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Justice was voted “Word of the Year” by the Merriam-Webster online dictionary in 2018. The publisher said the word was looked up on its website 74% more in 2018 than in 2017.

Do Students Really Prefer Socialism?.- I’ve read polls that suggest as many as 50% of US college students favor Socialism over Capitalism. That is not entirely surprising. When I was in college (1969 to 1973), the rate was probably about the same.

When you are in the later stage of your rebellious phase, carving out a radical view of the world is fun and exciting. In my day, though, for the most part we understood what Socialism meant: the forceful redistribution of wealth in hopes of making the world more fair. Today, they have a different idea. They believe that wealthy people acquire their wealth through inheritance, exploitation, and buying and selling stocks – not through risk and hard work.

A Brief Answer to a Surprise Question: The 3 Cornerstones of Career Success

Monday, April 15, 2019

Santiago, Chile.- After my speech, I found myself surrounded by a cluster of people wanting to say hello or ask a question. This surprised me because these were employees, not readers. Like matriculated students attending classes, employees attend company-sponsored lectures under some degree of compulsion. They weren’t there because they were fans.

One of them, a young man who works as a telemarketer, surprised me doubly by asking a question so simple it seemed at once naïve and profound: “What do I have to do to be successful in my job?”

The thing is, this kid was serious. He believed I knew the answer. And I had the feeling that he was ready to put into practice whatever advice I was going to give him.

Other people were listening. The question begged for a long and complicated answer, but the moment demanded a brief and simple reply.

What to say?

As it happened, I’d been thinking and writing about a parallel question: What does it take for a social or cultural group to achieve economic independence? My answer to that question was about values and commitment.

To lift themselves out of poverty and acquire wealth, a social group (even a family) must place a high moral value on three ideas: hard work, saving, and learning. No amount of external financial aid will do the job if the group does not believe in and practice these values, for they are the moral and behavioral cornerstones of wealth creation.

So that’s what I went with: Hard work, saving, and learning.

Read MoreA Brief Answer to a Surprise Question: The 3 Cornerstones of Career Success

Viva voce (adverb) –(vye-vuh VOH-see) means by word of mouth; orally rather than in writing. As used by Alexander Graham Bell: “Grand telegraphic discover today… Transmitted vocal sounds for the first time… With some further modification I hope we may be enabled to distinguish… the ‘timbre’ of the sound. Should this be so, conversation viva voce by telegraph will be a fait accompli.”

In 2018, McDonald’s generated almost $6 billion of net income serving around 68 million customers per day.

“The moment we believe that success is determined by an ingrained level of ability as opposed to resilience and hard work, we will be brittle in the face of adversity.” – Joshua Waitzkin