How the Long-Gone Habsburg Empire Is Still Visible in Eastern European Bureaucracies Today
People worry about culture because they know it sets the agenda for the future.
And who wouldn’t want to be in charge of that?
Wall Street and the City held the crown through economic dominance, regulatory capture, and cultural philanthropy. They faltered in 2008 and never regained their pre-crisis legitimacy. The presumptive heir to the throne,
... See more... See moreAlthough the West’s combination of markets plus science/technology does generate learning (companies die, startups replace them etc), our political institutions show little-to-no sign of learning in how they deal with things like state competition and war. Patterns of failure recur reliably hence books like Thucydides and Sun Tzu remain cutting