
Dear all,
Happy 2019! I’m just back from Greece, where my son Ferdinand and I enjoyed the stunning mountains and beautiful beaches of the Peloponnese. I especially recommend visiting Monemvasia, where you can visit the old town and castle on a beautiful island connected to the mainland by a small bridge—a kind of a Greek version of France’s Mont-Saint-Michel, majestically bursting out of the blue sea, only without the thousands of tourists!
With this issue, I’d like to set the stage for the many things that will happen in 2019.
Expanding Hedge
Most of the year will be dominated by my continuing to promote more thinking around Hedge. Here’s how I will try and deepen the discussion in 2019.
#1—Make the case that building a new Safety Net is not about social entrepreneurship. An idea I’m hearing a lot is that institutional innovation is the task of the government and a specific class of entrepreneurs not interested in making money—social entrepreneurs. I always push back against this idea for…