“ Institutions are what allow us to have continuity in civilizations.”
~ Kenneth Frazier
If society is like the house we live in, what makes up the timber in the walls?
While we are all going about our lives in the various rooms of our societal abode, doing things like making a living, getting educated, starting businesses, or having fun, a network of support systems and guard rails sits just beneath the surface, so ubiquitous that we take them for granted and tend to forget they are there.
In a well-functioning society, the joists, studs, and rafters that keep our world together have a bland and boring name: Institutions.
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