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
Macaroni Penguins Swim, Surf, and Dodge Seals to Survive – Ep. 2 | Wildlife: Resurrection Island
Imagine having to surf to get home. Then imagine doing it after swimming 300 miles in the roughest ocean on the planet. Not to mention the seals waiting for their chance to rip your little head off. This is just a single day in the extraordinary life of t…
How They Caught The Golden State Killer
This video includes a discussion of serious crimes, which may be disturbing for some viewers, so I wanted to let you know that upfront. But I think it’s necessary to talk about these crimes in some detail for reasons that will become apparent. In the smal…
Collecting Poop to Save a National Park | Expedition Raw
I don’t think I’ll ever get used to putting my finger up a water box anus. Alright buddy, okay, I wouldn’t apologize. Yeah, and it’s one less thing you has to become self at all. We want to know what effect the animals are having on this ecosystem, and to…
Warren Buffett Shares His 2,600 Year Old Investment Advice
First investment primer that I know of, and it was pretty good advice, was delivered in about 600 BC by Aesop. And Aesop, you’ll remember, said a bird in the hand is worth two in the bush. Incidentally, Aesop did not know it was 600 BC; he was smart, but …
Warren Buffett on Bitcoin: Has His Opinion Changed?
Bitcoin, it’s ingenious and blockchain is important, but Bitcoin has no unique value at all. It doesn’t produce anything. You stare at it all day and no little bitcoins come out or anything like that. It is a delusion, basically. One point this weekend y…
Coulomb's law | Physics | Khan Academy
We encounter so many different kinds of forces in our day-to-day lives. There’s gravity, there’s the tension force, friction, air resistance, spring force, buoyant forces, and so on and so forth. But guess what? Not all these forces are fundamental. Gravi…