On August 13, the United States Treasury paid 5.22 percent to borrow for thirty years, the highest nominal cost at a thirty-year auction since 2001. Reuters reported the following day that inflation-adjusted borrowing costs across the major economies had reached their highest levels in more than a decade, with US thirty-year real yields near eighteen-year highs at around three percent, and British and German ten-year real yields at levels not seen in over ten years.
(more…)Tag: Inside the Next Transition
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TIME Publishes An Excerpt From Inside The Next Transition
TIME recently published an adapted excerpt from my new book, Inside the Next Transition: Seeing Systemic Change Before Pathways Harden.
The excerpt begins with an ordinary family morning shaped by work, school, caregiving, money, and the small demands that keep accumulating. No single moment appears transformative, yet together they begin to narrow the room available for important choices, including whether to have another child.
The article explores one of the book’s central ideas: the future often becomes visible first as pressure inside daily life. Familiar systems may still appear to function, but only because people are absorbing more effort, coordination, and sacrifice to keep them working. That space between the pressure people already feel and the larger consequences that have not yet become obvious is what I call the missing middle.
You can read the adapted excerpt at TIME:
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I Finally Wrote the Book: Inside the Next Transition Is Now Available
For years, many of you have encouraged me to write a book. Today, I am pleased to share that Inside the Next Transition: Seeing Systemic Change Before Pathways Harden is now available in paperback and eBook formats.
I have been trying to understand why this moment feels different. The answer is not simply that technology is moving faster, although it is. What makes this period distinctive is that pressures — technological, demographic, environmental, geopolitical, institutional — are beginning to interact. They are crossing boundaries we have traditionally treated as separate, and colliding with systems built for a different set of assumptions.
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Inside the Next Transition 