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← An institution can outlive the state that built it: the Church…
17 connected korrents · 13 moments on record from 3 Nov 2008 to 1 Sept 2026.
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public debt
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government Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Read this korrent: An institution can outlive the state that built it: the Church survived the collapse of Roman political authority when Rome’s other institutions did not. An institution can outlive the state that built it: the Church survived the collapse of Roman political authority when Rome’s other institutions did not. Last stated 5 years ago
28 Jan 2022
BD
Bret Devereaux — holds since 2022-01-28 — tap for who they are
Same subject: A heavily centralised state is the most fragile kind: when Rome’s centre failed, its successors were left without the resources or administration to do what it had done. — tap to centre the map on it A heavily centralised state is the most fragile kind: when Rome’s centre failed, its successors were left without the resources or administration to do what it had done. Last stated 5 years ago
28 Jan 2022
BD
Bret Devereaux — holds since 2022-01-28 — tap for who they are
Same subject: Roman economic growth came from institutions rather than from technology, which is why it did not outlive the institutions that produced it. — tap to centre the map on it Roman economic growth came from institutions rather than from technology, which is why it did not outlive the institutions that produced it. Last stated 4 years ago
26 Aug 2022
BD
Bret Devereaux — holds since 2022-08-26 — tap for who they are
Same subject: Most institutions that predate the internet will not survive it. — tap to centre the map on it Most institutions that predate the internet will not survive it. Last stated 2 months ago
12 Jul 2026
BS
Balaji Srinivasan — holds since 2026-07-12 — tap for who they are
Same subject: A functioning institution is a rare exception and never grows by itself: it was assembled by a founder with good judgement. — tap to centre the map on it A functioning institution is a rare exception and never grows by itself: it was assembled by a founder with good judgement. Last stated 8 years ago
9 Jul 2018
SB
Samo Burja — holds since 2018-07-09 — tap for who they are
Same subject: The fall of the Western Roman Empire was a real loss of state capacity, not merely a change of management, and the evidence for that loss is ample. — tap to centre the map on it The fall of the Western Roman Empire was a real loss of state capacity, not merely a change of management, and the evidence for that loss is ample. Last stated 5 years ago
28 Jan 2022
BD
Bret Devereaux — holds since 2022-01-28 — tap for who they are
Same subject: A broken criminal justice institution survives precisely because it serves the people who run it. — tap to centre the map on it A broken criminal justice institution survives precisely because it serves the people who run it. Last stated a week ago
1 Sept 2026
RB
Radley Balko — holds since 2026-09-01 — tap for who they are
Same subject: The papacy made Italy uniquely unstable in Europe, because each new pope inherited a precedent that he could overthrow any government he liked. — tap to centre the map on it The papacy made Italy uniquely unstable in Europe, because each new pope inherited a precedent that he could overthrow any government he liked. Last stated 3 months ago
16 Jun 2026
AP
Ada Palmer — holds since 2026-06-16 — tap for who they are
Same subject: Institutional decay is the normal case: keeping an existing capability alive is difficult and growing a new one is rare. — tap to centre the map on it Institutional decay is the normal case: keeping an existing capability alive is difficult and growing a new one is rare. Last stated 8 years ago
24 Apr 2018
SB
Samo Burja — holds since 2018-04-24 — tap for who they are
Same subject: AI systems should be understood as something between airplanes and humans, since it can no longer be assumed they lack humanlike motivations. — tap to centre the map on it AI systems should be understood as something between airplanes and humans, since it can no longer be assumed they lack humanlike motivations. Last stated a week ago
1 Sept 2026
SA
Scott Alexander — holds since 2026-09-01 — tap for who they are
Same subject: Airplanes are already almost as energy-efficient as they could possibly be, so no redesign will radically improve their efficiency. — tap to centre the map on it Airplanes are already almost as energy-efficient as they could possibly be, so no redesign will radically improve their efficiency. Last stated 18 years ago
3 Nov 2008
DM
David MacKay — holds since 2008-11-03 — tap for who they are
Same subject: Because software is the cheapest part of a system to change, other disciplines lean on it to paper over their own physical problems, and that reliance has killed people. — tap to centre the map on it Because software is the cheapest part of a system to change, other disciplines lean on it to paper over their own physical problems, and that reliance has killed people. Last stated 6 years ago
20 Jan 2021
HW
Hillel Wayne — holds since 2021-01-20 — tap for who they are
