Author Archives: Jasper John MacKay

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The U.S. dollar functions as a kind of “natural resource” that the United States produces to satisfy global demand for dollar-denominated reserves.38 But how far this can be taken is unclear. A shock to confidence in U.S. institutional governance (a debt ceiling default, for instance) could trigger a compounding panic and a free fall of the dollar. The United States is in uncharted waters.
~ Michael Starr via American Affairs

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Quote, Unquote

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The problem with overstuffed to-do lists isn’t just the total time required to execute their contents, but the fact that each new commitment generates its own ongoing administrative demands—emails, chats, check-in calls, “quick” meetings. That’s the overhead tax. Before long, knowledge workers find themselves spending the bulk of their time talking about work instead of actually doing it.
~ Cal Newport via The Atlantic

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