Systems Letter
Three times a week — Monday, Wednesday, and Friday — I send out a short note. Each one takes a current economic or political event and uses it as a doorway into the systems shaping it.
August 15, 2025: The Stagecraft of Security
The arrival of federal forces in Washington began not with the sound of sirens or the weight of an unfolding emergency, but with the president’s portrayal of the city as a lawless expanse, gripped by “roving mobs” and “bloodthirsty criminals.”