Notebook
Mini essays and margin notes on economics, markets, politics, power, books, documents, and the machinery beneath events.
The Pope’s Words
The note praises Pope Francis’ Cameroon speech condemning those who use religion to justify war. Contrasting billions spent on bombs with scarce healing funds, he called for conscience and care.
The American project.
The note argues the American project is fracturing; Trump widened cracks but successors will exploit them. Institutions decay and only patient, long‑term work, not quick fixes, can repair the tear.