Economy and Value

Where value is moving and why. These essays examine the K-shaped economy, the unwinding of the mid-century middle class, the shift from generalists to specialists, and how knowledge and experience become economic value.

EssayWhat It Covers
The Structural BifurcationThe permanent K-shaped economy and the decoupling of institutional capital from consumer demand.
The Structural Disintegration of the American Middle ClassThe mid-century buffer, the permanence of the K-curve, and the return of the binary economy.
The Structural Shift from Generalized to Specialized Value CaptureWhy margins are migrating from generic providers to specialized operators.
The Game Is to Be Sold, Not ToldA general framework for turning knowledge, experience, and insight into economic value.
What Can Be So Right Can Be So WrongHow good intentions, sound logic, and perfectly followed rules turn into harm, and how to tell the difference.