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
Introduction to remainders
We’re already somewhat familiar with the idea of division. If I were to say 8 divided by 2, you could think of that as 8 objects: 1, 2, 3, 4, 5, 6, 7, 8. Divided into equal groups of two. So how many equal groups of two could you have? Well, you could hav…
Warren Buffett’s Most Iconic Interview Ever
Secular approach who have also been very successful. Let’s take Warren Buffett of Omaha, Nebraska. If you would put $10,000 in 1965 into his company, Berkshire Hathaway, you would have 1 million today. Warren was a chapter in my 1972 book, Super Money, so…
Lions 360° | National Geographic
It is not often a mother has to lead her cub away from the pride, but it happens. This is Gibson, who has already lost a brother. His mother, knowing what might happen if they return, is always on the lookout. There’s a thread out there. This is Paula. H…
How To Get Rich According To Grant Cardone
There are a million ways to make $1,000,000, and this is how Grant Cardone did it. Let’s just jump straight into it. Welcome to ALUX. First up, you never spend more than you earn. The principle of never spend more than you earn with a spending limit—idea…
The Case of the Early Bird | Teacher Resources | Financial Literacy | Khan Academy
The name’s Duction, Detective Duction. I’m a private eye, and my eye is pointed straight at Monetary Mysteries. Love them! Financial Tom Foolery, dollar double dealing—that’s my wheelhouse, and no mistake. There’s one case I keep coming back to, turning …
Desining from Day One: Artists as Founders: Multiverse (S20) - YC Gaming Tech Talks 2020
Um, so we’re Multiverse. We did YC W20, so that was from like January to March of this year, just before Corona hit. Um, so, you know, Multiverse, we’re making next generation tabletop RPGs. You can think of us like a mix between D&D and Roblox. We wa…