I’m happy to be here thank you to the
organizers of the TEDx may Tama
for inviting me I look forward to all
the conversations here today I’m ideas
what sharing so what now
my name is tal annoy me um at trade
remedies and a Stan chief negotiator for
Nigeria it’s not like a long title but
trust me is a really cool job imagine
have new shoes so that’s how much of a
fun job it is you see I’ve always been
obsessed with people and our countries
can make things better I don’t think my
slides are there but I always obsessed
with how you can help countries do
better I’ve always been obsessed with
how you can ensure the citizens of a
country create systems that work I’ve
always been obsessed with how citizens
can do better because of the fact that
they’re doing better the country
contrived always been if I remember when
I was in primary squatting was primary
to my chair actually asked he said what
do you guys love the most favorite thing
in the world I know
primate zoo students everyone had all
kinds of ideas from video games to all
the days all kinds of things I said
people you don’t enter on teacher I got
a good beating but the fact is I’ve
always always loved people if I remember
once I tweeted that my biggest
aspiration is to get to the point where
they told me that my ideas have helped
at least on dred countries move from
developing to developed so I’ve always
been obsessed about this and I by the
way have magic powers when I snap my
finger this led to move men party tricks
all right so so like I said I’ve always
been I’m sorry I gotta answer two
questions today the first question is
this
I can contrast create frameworks that
help citizens do better and second one
is this how conductors of citizens we
focus to help a Content area loop I’m
really liking this map in pain I feel
like a magician I don’t know a clicker
all right now because I love traveling
this took me on a journey of exploring
several countries what been there is
true of the got Indies
to work so let’s start with the United
Kingdom the UK dangerous colonial Edie
right so what happened in UK’s case a
combination of factors Navy power so
country in the waterways a little bit of
exploration around the world a little
bit of colonialism and industrial policy
and then some protectionist policy what
does that mean what basically means
protecting your small industries or
measuring that external countries can
access your markets so that you get did
that and in fact when you read history
the UK actually had some of the most
complicated tariff systems between the
18th and 19th centuries so that’s how
the UK did it and it worked the u.s. the
US was butan one fundamental idea that
if you allow people to the things they
care the most about so if you choose to
be a painter you paint the best
paintings that you create world for
yourself and the culture bit better
because of that
so basically brute capitalism and of
course also protectionism so between
1816 to World War two
the UK the u.s. actually had the most
protected economy in the world so that
also worked now let’s talk about Germany
Germany was built on the back of
efficiency technologies so efficient
that it’s actually superior and it
worked the next one Switzerland
now Switzerland is one I really like
because I go there a lot jessalynn is
both beauty on the back of order such
structure in fact and it makes sense
because Switzerland’s alpha patron is a
pleasant Co John Calvin who historically
was so brutal that if someone broke the
status quo he actually burns his friend
is best friend of the stick for breaking
status quo and then of course taking
money from other countries to invest in
their country that also worked for them
but all right the next one now
Japan Japan tried a system where
state-owned enterprises would invest in
targeted industries and then model
factories and that worked and then China
now China is an interesting one China
flip everything on its head cannot do
the system of central planning where the
government determines where to invest
where not to invest what to do what not
to do and it worked in fact there’s a
popular
goodbye wallbang director that says that
China walked because it said they did
everything we said he should not do so
that also worked now what are the trends
we see in all this
two things one there’s actually no model
economic formula for our country moves
from one place to another place in fact
every country’s experimented it has
anything you learn it’s that every
country experiments and adapts but the
second important annuities that every
growth was driven entirely by people
real breathing living speaking people
and that’s interesting because if we say
there are two things and one is not the
reason because everyone just keeps
adapting then we want to start him on
the second one people write great so
let’s do that together and I’ve done my
own studies and identified five things
that I think are the reasons that these
people in conscious that have taken off
and I’ve walked out well I’ve done now
you can add your list to it of course
you’re very smart people so I’m sure you
have another list of ten but I’m going
to focus on my own five agreed all right
people
now why people because in the end a
country’s productivity is the sum total
of the productivity of the people inside
a country so for instance you’re a
painter I develop an app you’re an axis
whatever it is you do as everyone says
to do their own component individual
parts what happens that the country’s
