Economics

What we’re seeing isn’t just a media trend. It’s a shift in the architecture of power. Attention → Speculation → Allocation. This is the new supply chain.

Traditional economic theory assumes information flows serve resource allocation. But increasingly, resource allocation serves attention flows. We've moved from an economy where attention supports... See more

Many people were outraged by what they regarded as his non-parliamentary use of medieval laws to raise money. The most notorious was ship money. This turned an old law, where coastal counties provided ships to the Crown, into a money tax levied on all the counties, including those inland.