Why Messages of Hope, Love and Peace are Important to the Development of Our Economy

The Jamaica Stock Exchange & You

Up until recent decades when behavioral economics has led to renewed attention to emotion and subjectivity, subjective approaches such as hope, peace and love were not seen as good fits when having dialogue about the economy. Rather, there was much more focus on rationality, self-interests and other objective benchmarks. The effects of hope are positive, ranging from longevity and health to innovation and well-being. But false hopes, disappointment, or possible manipulation of societal hope must be guarded against. Nevertheless, in these atypical times, we need a spirit of hope, love and peace to help us navigate our economic restoration. To help me explore the topic of “Why messages of hope, love and peace are importing the development of our economy,” is Dr Donald Rhodd, Love Changes Life.

Some of what we looked at were:

• In these times when we have important things to focus on like GDP, finance, exchange rates etc to focus on, why is it important to spread messages of hope, love and peace?
• What is the relationship of these principles to economic development?

And lots more.

Connect with Dr Donald Rhodd:

Email: [e-mail]

Love Changes Lives

Thanks for listening to The Jamaica Stock Exchange & You, a podcast of the Jamaica Stock Exchange with your host, Heneka Watkis-Porter!

If this episode caused you to feel more hopeful about our country and its development, let us know. Send us your feedback at [e-mail] or on social media @jamstockex.

The Jamaica Stock Exchange & You is produced by Heneka Watkis-Porter of The Entrepreneurial You podcast, you can find it at henekawatkisporter.com to hear leadership and entrepreneurship lessons from guests like Marlene Street-Forrest, Les Brown, Richard Branson, Seth Godin and more. That’s all for now, see you next week!

Remember, as Warren Buffet says, "Rule number one: Don’t lose money. Rule number two: Don’t forget rule number one.”

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