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

We believe that the age of individual economic sovereignty is coming. Just as steel mills, telephone companies, mines, and railways that were once “nationalized” have been rapidly privatized throughout the world, you will soon see the ultimate form of privatization—the sweeping denationalization of the individual. The Sovereign Individual of the ne

Equally, in the future, one of the milestones by which you measure your financial success will be not just now many zeroes you can add to your net worth, but whether you can structure your affairs in a way that enables you to realize full individual autonomy and independence.

The Fragmentation Thesis The Sovereign Individual, written in 1999, is an incredible book that nailed many aspects of our digital future decades in advance, Bitcoin prime among them.

Like an angry farmer, the state will no doubt take desperate measures at first to tether and hobble its escaping herd. It will employ covert and even violent means to restrict access to liberating technologies. Such expedients will work only temporarily, if at all. The twentieth-century nation-state, with all its pretensions, will starve to death a

In our judgment, the opposite is happening today. Information technology is raising earnings opportunities for the skilled and undermining institutions that operate at a large scale, including the nation-state.