THE GREAT DEGENERATION – How Institutions Decay and Economies Die

"The key point is that not all sets of institutions, when you add up the sum of the parts, are equal. There are good and bad combinations. In some sets of institutions, people can flourish freely as individuals, as families, as communities. That is because the institutions effectively incentivize us to do good things-like, for … Continue reading THE GREAT DEGENERATION – How Institutions Decay and Economies Die