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
7 HOLES in the Space Station - Smarter Every Day 135
Ok, it’s Destin. - Deh, it’s Dustin. - Destin, Destin. - Destin. - You got it. - OK, I’ve got it. - [laughs] Alright here’s the deal. We are with Don Pettit. - Have you thought of changing your name to something that’s easier to pronounce? - Just think of…
Types of bank accounts | Banking | Financial Literacy | Khan Academy
Let’s say that you’ve saved some money, or so you just found some, luckily, and you go to a bank, and you want to put it with that bank. But then the bank starts giving you some options. It says, “Do you want to start a checking account? Do you want to st…
Introduction to vector components | Vectors | Precalculus | Khan Academy
In other videos, we have talked about how a vector can be completely defined by a magnitude and a direction. You need both. Here we have done that; we have said that the magnitude of vector A is equal to three units. These parallel lines here on both side…
The Largest Black Hole in the Universe - Size Comparison
The largest things in the universe are black holes. In contrast to things like planets or stars, they have no physical size limit and can literally grow endlessly. Although, in reality, specific things need to happen to create different kinds of black hol…
Conditions for a z test about a proportion | AP Statistics | Khan Academy
[Instructor] Jules works on a small team of 40 employees. Each employee receives an annual rating, the best of which is exceeds expectations. Management claimed that 10% of employees earn this rating, but Jules suspected it was actually less common. She o…
Fishin' Frenzy Makes Their Own Path | Wicked Tuna: Outer Banks
[Music] Where are the fish, man? See anything spectacular? I see a lot of water, see a lot of other boats. Yeah, there’s no tuna though. The spot we’re at was hot the last couple days, but apparently it’s all dried up. It makes it extremely difficult for…