THE PHILOSOPHY OF PROSPERITY
Sunday, May 20th, 2012In the context of a country, prosperity may be measured in terms of the success with which that country has been able to convert the many types of capital (human, physical, natural, intellectual, social, financial, cultural and spiritual) with which it has been blessed, into wealth. Countries with high GDP per capita, high levels of foreign reserves, low unemployment, a high human development index (high standard of living), high practical technological knowledge and shrewdness, widespread infrastructure, optimal land use practices and high spiritual awareness may be described as prosperous countries.