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Yaron Lectures: Free Market Revolution Book Tour - Shanghai

Yaron Brook Show

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The Importance of Self-Esteem

Self-esteem is necessary for human happiness. You cannot be happy unless you're producing. So when we provide people with welfare, we are not doing them a favor. We are destroying their lives. This is what rich families often discover with their own children. They have kids and all they do is hand them the checks. Then they turn out often to be white in children. Unsuccessful, unhappy. That's why in a lot of rich places in the US, you find drugs and alcohol and suicide rates very high. There's no sense of pride because they haven't achieved anything in their life. Everything they've achieved is because of their parents. And I believe that therefore being productive is

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