productivity balloons because of that so
that’s basically the idea but now there
are some telltale signs that each of
these countries are taking off that I’ve
moved from wherever the where to where
they should be I’ve done and I’ll touch
on those ones one is a flexibility about
the education system what do I mean now
every economy that has taken off has
found a way to ensure that people can
exercise choice about the education
meaning I don’t have to go to primary
school and secondary school and
university there may be a master’s
before I decide oh I’m gonna end up as a
bank teller they can decide at each
stage why do I want to do an high school
why does this matter I’ll tell you
because if I’m investing years in
getting you to become more productive
then matters that I’m sure that I’m
investing in what you want to do what’s
the point of investing in making you
aeronautical engineer when you become a
carpenter pointless
and so that’s why that matters and so
every economy has taken off as ensure
that there is that exercise of choice
that we can at some point decide and
think do I want to follow this path or
not the second thing is the respect for
human life
now don’t get on your iOS’s this is not
about killing and living this actually
something more nuanced let us use a very
basic analogy when someone leaves for
say 80 years
you’re basically counting their time in
this world right so if you leave 80s
you’re basically turned six five days
times 80 years so basically a life is
time now there’s no stomping monuments
because when you work 20 hours a week
for a month and you pay get paid a
salary you’re basically exchanging your
life for wages your position your life
for money finish now what that tells you
is simple is that every column that has
found a way to take off has found a way
to ensure that is serious value placed
on each of their individuals alive on
time why because their productivity is
what I’m sure the country can take off
and now that tells you something that
African time and actually be a bigger
problem than we think because you’re not
just wasting a person’s time no wasting
a person’s life and every Condor is
taking off as figured a way to make that
work
in fact in Switzerland in 2012 Suzanne
I’m actually voted against I’ve been
extra leaders can you believe that
why because according to them if we take
an extra lady that’s one less day of
productivity for the country that’s how
serious these countries take the issues
of respect for human time or life all
right next one is every country that has
taken over and is the third one has
found a way to ensure that the
perception of their citizens for wealth
status and money matters now what is
wealth what basic is an asset that earns
what are you doing something or not what
is money money basically is a means to
transfer value or wealth what is status
basically your position in society now
every society has taken off as found a
way to ensure that people understand
that the prostitute the only only
reasonable posture
is not money is not status but welds
assets that can create so when we are
seeing 30 billion for the account we are
actually just emphasizing a very bad
idea because 30 billion your account
does not really produce more and that’s
what every piece of coins I found a
wheelchair the size the founder whatever
size equity not rent they were not to
emphasize that people should invest
their time in specific knowledge that
can create value and not just working
for a salary every of these economies I
found a way to focus on economy that
builds and sells why because you
understand that well it is only made
when people venture out so people like
that Drake in the United Kingdom the
popular Explorer I would only ship very
20 new lands they’ve understood that
people must create wealth assets that
matter the 14 that every of these
countries that are people are found a
way to figure out is that intangible
assets I big deal when I sent Angie by
that I mean not brick-and-mortar like
this that you can touch but intangible
things ideas intellectual property
concept the funny way to emphasize but
these things matter a lot more than even
brick-and-mortar that’s why to deal with
franchise in the TEDx I’m here that’s
just intellectual property the final to
English and sure but it can emphasize
that greed is not a bad thing why
because grid is the reason why a dangoty
as rich as keeps doing business or does
he shut down and just go home and that’s
jobs the funny way to emphasize that
people should have individual and dances
in the country why I’ll tell you because
as a start-up become gonna create world
my identity should be my first capital I
can give my identity and action for
capital and build wealth this is
something these people have found a way
to emphasize that intangible resource is
something serious the next thing and
this is very interesting is the further
way to emphasize consequence you know I
say this every time an injury is not
special in the sense that every country
only needs consequence management what
does that mean
the actions are consequences whether
good or bad every country has taken over
small the way to help their people
understand this by listening every
action has consequences that there’s
something called ripple effect meaning
when I do something it is an outcome
there’s an outputs as causation they
found a way to emphasize that you can
compound not just finance about strategy
meaning that you do your business and
