Policy
... See moreAs the complexity of civilisation, the destructive scale of technology and crises, and the speed of crises all increase, there is no greater multi-trillion dollar bill lying on the street than this problem: how to get the most able people — who don’t provide 50% more value than average leaders but many orders of magnitude — into the highest
... See moreExtreme transparency and communication, horizontally as well as hierarchically … Break information and management silos — a denser network of information and commands is necessary and much of it must be decentralised and distributed between different teams, but with leadership having fast and clear information flow at the centre so problems are
The regimes push: higher taxes, higher debts, more wars they then botch, visible collapse of state authority over borders and citizenship, more political centralisation that makes crises worse, more hostility to entrepreneurs and those who can build and create value.
Since 1970, the U.S. has massively increased educational expenditures, mostly to expand school administration, which has vastly outpaced the growth of both students and teachers. Today, taxpayers spend more than $15,000 per public school student. Yet test scores have largely flatlined and, in some areas, even declined.
... See moreSince then [2017], the federal regulatory army has continued to expand, with an annual budget now exceeding $80 billion. Over the past eight years, federal agencies have imposed some 550 major new rules—each carrying an estimated economic cost of more than $100 million per year.
Moreover, without the crush of new federal regulations, businesses
... See moreWe align with Berens' second hypothesis: teachers assign writing tasks but fail to incentivize or provide opportunities for students to write often and well… Writing strengthens memory, attention, reasoning, and understanding across all subjects. Learning to write in the early grades is not just about grammar; it's about learning to organize
... See moreA brilliant libertarian-republican theoretician before achieving power and after leaving it, Jefferson is a classic case of corruption of principle from being in power. The first Jefferson Administration, however, was certainly one of the finest libertarian moments in the history of the United States. Expenses were lowered, the army and navy were
Loose monetary policy created asset-price inflation, but ordinary people mostly just felt the effects of rising prices. Unlike the wealthy, they didn’t benefit much from the rising asset prices in their portfolios.
... See moreEvery breakthrough — every invention, every industry, every new frontier — began with a handful of extraordinary individuals free to take extraordinary risks. Washington led men into battle at 22. Carnegie was building his steel empire by 30. Meriwether Lewis charted the American West in his twenties. Sam Colt patented the revolver at 22. Palmer