Thank you for your kind reply. Luckily, I have read the book Why Nations Fail some time ago, the idea that political and economic inclusion prevents stagnation and is better in the long run is appealing. After reading that, I became integrating institutions in my views.
You made me realize that the question “what’s enough for one’s ambitions?” does not have a clear answer. Balancing fun, well-being and impact seems the right way to go. However, it is sometimes hard to accept that (by definition) there is always an impact level we won’t ever reach.
Coming back to institutions. Do you think I should aim to create them or to help them as an employee?
No idea—I think it most depends on the specifics of your situation. On average I think people who start organisations later in their life using their experience and contacts are likely to be more successful.
Dear Louis,
Thank you for your kind reply. Luckily, I have read the book Why Nations Fail some time ago, the idea that political and economic inclusion prevents stagnation and is better in the long run is appealing. After reading that, I became integrating institutions in my views.
You made me realize that the question “what’s enough for one’s ambitions?” does not have a clear answer. Balancing fun, well-being and impact seems the right way to go. However, it is sometimes hard to accept that (by definition) there is always an impact level we won’t ever reach.
Coming back to institutions. Do you think I should aim to create them or to help them as an employee?
No idea—I think it most depends on the specifics of your situation. On average I think people who start organisations later in their life using their experience and contacts are likely to be more successful.