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
Representing quantities with vectors | Vectors | Precalculus | Khan Academy
We’re told a powerful magnet is attracting a metal ball on a flat surface. The magnet is pulling the ball at a force of 15 newtons, and the magnet is 20 degrees to the south from the eastward direction relative to the ball. Here are a few vectors where th…
The Flow State: How to Supercharge Your Life
In 1993, Michael Jordan led the Chicago Bulls to victory over the Phoenix Suns in what is widely known as his greatest NBA Finals ever. He averaged 41 points per game, the highest ever in NBA Finals history, cementing his place as one of the greatest, if …
Compare with multiplication examples
This here is a screenshot from this exercise on Khan Academy. It says the number 48 is six times as many as eight. Write this comparison as a multiplication equation. So pause this video and see if you can have a go at that. All right, so it sounds very …
Intensifiers and adverbs of degree | The parts of speech | Grammar | Khan Academy
Hey Grim, marians! So we’ve already talked about the idea of the comparative modifiers, right? So you know the difference between saying something is cute and then saying that something is cuter than that thing. And then looking at, like, I don’t know, le…
Warren Buffett: How To Make Easy Money From Falling Markets
We always will have $20 billion around Berkshire; we will never be dependent on the kindness of strangers. It didn’t work that well for BL to Bo either, but, but in any event, uh, we don’t, we don’t count on Bank lines—you know, we don’t count on, we don’…
Vintage Yellowstone Commercials Show How Much Has (and Hasn't) Changed | National Geographic
[Music] Oldest, largest, and one of our most beautiful vacation lands is Yellowstone National Park. Antelope feed peacefully on grassy slopes. Woof woof, a black bear! But don’t worry; he’s friendly; he won’t bother you. For many years, Old Faithful has…