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Politics

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
03
Aug
The Banality of Emergency

The Banality of Emergency

Fear mobilizes. Emergency becomes architecture. The adult position is harder: we do not know — so no one gets unlimited power. Humility, sunset clauses, and awe before the order we do not own.
5 min read
22
Jul
The State Addicted to the Instrument

The State Addicted to the Instrument

COVID was the Keynesian moment. The post-COVID state is the Hayekian warning: emergency instruments rarely remain emergency instruments.
5 min read