Cycles of Change

Historical patterns of technology identify a principle known as the Jevons Paradox. Originally observed by William Stanley Jevons in 1865 regarding coal consumption, this paradox suggests that as a resource becomes more efficient to use, the total consumption of that resource increases. This occurs [...]

The global financial architecture is entering a period of significant transformation as central banks evaluate the limitations of traditional reserve assets. Historically, the stability of a nation depended upon a combination of physical gold and fiat currency backed by the power of the state. [...]

The palaces of Mycenaean Greece burned for days in 1200 BC. For four centuries afterward, the Greek world descended into a dark age so profound that the art of writing itself was lost. The sophisticated bureaucracy of the warrior-kings crumbled into memory. Villages forgot how to build with stone. [...]

A historical error is currently being repeated on a civilizational scale. In 1960, Pope John XXIII chose to bury a terrifying prophecy to protect the faithful from fear. He believed that silence would preserve hope. Instead, it bred forty years of suspicion. Today, secular governments in London, [...]