The Basic Problem When two people or groups have different needs, there are two ways to handle it: Merge the resources and divide them based on who needs what Keep resources separate and let each side handle their own needs The second option sounds fair. It sounds like independence and respect for differences. But it … Continue reading The Separation Trap: When “Separate but Equal” Hides Unfairness
Category: essays
When the Tower Can’t Be Rebuilt: What Institutional Economics Misses About the Next Decade
Rebecca Patterson's recent New York Times essay uses a Jenga tower as a metaphor for the American economy in 2025. Blocks are being removed—small businesses cutting jobs, federal layoffs, consumption concentrating among the wealthy—while AI companies pile massive investments on top. Eventually, she warns, Jenga towers fall down. She's right about the instability. But the … Continue reading When the Tower Can’t Be Rebuilt: What Institutional Economics Misses About the Next Decade
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