Capital

06
Aug
The Forgotten Metric

The Forgotten Metric

Governments destroy value as general allocators. Entrepreneurs multiply it. Keep the state small and short-lived for emergencies — and leave compounding room to the best resource allocators.
5 min read
27
Jul
Europe’s Four Directions

Europe’s Four Directions

Europe will not be saved by pretending to be Silicon Valley. Four adult directions: human autonomy, cantonal Europe, capital as chip, and NATO industrial adulthood.
7 min read