The world has been obsessed with the FIFA World Cup. It's a doorway into a larger question about how we align ourselves. We used to rely on firms and states to align us into groups and teams. Now AI is empowering the solopreneur and causing a leap in S Corp registrations. Here I draw upon Coase (1937), Barnard (1938), Drucker (1950s), Malmgren (1961), and Karp (2026). Find out why friction now beats fiction.

(Continued from Intelligent Money: Inflation, Marks & Spencer, and Time). A human-centered economy is now unfolding thanks to technology and AI. But instead of shining the spotlight on corporations, we must now learn to shine it on humans.

(Continued from Intelligent Monetary Policy: Greenspan and the End of Forward Guidance. A fateful dinner party in 1931 has immense relevence for us today as we power into a world where money IS intelligence. Technology is forcing us to face a fundamental, structural question: What is the purpose of an economy? It is meant to meet at least our basic human needs, but it should also be able to meet our highest human needs. If an economy is merely a closed loop of machines generating capital for other machines, it ceases to have any human legitimacy. Heartware is, therefore, an essential part of the shift from managing companies to managing societies.