which in fact they have in abundance. The point is that what really makes the rich countries rich is their ability to channel the individual entrepreneurial energy into collective entrepreneurship.

specifically, you need the right infrastructure in place: access to the initial knowledge and capital needed; a respected framework of company and intellectual property law; an educational system that produces capable employees. it's not that entrepreneurs in rich countries are better, it's that they're given an environment in which they can more easily flourish, whereas those in poor countries are in a much more hostile environment (at least when it comes to the same level of success)

Thing 15 (157) by Ha-Joon Chang 7 years, 7 months ago