American Amnesia: The Hidden System Behind Prosperity — State Capacity and Markets

Crisis in Perception · Jun 6, 2026 · 45m

Welcome to Crisis in Perception, where we examine the systems shaping our world.

This episode explores American Amnesia by Jacob S. Hacker and Paul Pierson as a systems-level analysis of the mixed economy and the institutional foundations of prosperity.

The discussion examines:

• incentive structures

• institutional persistence

• feedback loops

• hidden system dynamics

• public investment and innovation

• rent seeking and state capacity

📺 Watch on YouTube:

👉 https://youtu.be/2HvbS79ipZE

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