The Phenomenon of The Fiat-Driven Welfare State


We’v been living through a strange experiment that took me a long time to put into a proper context: The fiat-driven welfare state. We’ve had welfare states aplenty and fiat regimes too, but a stable, fiat-driven welfare state is a creature of the past half century alone.



And the fiat-driven welfare state is presently destroying itself. This isn’t very much our doing (our job is to build what’s next anyway), it’s the system itself doing it. Whom the gods would destroy…