The risk of an American Civil War is remote

The risk of an American Civil War is remote

Every now and then I hear people express concern that political polarization might lead to a new American Civil War. Such concerns should not be immediately dismissed. The consequences of a civil war are grave. Such wars can be very bloody and wipe out decades of...
How To Use Bureaucracies

How To Use Bureaucracies

This is an excerpt from the draft of my upcoming book on great founder theory. Learn more here. When we encounter unsavory features of reality, it can be tempting to look away. Instead, we should ask, “What purpose does this serve?” With this in mind, let’s look at...
Functional Institutions are the Exception

Functional Institutions are the Exception

This is an excerpt from the draft of my upcoming book on great founder theory. Learn more here. Every great company is unique, but there are a few things that every business must get right at the beginning. I stress this so often that friends have teasingly nicknamed...
Empire Theory, Part II: Power Dynamics

Empire Theory, Part II: Power Dynamics

This is an excerpt from the draft of my upcoming book on great founder theory. Learn more here. Continuing from Part 1: Competitive Landscape. Power classes are a useful typology for players in an empire, because each group is subject to consistent incentives. As a...
Empire Theory, Part I: Competitive Landscape

Empire Theory, Part I: Competitive Landscape

This is an excerpt from the draft of my upcoming book on great founder theory. Learn more here. Empire Theory is a framework for understanding and practicing competitive strategy. Competitive strategy is the art of defeating opponents. Once you have chosen a domain of...
Institutional Failure as Surprise

Institutional Failure as Surprise

This is an excerpt from the draft of my upcoming book on great founder theory. Learn more here. Discerning whether an institution is near failure is a difficult epistemic problem. There are many outwardly visible pieces of institutions that do not reflect their actual...