Skip to main content

Posts

Showing posts with the label Stephen Knack

Just my thoughts #0569

The key to writing well is to write frequently and revise consistently. No matter how complex an idea is, even a very short sentence often reflects our thoughts in a strangely organized manner. A good article is not defined by being well-written, but by undergoing extensive edits. Great passages are not simply written because they contain exceptional ideas; rather, they are often rewritten and crafted. Even the best ideas require multiple revisions and refinements in order to effectively share and influence others. Great ideas and quality writing are created, not bestowed. The ripple effect of well-constructed sentences on the world is beyond our imagination. - Joseph’s “just my thoughts”

Just my thoughts #0427

Credit not only reduces costs and expenses, but it also boosts revenues; none of the economic resources compares to this. According to World Bank senior researchers Stephen Knack and Philip Keefer, a 10% increase in the confidence index would lead to an average annual economic growth rate increase of 0.8%. Individuals who lack trust and only seek financial gain are more likely to be ruined by money. While credit is an abstract concept, we must not forget that it remains one of the few valuable assets influencing our lives. - Joseph’s “just my thoughts”