Years ago, I saw/read a presentation from a prominent economist arguing that, more than financial resources, people should look at the changing distribution of

Years ago, I saw/read a presentation from a prominent economist arguing that, more than financial resources, people should look at the changing distribution of risk in the U.S. So, I started doing so. And so far, it has corresponded pretty well with other circumstances I've been observing. There's been an enormous shift of risk from institutions to individuals. This economist argued for it accelerating in the 1970's and continuing since. Sometimes, simplistic phrases are nonetheless useful -- sometimes even defining, if devoid of the details. Divide and conquer. I think of that often, with regard to present circumstances in the U.S. Just lately, I ran across a "random" article on social media. About a relatively little known Nobel laureate who has apparently significantly informed -- or, provided cover for -- the very self-centered and transactional philosophy and behavior of oligarchs and monopolists like the Koch brothers. I had to leave off reading it about halfway through, with the intention to return. And, it mentions an apparently well-received book on the topic. I'm not familiar with this web site, but here's that article's URL: https://www.ineteconomics.org/perspectives/blog/meet-the-economist-behind-the-one-percents-stealth-takeover-of-america https://www.ineteconomics.org/perspectives/blog/meet-the-eco...