Essays
I write about power—how economic, political, and cultural systems shape what we see, what we accept, and what we might change.
Rising Yields Reveal the Cost of Ballooning Debt
Yields on long-term government bonds rose sharply this week. Britain’s 30-year gilt touched 5.75 percent, a level last seen nearly three decades ago.
The Weaponization of Technical Law Erodes Democratic Trust
Modern states enforce vast bodies of law. Much of this law regulates conduct that is technical rather than plainly harmful. Citizens face statutes written in complex language, enforced through procedures few understand. Within this structure, mistakes are inevitable. What matters is not whether errors occur, but how authorities choose to respond.
The ECB has achieved disinflation, but its success depends on wage restraint
Euro‑area inflation has returned to 2% for three consecutive months. That marks a technical victory for the European Central Bank after four years of volatility. Manufacturing sentiment sits at a 41‑month high, showing improvement in activity alongside disinflation. Yet the achievement is provisional. Whether inflation stays near target will depend on wage behavior rather than on goods prices.
The Fifty-Cent Return
European governments present defense spending as economic policy, yet economists show that every dollar yields only fifty cents of GDP growth. Political leaders promise prosperity through rearmament while pursuing spending patterns that systematically sacrifice higher-return investments in education and infrastructure.
The Expansion of Military Policing: A Warning Seen Through History
President Trump’s recent executive order directing the Defense Department to expand the National Guard’s role in law enforcement carries echoes that are hard to ignore. The New York Times reports that the order establishes specialized Guard units in all 50 states and in Washington, D.C., tasked with quelling “civil disturbances.”
Crises as Accelerators of Power
Crises are often described as moments of rupture, when the ordinary patterns of life and governance are suspended. Yet beneath this surface, crises perform a deeper function. They accelerate long-term projects by suspending ordinary scrutiny and compressing political time. What appears as a temporary emergency becomes, in practice, a mechanism for transformation.
Counting, Classifying, Controlling Gaza
The striking feature is not only the scale of civilian loss but the way institutions classify and reclassify death. A figure—83% of those killed in Gaza identified as civilians—does not emerge from chaos.
Notes on the Alaska Summit
Patterns are often easier to see from a distance. When I look at the arc leading to the Alaska meeting between Donald Trump and Vladimir Putin, certain threads stand out. The first is the absence of leverage.
The Transfer of Control
The news from Washington this week has the texture of something already known to history. A president invoking little-used legal provisions to take control of a city’s police. Federal agents and National Guard troops on urban streets.
The USA’s Move Toward a Police State
A police state’s essence is not constant visible repression, but the slow normalization of extraordinary powers until they become routine tools of governance, accepted without question.
The Unequal Architecture of Stability
The stability of everyday life is often presented as the product of individual responsibility and personal management. Bills are paid, work is attended to, and obligations are met; security is framed as the natural outcome of diligence.