Tagged: gdp

• Aug 15, 2026 Post

  Invention's Other Half, Part 3: The Share That Can't Move

  Two essays argued there's a tradeoff GDP can't see: a society's power to take up the new against the debt that freezes it. I measured debt as the amount owed; it pointed the wrong way. The tax isn't the debt's size but whether a shock can end you, and America's thin spot is skills, not a fragile balance sheet.

• Aug 8, 2026 Post

  Invention's Other Half, Part 2: The Flexibility Tax

  GDP and the balance sheet book the loan, the payment, the house, all of it as strength: the account holds the debt on the asset's side. The freedom it takes away shows up nowhere. That gap is the flexibility tax, and the society carrying less of it is the more adaptable one.