History doesn't repeat. People do.

Five Thousand Years

History doesn't repeat. People do.

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Governments Have Always Printed Their Way Out of Trouble — And Called It Something Else
Technology & Politics

Governments Have Always Printed Their Way Out of Trouble — And Called It Something Else

From Rome's debased silver coins to Weimar Germany's wheelbarrow currency, every catastrophic inflation in recorded history began not in the economy but in a government chamber where a difficult decision was postponed. The Fed's terminology is new. The evasion is not.
The Founders Feared Political Parties — Then Built the First Ones
Technology & Politics

The Founders Feared Political Parties — Then Built the First Ones

James Madison wrote one of the most penetrating analyses of partisan psychology ever committed to paper — then spent the following decade organizing a political party. The two-party system Americans feel trapped inside today is not a modern dysfunction. It is the entirely predictable result of a psychological tendency the Founders named with precision and then demonstrated with their lives.
The Rise, Fall, and Resurrection of Digg: A Cautionary Tale About the Internet's First Culture War
Technology & Politics

The Rise, Fall, and Resurrection of Digg: A Cautionary Tale About the Internet's First Culture War

Before Twitter shaped political discourse and before Facebook became a battleground for public opinion, there was Digg — the website that invented the social news feed and then spectacularly destroyed itself. The story of Digg's rise and fall is not merely a technology story; it is a parable about power, community, and the fragile contract between a platform and its users.