Tag Archives: social disorder

The Ghosts of 1968

1968 was a tumultuous year globally and domestically. The Prague Spring in Czechoslovakia–a very mild form of political and cultural liberalization within the Soviet bloc–was brutally crushed by the military forces of the Soviet Union. The general strikes and student protests … Continue reading

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The Rowboat (Wages) and the Yacht (Assets)

The reason why the status quo has failed and is fragmenting is displayed in these three charts of wages, employment and assets: wage earners (labor) are in a rowboat trying to catch the yacht of those who own assets (capital). Here … Continue reading

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Social Change Will Upend the Status Quo

The core narrative of the Status Quo is that nothing fundamental needs to be changed: all the problems can be solved with more “free money” (borrowed from the future at low rates of interest) and a few policy tweaks such as … Continue reading

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