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
Jeff Bezos Customer Obsession 1999
ready. We want to ensure that we have the knowledge and expertise to deliver value to our customers. Each new venture comes with its own set of challenges, but that’s where our adaptability and willingness to learn come into play. We are committed to und…
Documenting Democracy | Podcast | Overheard at National Geographic
Lots of tear gas, lots of rubber bullets, and I think I lived with garlic and onions in my pockets for like several months because that’s one common way to kind of get rid of the effects of tear gas. People would just hand those to you to help you out whe…
Rounding to the nearest 10
In this video, we’re going to be doing some rounding, which you’re probably not familiar with just yet. But you’ll see that it’s pretty straightforward, and we’re going to start by rounding to the nearest 10. So the first question is, what is rounding an…
HOW TO PROFIT CHURNING BANK ACCOUNTS IN 2019
What’s up guys? It’s Graham here. So really quick, I want you to ask yourself these three very important questions. Number one: Do you want to make an easy 500 bucks? Number two: Do you have some free time on your hands that you can kill? And number th…
8 Most Important Lessons from the 2022 Berkshire Hathaway Annual Meeting
Every year, 40,000 people travel to Omaha, Nebraska to listen to investing legends Warren Buffett and Charlie Munger speak. They share their thoughts on practically everything, from what they see going on in the stock market and in the economy, all the wa…
Polynomial identities introduction | Algebra 2 | Khan Academy
What we’re going to do in this video is talk a little bit about polynomial identities, and this is really just a fancy way of seeing whether an expression that involves a polynomial is equal to another expression. So, for example, you’re familiar with x …