The Sovereign Individual: How to Survive and Thrive During the Collapse of the Welfare State

Memorization as a skill will become useless, but the value of quickly learning will increase. We’ll be in a world of abundant information and what you’ll need to know is how to use it.

When money can be earned anywhere, you won’t be obligated to live in or subject yourself to high taxation. Governments that charge too much will drive away their best customers. The nation-state will not endure these changes in its present form.

Unless the US changes its tax laws, enterprising individuals will likely renounce their citizenship in the future in pursuit of a better form of governance.

There’s no reason that 1000 employees can’t be replaced by a group of independent contractors, especially in a post-assembly line economy.

In the future, wealth will be measured not just by the amount in your bank account, but in your ability to structure your affairs to realize complete individual autonomy and independence.

As our financial freedom increases, governments won’t have any choice but to treat us more like customers, and less like victims of an organized crime ring.

People will react much more violently to technologies that replace specific jobs, as opposed to technologies that allow for new kinds of work or production.

The information overload puts a premium on brevity, which leads to abbreviation, which leaves out what is unfamiliar, which leaves out important parts of understanding the information.

We will identify more with people who share our interests and work than our country. An investment banker in Manhattan has more in common with a trader in Tokyo than the server who prepares his food for lunch.