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The central challenge: Transformative technologies are reshaping power, wealth, and social behavior. Government structures and tax policies must be organized coherently to help these technologies create broad-based economic and cultural benefits rather than deepen political conflict. The Goal Today’s transformative technologies, in action and on the bench, are driving fundamental changes in legacy power, wealth,…

Introduction At the November 2025 conference, Energy and the Economy: The Geography of Energy Flows, sponsored by the Federal Reserve Bank of Kansas City, its CEO, Mr. Jeffery Schmid, made this response during the Q&A period. He thinks about how well the Fed is performing its mission by asking three questions: How well is it…

All the recent observations by Europeans and others on America and Americans are really best summed up in this video. America Changed Me… and Europe Was Wrong He has been living in America for the last two years. Notice how the foundation of personal liberty is a key differentiator. An aspect that is not just…