Wealth In Institutions

The bulk of the wealth which we possess exists in social institutions, that is in persistent habits and expectations within the human population.

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Stories supporting the thesis

Hidden Assumptions in the Ability to Save (6/4/2013)

Transparency in Language: We Forget What We Have Taken for Granted (7/9/2013)

Value in Goodwill (6/11/2014)


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About the principal author

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Richard Ober Hammer
Raleigh, NC
Current project: I am writing a book which presents a sweeping theory of social life, a theory which has grown in my lifetime of asking questions about science. During the 1990s I started and ran the Free Nation Foundation, a think tank focused upon discovering the critical institutions which make free nations possible. Recently, in May 2013, I completed a Master of Economics degree at North Carolina State University. Earlier I had studied computer science and business administration in graduate schools. My undergraduate degree is in electrical engineering. I have worked in a number of professions, including engineering, house building, and software development.
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