because you did your business you can
then view the nos and because you’re
building an ounce you’re going to write
get laborious I’m crocheting laborers
never ask a feed and because of that a
woman eating somewhere can then also set
up a shop ripple effects and now one
thing leads to another
how does all this tie up let me tell you
a story this was in the 19th century the
late 19th century long before Shaka
Shaka became a very popular down step
you know three very popular guys john d
rockefeller Andrew Carnegie and JP
Morgan john d rockefeller was a guy who
and that time IP was doing for me and
found a way to focus on oil and
pipelines and how to industrialize the
oil sector and it became so rich when he
died was about 400 billion dollars watts
into this finance and under Andrew
Carnegie focused entirely on steel and
in fact these people the government
actually opposed them try to break them
up and just because Don beautiness steel
magnets and when I dad was what about
Turner said with 2 billion in dollars in
danger in today’s terms and then the
glass guy JP Morgan who only focused on
financing creating banks consolidating
continents when he died was actually
what just twenty five billion dollars
and Rockefeller said yesterday that you
poor man that’s a different conversation
but in fact is this men in their time
using their own individual enterprise
built America not because of the country
not because of the government but
because they are doing their individual
enterprise and that’s what this entire
talk is about that the way for economy
to grow or the way for an economy to
come to greens is people individuals
like yourself human capital you doing
your business as an app developer you do
your business as an entrepreneur you
need your business at the painter you do
business as a writer everyone do the N
deep into our businesses grow and
enterprises are in more people growing
something but that in the end is the
only real way an economy that takes off
or tanks but that is the only real way
the real
growth comes in an economy and so we can
write search which I write a lot of
theories but in the end any economy only
arises on the back of that simple
principle really individuals breathing
speaking creating real-world assets that
last investing in becoming more
productive not wasting their time
focused on intellectual property and
intangible assets and understanding that
when all these things come together
people doing their things in their
different individual places it creates a
massive balloon effect which sometimes
we call an economic boom that is the
only real way an economy takes off or
tanks that’s what I was going to say oh
and thank you for coming to my TED talk [Applause]
organizers of the TEDx may Tama
for inviting me I look forward to all
the conversations here today I’m ideas
what sharing so what now
my name is tal annoy me um at trade
remedies and a Stan chief negotiator for
Nigeria it’s not like a long title but
trust me is a really cool job imagine
have new shoes so that’s how much of a
fun job it is you see I’ve always been
obsessed with people and our countries
can make things better I don’t think my
slides are there but I always obsessed
with how you can help countries do
better I’ve always been obsessed with
how you can ensure the citizens of a
country create systems that work I’ve
always been obsessed with how citizens
can do better because of the fact that
they’re doing better the country
contrived always been if I remember when
I was in primary squatting was primary
to my chair actually asked he said what
do you guys love the most favorite thing
in the world I know
primate zoo students everyone had all
kinds of ideas from video games to all
the days all kinds of things I said
people you don’t enter on teacher I got
a good beating but the fact is I’ve
always always loved people if I remember
once I tweeted that my biggest
aspiration is to get to the point where
they told me that my ideas have helped
at least on dred countries move from
developing to developed so I’ve always
been obsessed about this and I by the
way have magic powers when I snap my
finger this led to move men party tricks
all right so so like I said I’ve always
been I’m sorry I gotta answer two
questions today the first question is
this
I can contrast create frameworks that
help citizens do better and second one
is this how conductors of citizens we
focus to help a Content area loop I’m
really liking this map in pain I feel
like a magician I don’t know a clicker
all right now because I love traveling
this took me on a journey of exploring
several countries what been there is
true of the got Indies
to work so let’s start with the United
Kingdom the UK dangerous colonial Edie
right so what happened in UK’s case a
combination of factors Navy power so
country in the waterways a little bit of
exploration around the world a little
bit of colonialism and industrial policy
and then some protectionist policy what
does that mean what basically means
protecting your small industries or
measuring that external countries can
access your markets so that you get did
that and in fact when you read history
the UK actually had some of the most
complicated tariff systems between the
18th and 19th centuries so that’s how
the UK did it and it worked the u.s. the
US was butan one fundamental idea that
if you allow people to the things they
care the most about so if you choose to
be a painter you paint the best
