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Over time, an increasing percentage of what we spend on government is spent on optional rather than core services because the core services tend to have been around longer. Another way of putting it is to say that the marginal value of added government, even if positive, falls as government grows larger. This statement is not antigovernment; it’s j
... See moreTyler Cowen • The Great Stagnation: How America Ate All The Low-Hanging Fruit of Modern History, Got Sick, and Will (Eventually) Feel Better: A Penguin eSpecial from Dutton
private power
Charles Reich • The Greening of America
Rhodes Scholars had a great future in their past.
Peter Thiel, Blake Masters • Zero to One
As long as governance is reducible to economics, it will be difficult to prevent the feedback loops between wealth and power from spiraling into plutocratic outcomes.
Nathan Schneider • Governable Spaces: Democratic Design for Online Life
http://www.foreignpolicy.com/story/cms.php?story_id=3660.
Rom Brafman • Sway: The Irresistible Pull of Irrational Behavior
people at all times and places tend to respond to incentives. Not always as mechanically as economists imagine, but they do respond. Costs and rewards matter. Changes in external conditions that raise the rewards or lower the costs of certain behavior will lead to more of that behavior, other things being-equal.
James Dale Davidson, Lord William Rees-Mogg • The Sovereign Individual: Mastering the Transition to the Information Age
the realities of private power created by industrialism.
Charles Reich • The Greening of America
Consciousness,