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
Buffer range | Acids and bases | AP Chemistry | Khan Academy
Buffers consist of a significant amount of a weak acid, which we will represent as H A, and the conjugate base to the weak acid, which we will represent as A minus. Buffer solutions resist large changes in pH; however, buffers are only effective over a ce…
Prompting basics | Introducing Khanmigo | Khanmigo for students | Khan Academy
In this video, we’re going to see that you can have very different experiences with the same AI, and a lot of that is depending on how we prompt the AI. So before we even start doing some prompting ourselves or even understanding what that means, let’s ju…
Why you shouldn't sell Real Estate part time
What’s up you guys? It’s Graham here. So a lot of people are asking me if they can sell real estate part-time, and my quick and short answer is probably not. It’s probably not a good idea, and here’s why. You compete with people who eat, breathe, sleep, …
Charlie Munger: How to Invest
Charlie Munger is without a doubt one of the most respected names in the value investing world. He’s been Buffett’s right hand man for many decades and still serves as the vice chairman of Berkshire Hathaway at 99 years old. But as many of you may know, h…
Zambia’s National Handball Team Dreams of Olympic Gold in 2020 | Short Film Showcase
[Applause] Yeah, a maternity. We should let not a dream die as a dream. So we want to play at the Olympics. The boys want to play at the Olympics. A Masada mundo. I play left wing on the Zambian actual number on bottom. Yes, I’ll be turning 20 on 18th Oc…
Taking a break from stocks
What’s up, Graham? It’s guys here. So, I think it’s really important that we talk about a concerning new trend that’s just started to surface in the stock market over the last few weeks. And listen, I get it. These last few months have been rather eventf…