Sublime

This is the challenge we need to tackle today: revisiting every function that was once performed by the Great Safety Net back when it worked so well. We need to imagine institutions to once again serve the three goals that we should all be obsessed with: making consumer demand steadier, increasing household income, and providing access to affordabl

She said much of the finance industry has too narrow a view of its strategy and goals. It often becomes a short-term, almost zero-sum game with many investors focused only on small relative gains won against each other.

One last thing that is also missing is something that’s to some extent missing in biology, too. But it’s certainly missing in economic thinking, and that is time. I mean, literally, time. That is, that time is speeding up. Time was very different when Mr. Smith wrote his book or when John Keynes wrote his book. Time is completely different now. It’

These are all highly contestable statements.