While some civilizations failed the transformation to paternalism, all others failed the transformation to the law (markets). Whatever institution you develop first anchors you like any other evolutionary development.
Source date (UTC): 2020-08-21 18:34:16 UTC
Original post: https://twitter.com/i/web/status/1296878300313407488
Reply addressees: @TruthQuest11
Replying to: https://twitter.com/i/web/status/1296877179599564803
IN REPLY TO:
Unknown author
@TruthQuest11 At one end we reduce frictions of calculation of the UNKNOWN by limiting our calculations to those that are frictionless (markets). On the other we concentrate our calculation on the simple and KNOWN (war). And we seek stable equilibria between those two ends. (Its all we can do)
Original post: https://x.com/i/web/status/1296877179599564803
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