The perils of privatizing public goods

In September 1987, nearly a year before Tracy Chapman sang about revolution, President Ronald Reagan started one in American policy—he started privatizing America’s public goods. The revolution didn’t happen overnight. In fact, most people didn’t even realize it occurred. As these two fantastic articles reveal, nearly thirty years later we’re dealing with the damaging consequences—economically,… Continue reading

How do you rebuild America? Stop treating government like a start up.

It’s news to no one that America’s middle class has been devastated by computers and globalization. With income inequality on everyone’s mind, it’s now the billion-dollar question policy makers face over the next twenty years. The standard solution follows something like this: The entire economy seems to be stagnant, except for Silicon Valley. Government needs to copy… Continue reading

At what cost was China’s development miracle?

In the span of forty years the China performed a development miracle. It transformed itself from an agrarian afterthought to the world’s second largest economy. This was in spite of pervasive attitudes and policies that ran contrary to most Western economic thought. In as recent as 1980, the country’s official dictionary defined “individualism” as “the… Continue reading

To Hate or to Adhere

Why does language evolve the way that it does? I stumbled upon a passage written about John Adams by Thomas Jefferson. Adams was a notoriously jealous and petty. He earned the nickname “His Rotundity” for being obese and arguing that everyone should refer to George Washington as “His Majesty the President.” Jefferson was a cool… Continue reading