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Economics

Pax Mercatus

Trade matters. “Now imagine that trade starts growing on a river. Naturally, you’re going to have bandits trying to steal your goods. This disrupts trade and makes everybody poorer. So the king pushes to enforce peace in their part of… Read More »Pax Mercatus

Why Some Cities Thrive

Some patterns emerge. “once sailing technologies developed, the sea had something special that none of the other lines had: It allowed to easily trade not just with cities connected to your roads or rivers, but with any city on the… Read More »Why Some Cities Thrive

History’s Network Effects

Is it all inevitable? “Social complexity and government also appeared in other ways. For example, through trade. When pirates and marauders disrupted trade, they reduced wealth. Traders and local governments then organized to eliminate the threats. Romans expanded into the… Read More »History’s Network Effects

S Curves

They are not only for budgeting. “When something is in hypergrowth, it’s growing faster than it’s ever been. This is when healthcare systems collapse during a pandemic, or when hypergrowth companies can’t cope with all the ways they’re breaking at… Read More »S Curves

A Brief History of the UK

Freedom matters. “The Industrial Revolution didn’t suddenly happen in England. For centuries, all of Europe had been increasing its pace of innovation. The printing press eventually led to the Enlightenment, which catalyzed the scientific revolution. The greater freedom in regions… Read More »A Brief History of the UK