paintings that you create world for
yourself and the culture bit better
because of that
so basically brute capitalism and of
course also protectionism so between
1816 to World War two
the UK the u.s. actually had the most
protected economy in the world so that
also worked now let’s talk about Germany
Germany was built on the back of
efficiency technologies so efficient
that it’s actually superior and it
worked the next one Switzerland
now Switzerland is one I really like
because I go there a lot jessalynn is
both beauty on the back of order such
structure in fact and it makes sense
because Switzerland’s alpha patron is a
pleasant Co John Calvin who historically
was so brutal that if someone broke the
status quo he actually burns his friend
is best friend of the stick for breaking
status quo and then of course taking
money from other countries to invest in
their country that also worked for them
but all right the next one now
Japan Japan tried a system where
state-owned enterprises would invest in
targeted industries and then model
factories and that worked and then China
now China is an interesting one China
flip everything on its head cannot do
the system of central planning where the
government determines where to invest
where not to invest what to do what not
to do and it worked in fact there’s a
popular
goodbye wallbang director that says that
China walked because it said they did
everything we said he should not do so
that also worked now what are the trends
we see in all this
two things one there’s actually no model
economic formula for our country moves
from one place to another place in fact
every country’s experimented it has
anything you learn it’s that every
country experiments and adapts but the
second important annuities that every
growth was driven entirely by people
real breathing living speaking people
and that’s interesting because if we say
there are two things and one is not the
reason because everyone just keeps
adapting then we want to start him on
the second one people write great so
let’s do that together and I’ve done my
own studies and identified five things
that I think are the reasons that these
people in conscious that have taken off
and I’ve walked out well I’ve done now
you can add your list to it of course
you’re very smart people so I’m sure you
have another list of ten but I’m going
to focus on my own five agreed all right
people
now why people because in the end a
country’s productivity is the sum total
of the productivity of the people inside
a country so for instance you’re a
painter I develop an app you’re an axis
whatever it is you do as everyone says
to do their own component individual
parts what happens that the country’s
productivity balloons because of that so
that’s basically the idea but now there
are some telltale signs that each of
these countries are taking off that I’ve
moved from wherever the where to where
they should be I’ve done and I’ll touch
on those ones one is a flexibility about
the education system what do I mean now
every economy that has taken off has
found a way to ensure that people can
exercise choice about the education
meaning I don’t have to go to primary
school and secondary school and
university there may be a master’s
before I decide oh I’m gonna end up as a
bank teller they can decide at each
stage why do I want to do an high school
why does this matter I’ll tell you
because if I’m investing years in
getting you to become more productive
then matters that I’m sure that I’m
investing in what you want to do what’s
the point of investing in making you
aeronautical engineer when you become a
carpenter pointless
and so that’s why that matters and so
every economy has taken off as ensure
that there is that exercise of choice
that we can at some point decide and
think do I want to follow this path or
not the second thing is the respect for
human life
now don’t get on your iOS’s this is not
about killing and living this actually
something more nuanced let us use a very
basic analogy when someone leaves for
say 80 years
you’re basically counting their time in
this world right so if you leave 80s
you’re basically turned six five days
times 80 years so basically a life is
time now there’s no stomping monuments
because when you work 20 hours a week
for a month and you pay get paid a
salary you’re basically exchanging your
life for wages your position your life
for money finish now what that tells you
is simple is that every column that has
found a way to take off has found a way
to ensure that is serious value placed
on each of their individuals alive on
time why because their productivity is
what I’m sure the country can take off
and now that tells you something that
African time and actually be a bigger
problem than we think because you’re not
just wasting a person’s time no wasting
a person’s life and every Condor is
taking off as figured a way to make that
work
in fact in Switzerland in 2012 Suzanne
I’m actually voted against I’ve been
extra leaders can you believe that
why because according to them if we take
an extra lady that’s one less day of
productivity for the country that’s how
serious these countries take the issues
of respect for human time or life all
right next one is every country that has
taken over and is the third one has
found a way to ensure that the
perception of their citizens for wealth
status and money matters now what is
wealth what basic is an asset that earns
what are you doing something or not what