Same subject: A central bank can eliminate a self-fulfilling ('sunspot') debt crisis simply by credibly committing to buy as many bonds as needed at the low interest rate. — tap to centre the map on it A central bank can eliminate a self-fulfilling ('sunspot') debt crisis simply by credibly committing to buy as many bonds as needed at the low interest rate. Last stated 4 years ago
1 Jun 2022
OB
Olivier Blanchard — holds since 2022-06-01 — tap for who they are
Same subject: During post-2008 fiscal consolidation, the costs of high public debt were overestimated and fiscal multipliers were underestimated, understating the output costs of austerity. — tap to centre the map on it During post-2008 fiscal consolidation, the costs of high public debt were overestimated and fiscal multipliers were underestimated, understating the output costs of austerity. Last stated 4 years ago
1 Jun 2022
OB
Olivier Blanchard — holds since 2022-06-01 — tap for who they are
Same subject: Germany's constitutional debt brake will not be reformed. — tap to centre the map on it Germany's constitutional debt brake will not be reformed. Last stated 2 years ago
4 Mar 2025
FM
Friedrich Merz — holds since 2025-02-25 — tap for who they are
FM
Friedrich Merz — no longer holds since 2025-03-04 — tap for who they are
Same subject: A bank should be managed against the fat tails it can imagine, not against the stress test its regulator hands it. — tap to centre the map on it A bank should be managed against the fat tails it can imagine, not against the stress test its regulator hands it. Last stated a year ago
16 Jul 2025
JD
Jamie Dimon — holds since 2025-07-16 — tap for who they are
Same subject: A fiscal expansion when the economy is already at potential output prompts monetary tightening that dampens or eliminates its effect on output. — tap to centre the map on it A fiscal expansion when the economy is already at potential output prompts monetary tightening that dampens or eliminates its effect on output. Last stated 4 years ago
1 Jun 2022
OB
Olivier Blanchard — holds since 2022-06-01 — tap for who they are
Same subject: A persistently low safe interest rate signals that capital is not very productive at the margin, an underlying economic problem rather than a policy variable. — tap to centre the map on it A persistently low safe interest rate signals that capital is not very productive at the margin, an underlying economic problem rather than a policy variable. Last stated 4 years ago
1 Jun 2022
OB
Olivier Blanchard — holds since 2022-06-01 — tap for who they are
At the centre
An institution can outlive the state that built it: the Church survived the collapse of Roman political authority when Rome’s other institutions did not.
Holds BD Bret DevereauxRead this korrent →
A heavily centralised state is the most fragile kind: when Rome’s centre failed, its successors were left without the resources or administration to do what it had done.
Holds BD Bret Devereaux
Roman economic growth came from institutions rather than from technology, which is why it did not outlive the institutions that produced it.
Holds BD Bret Devereaux
Most institutions that predate the internet will not survive it.
Holds
A functioning institution is a rare exception and never grows by itself: it was assembled by a founder with good judgement.
Holds SB Samo Burja
The fall of the Western Roman Empire was a real loss of state capacity, not merely a change of management, and the evidence for that loss is ample.
Holds BD Bret Devereaux
A broken criminal justice institution survives precisely because it serves the people who run it.
Holds RB Radley Balko
The papacy made Italy uniquely unstable in Europe, because each new pope inherited a precedent that he could overthrow any government he liked.
Holds AP Ada Palmer
Institutional decay is the normal case: keeping an existing capability alive is difficult and growing a new one is rare.
Holds SB Samo Burja
AI systems should be understood as something between airplanes and humans, since it can no longer be assumed they lack humanlike motivations.
Holds SA Scott Alexander
Airplanes are already almost as energy-efficient as they could possibly be, so no redesign will radically improve their efficiency.
Holds DM David MacKay
Because software is the cheapest part of a system to change, other disciplines lean on it to paper over their own physical problems, and that reliance has killed people.
Holds HW Hillel Wayne
A central bank can eliminate a self-fulfilling ('sunspot') debt crisis simply by credibly committing to buy as many bonds as needed at the low interest rate.
Holds
During post-2008 fiscal consolidation, the costs of high public debt were overestimated and fiscal multipliers were underestimated, understating the output costs of austerity.
Holds
Germany's constitutional debt brake will not be reformed.
No longer holds
A bank should be managed against the fat tails it can imagine, not against the stress test its regulator hands it.
Holds JD Jamie Dimon
A fiscal expansion when the economy is already at potential output prompts monetary tightening that dampens or eliminates its effect on output.
Holds
A persistently low safe interest rate signals that capital is not very productive at the margin, an underlying economic problem rather than a policy variable.
Holds