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
How to Identify a Brown Recluse Spider - Smarter Every Day 89
ADEs, me Destin. Welcome back to Smarter Every Day! So, we were in my daughter’s bathroom. I have been informed that there was a spider. That’s, well, I’m the dad; that’s what I do. I slay spiders. Before I destroy him in a fantastic way—well, however I …
The Most Common Cognitive Bias
I’m gonna give you guys three numbers. A three number sequence, and I have a rule in mind that these three numbers obey. I want you to try to figure out what that rule is. But the way you can get information is by proposing your own set of three numbers, …
Socrates Plato Aristotle | World History | Khan Academy
Ancient Greece was not even a cohesive empire; it was made up of many city-states led by Athens and Sparta. But despite its fragmentation, it made innumerable contributions to not just Western civilization but civilization as a whole. Those are contributi…
Comparing proportionality constants
We’re told that cars A, B, and C are traveling at constant speeds, and they say select the car that travels the fastest. We have these three scenarios here, so I encourage you to pause this video and try to figure out which of these three cars is travelin…
The Science of a Happy Mind, Part 1 | Nat Geo Live
Richard Davidson: The invitation in all of this work is that we can take more responsibility for our own brains. And shape our brains wittingly in a more intentional way by cultivating healthy habits of mind. (Audience applause) I’m a psychologist and neu…
1996 Berkshire Hathaway Annual Meeting (Full Version)
[Applause] Just a little early but I think, uh, everyone’s had a chance to take their seats. I must say this is the first time I’ve seen this program. They told me they’d surprise me and they certainly did. Mark Hamburg, our Chief Financial Officer, who i…