is money money basically is a means to
transfer value or wealth what is status
basically your position in society now
every society has taken off as found a
way to ensure that people understand
that the prostitute the only only
reasonable posture
is not money is not status but welds
assets that can create so when we are
seeing 30 billion for the account we are
actually just emphasizing a very bad
idea because 30 billion your account
does not really produce more and that’s
what every piece of coins I found a
wheelchair the size the founder whatever
size equity not rent they were not to
emphasize that people should invest
their time in specific knowledge that
can create value and not just working
for a salary every of these economies I
found a way to focus on economy that
builds and sells why because you
understand that well it is only made
when people venture out so people like
that Drake in the United Kingdom the
popular Explorer I would only ship very
20 new lands they’ve understood that
people must create wealth assets that
matter the 14 that every of these
countries that are people are found a
way to figure out is that intangible
assets I big deal when I sent Angie by
that I mean not brick-and-mortar like
this that you can touch but intangible
things ideas intellectual property
concept the funny way to emphasize but
these things matter a lot more than even
brick-and-mortar that’s why to deal with
franchise in the TEDx I’m here that’s
just intellectual property the final to
English and sure but it can emphasize
that greed is not a bad thing why
because grid is the reason why a dangoty
as rich as keeps doing business or does
he shut down and just go home and that’s
jobs the funny way to emphasize that
people should have individual and dances
in the country why I’ll tell you because
as a start-up become gonna create world
my identity should be my first capital I
can give my identity and action for
capital and build wealth this is
something these people have found a way
to emphasize that intangible resource is
something serious the next thing and
this is very interesting is the further
way to emphasize consequence you know I
say this every time an injury is not
special in the sense that every country
only needs consequence management what
does that mean
the actions are consequences whether
good or bad every country has taken over
small the way to help their people
understand this by listening every
action has consequences that there’s
something called ripple effect meaning
when I do something it is an outcome
there’s an outputs as causation they
found a way to emphasize that you can
compound not just finance about strategy
meaning that you do your business and
because you did your business you can
then view the nos and because you’re
building an ounce you’re going to write
get laborious I’m crocheting laborers
never ask a feed and because of that a
woman eating somewhere can then also set
up a shop ripple effects and now one
thing leads to another
how does all this tie up let me tell you
a story this was in the 19th century the
late 19th century long before Shaka
Shaka became a very popular down step
you know three very popular guys john d
rockefeller Andrew Carnegie and JP
Morgan john d rockefeller was a guy who
and that time IP was doing for me and
found a way to focus on oil and
pipelines and how to industrialize the
oil sector and it became so rich when he
died was about 400 billion dollars watts
into this finance and under Andrew
Carnegie focused entirely on steel and
in fact these people the government
actually opposed them try to break them
up and just because Don beautiness steel
magnets and when I dad was what about
Turner said with 2 billion in dollars in
danger in today’s terms and then the
glass guy JP Morgan who only focused on
financing creating banks consolidating
continents when he died was actually
what just twenty five billion dollars
and Rockefeller said yesterday that you
poor man that’s a different conversation
but in fact is this men in their time
using their own individual enterprise
built America not because of the country
not because of the government but
because they are doing their individual
enterprise and that’s what this entire
talk is about that the way for economy
to grow or the way for an economy to
come to greens is people individuals
like yourself human capital you doing
your business as an app developer you do
your business as an entrepreneur you
need your business at the painter you do
business as a writer everyone do the N
deep into our businesses grow and
enterprises are in more people growing
something but that in the end is the
only real way an economy that takes off
or tanks but that is the only real way
the real
growth comes in an economy and so we can
write search which I write a lot of
theories but in the end any economy only
arises on the back of that simple
principle really individuals breathing
speaking creating real-world assets that
last investing in becoming more
productive not wasting their time
focused on intellectual property and
intangible assets and understanding that
when all these things come together
people doing their things in their
different individual places it creates a
massive balloon effect which sometimes
we call an economic boom that is the
only real way an economy takes off or
tanks that’s what I was going to say oh
and thank you for coming to my TED talk [Applause]
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