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
Confidence interval for hypothesis test for difference in proportions | AP Statistics | Khan Academy
A university offers a certain course that students can take in person or in an online setting. Teachers of the course were curious if there was a difference in the passing rate between the two settings. Data from a recent semester showed that 80 percent o…
Guided meditation to help with test anxiety
Welcome to this meditation. I’ll assume that if you are listening, that you have some type of major test or exam coming up, because that’s what the title of this meditation is about. Now, the word meditation can conjure up different ideas to different fol…
Carl Sagan Tried To Warn You
Flowers are blooming in Antarctica. There are two species of flowering plants on the continent: the Antarctic hairgrass and the Antarctic Pearl wart, and they’re both growing at a much faster rate than ever before. In a study published by the University o…
Measuring area with tiled square units
What we’re going to do in this video is look at two rectangles that have the exact same area, and we’re going to measure each of them with a different square unit. So, this top unit right over here, this is a square foot. That means its height is one foo…
Warren Buffett: A "Storm is Brewing" in the Stock Market (40% Stock Market Decline)
But I don’t mind at all under current conditions. Building the cash position, I think when I look at the alternative of what’s available in the equity markets and I look at the composition of what’s going on in the world, we find it quite attractive. War…
Why Being Nice to Women Fails – Do THIS Instead Stoic Wisdom
Have you ever wondered why being nice to women doesn’t seem to get you anywhere? You do everything right—you’re respectful, you listen, you compliment her—yet she seems more drawn to the guy who barely tries. Why is that? Most men think being nice means b…