yego.me
💡 Stop wasting time. Read Youtube instead of watch. Download Chrome Extension

Society Needs THESE Two Things in Order to be Successful


less than 1m read
·Nov 8, 2024

History has shown that there are only two things a society needs in order to be successful. The first is the ability to provide a good education to most people that teaches them skills and civility so they can be productive. In other words, the development of human capital. From the start, this teaching typically comes from parents and teachers who instill good values and principles to be productive with others.

The second is an environment that gives people the resources so that they can be productive. At its best, that environment provides financial capital that comes from investors, banks, and capital markets to invest in those who are capable of being productive. This environment must be a civil place to live, work, and raise one's families. Ideally, one in which there are many exciting people doing many exciting things, so that it is a creatively stimulating environment.

In other words, having the right people in the right environment that supports productive creativity throughout the life cycle is what it takes.

More Articles

View All
Radical functions differentiation | Derivative rules | AP Calculus AB | Khan Academy
Let’s see if we can take the derivative with respect to (x) of the fourth root of (x^3 + 4x^2 + 7). At first, you might say, “All right, how do I take the derivative of a fourth root of something?” It looks like I have a composite function; I’m taking the…
15 Daily Rituals for Cultivating a Growth Mindset
Many people ask themselves what they should do to improve their mindset and reach a point where they can be productive, get things done, and be the best version of themselves. But few of them actually focus on what it takes to improve their mindset. And w…
Reading tables 2
The table below shows the number of chickens sold by four friends from January to March. Except one entry is missing. What number should go in the empty cell? So, let’s see. This is the empty cell right over here they haven’t filled out. How many? Let’s …
UChicago's Jim Nondorf on authentic applications to get accepted into college | Homeroom with Sal
Hi everyone! Welcome to our daily homeroom live stream. This is our way at Khan Academy of keeping everyone in touch during school closures. Obviously, as an organization with a mission of providing a free world-class education for anyone, anywhere, we pu…
The Egyptian and Hittite Peace Treaty | Lost Treasures of Egypt
[Music] In Luxor’s Karnak Temple, Colleen is hunting for clues that explain Ramsay’s rise to power. Ramses was a mighty warrior and general who fought in many campaigns and expanded Egypt’s borders to the east and south. But the temple walls suggest that’…
Understanding scatterplots | Representing data | Grade 5 (TX TEKS) | Khan Academy
We’re told the table below shows the ages of six people and the number of pets they own. So, this row is age of people, and then the second row is the number of pets. So the person who’s nine years old owned four pets. The person who’s eight years old ow…