“We shape our tools, and thereafter our tools shape us.” — Marshall McLuhan The tool being built today has a name: Pax Silica. The belief behind it is older. It is the faith that experts can manage what markets and democracies cannot. It is called technocracy. The movement emerged after…
“And it causes all, both small and great, both rich and poor, both free and slave, to be marked on the right hand or the forehead, so that no one can buy or sell unless he has the mark.” — Revelation 13:17 Pax Silica is a U.S.-led strategic initiative launched…
“The difficulty lies not in the new ideas, but in escaping the old ones.” — John Maynard Keynes If you have a 401(k), buy gas, or wonder why your grocery and utility bills keep rising, look no further than the invisible machine running our global economy. For most of the…
Gold, yuan, and the end of dollar rule “He who owns the gold makes the rules.” — Anonymous A reader on Sunday’s post mentioned The Wizard of Oz. That single word—Oz—sent me back to an essay I wrote over two years ago called The Land of Ounces. I went back…