18 September 2026 · 9:22
Institutional Capital Theory: eight questions for the author
The author answers eight questions on what the book claims, what it refuses to claim, and what a finance ministry should do with it.
15 September 2026 · 7:02
The Preface: Two Problems in the Life of Public Capabilities
A reading of the preface to Institutional Capital Theory. Why public capabilities decay silently, why governments do not budget for it, and why the cost of capital decides whether institutional reform is feasible.