The Breaking Point
Why working harder stopped adding up: the Friction Tax and the case for a parallel economy.
Featured Flagship Essay
The Great Extraction: Why None of Us Are Getting Ahead and What to Do About It.
According to the Bureau of Labor Statistics, the bottom 40% of American households take home only 11% of the national income, driving 21% of all national consumer spending— and spending nearly double our share of the national wealth— while relying on compounding debt to bridge the gap.
Pillar Articles & Frameworks
The Friction Tax
I. The "Winter Coat" Metaphor
- The Hook: Imagine trying to win a swim meet while wearing a heavy wool winter coat.