Episode Summary

Are leaders prioritizing the right metrics? Why does history matter for startups? There’s a lot to consider here. While many might argue that profit should be prioritized above all else, many also oppose this claim, suggesting that people’s happiness matters more than monetary value. This episode will cover our thoughts on the following topics: What makes a good leader? Is GDP the most important metric of a country? Should leaders care about morals? Should a company prioritize morals or profit? Does happiness play a role in the economy? Does happiness affect company profit? Should leaders prioritize happiness? Using history to learn how to be happy Making a good decision for the future If history is written by the victors, can we be sure that history offers us the answers we need to become better leaders? This episode discusses whether societies should focus on moral issues or on prioritizing monetary value. The happiness advantage states that the most important indicator of success should be the happiness metric. This is because leaders prioritizing happiness tend to see more profit and activity in their societies, as well as the mere emotional advantage that comes with being content. This is an interesting point since happier societies are also oftentimes more inclusive and welcoming societies. This means that we need to demand that the history we learn from is an inclusive history, a representative history, and one which shares a dynamic perspective, drawing on inclusive historical records, rather than a one-sided narrative. With this approach, there is no reason we cannot learn how to address any economic problem at hand. Subscribe for perks: https://www.networkstatepodcast.com/subscribe Follow Us: https://linktr.ee/networkstatepodcast Loved this episode? Leave us a review and rating here: https://anchor.fm/network-state-podcast Resources: The Network State: https://thenetworkstate.com/ Balaji’s Twitter: https://twitter.com/balajis Balaji’s website: https://balajis.com/ STAY UPDATED: - Find us on Twitter: https://twitter.com/networkstatepod - Find us on LinkedIn: https://www.linkedin.com/company/network-state-podcast/ - Find us on Reddit: https://www.reddit.com/r/NetworkStatePodcast/ - Find us on Instagram: https://www.instagram.com/networkstatepodcast/ - Follow our hosts:  Adrien Harrison: https://linkedin.com/in/adrien-harrison Raphael Besnros: https://twitter.com/raphaelbenros?s=21&t=ASDnEGiKp0etc_FR2JUwg Please note that the content here is for informational purposes only; should NOT be taken as legal, business, tax, or investment advice or be used to evaluate any investment or security; and is not directed at any investors or potential investors. For more details please see https://networkstatepodcast.com JOIN THE COMMUNITY: If you're also interested in being a part of the conversation, please like, subscribe, comment, share, and rate the podcast! Sign up for our newsletter to get exclusive perks like our member community, deals on merch, and early access to other surprises. :) VISIT: https://networkstatepodcast.com Loved this episode? Leave us a review and rating here: SPOTIFY: https://open.spotify.com/show/7skrNReA41oE7BFYVqpR5w APPLE PODCASTS: https://podcasts.apple.com/us/podcast/the-network-state-podcast/id1658822250 --- Send in a voice message: https://podcasters.spoti
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