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
Zeros of polynomials: matching equation to zeros | Polynomial graphs | Algebra 2 | Khan Academy
A polynomial P has zeros when X is equal to negative four, X is equal to three, and X is equal to one-eighth. What could be the equation of P? So pause this video and think about it on your own before we work through it together. All right. So the fact …
The Mysteries of the Moai on Easter Island | National Geographic
[Music] Imposing stone sentinels stand guard on Rapanui, a volcanic island that anchors the western point of the Polynesian triangle in the South Pacific. You might know it as Easter Island. [Music] About 42% of the island is Rapa Nui National Park, a wo…
Warren Buffett on How to Calculate Intrinsic Value of a Stock
I mean, if somebody shows us a business, you know, the first thing that goes through our head is: would we rather own this business than more Coca-Cola? Would we rather own it than more Gillette? Now, it’s crazy not to compare it to things that you’re ver…
Example free response question from AP macroeconomics | AP Macroeconomics | Khan Academy
Video, I want to tackle an entire AP Macroeconomics free response exercise with you. Assume that the economy of Country X has an actual unemployment rate of seven percent, a natural rate of unemployment of five percent, and an inflation rate of three perc…
Reading multiple accounts of the same topic | Reading | Khan Academy
Hello readers. There’s a famous Japanese movie from 1950 called Rashomon, which is about different perspectives on a horrible crime scene. This is a film for adults, definitely consult your parent or guardian. In the film, you witness four distinct accoun…
Early English settlements - Jamestown
In the last video, we talked about the short-lived and highly unsuccessful English colony at Roanoke Island, which disappeared pretty much without a trace and even today is still known as the Lost Colony. So, as late as 1585, England had still not succes…