Long-term perspective and planning drive economic success
Citing Harvard sociologist Edward Banfield's 1970 study, the article argues that the primary factor determining financial success and upward mobility is "long time perspective"—the practice of considering future consequences in present decisions. People who plan further ahead are more likely to achieve greatly in life, as exemplified by professionals like doctors who invest years in training before achieving stable earnings.
24 September 2026 · The Ghanaian Times →