September 2025: Manna from Heaven - by Justin Ahn
“In the long run we are all dead.” It might be Keynes’s most iconic quote, a concise rebuke of an equilibrium-centered approach to macroeconomics and, at the same time, a wise perspective on how to think about public policy. It might also be Keynes’s most unrepresentative quote, because Keynes was not blind to the higher-order implications of his ideas. As his more political writings reveal, he was motivated not just to reduce the next year’s unemployment, but to secure liberty for the next generation through a broad-reaching class settlement. With rapid technological progress, it is more imperative than ever that we consider not just our society’s transitional dynamics but its asymptotic behavior. For the non-mathematical reader, as important as individual elections, policies, and statistical releases are, we need a paradigm shift: What happens when we’re dealing with a world that approximates a hypothetical, whose disruptions are qualitative, not quantitative, changes from the status
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