INTRODUCTION Several years ago, I began developing an idea that would eventually lead to me writing a short essay on the idea of a Bifurcated Economy. At the time, the core argument was straightforward…modern societies are headed toward a two-circuit economic structure. One circuit is driven by markets and profit, while the other is driven by civic participation and public goods. The first is measured and optimized by GDP, wages, capital flows, etc. The second is unpriced, invisible, and is c...

INTRODUCTION Several years ago, I began developing an idea that would eventually lead to me writing a short essay on the idea of a Bifurcated Economy. At the time, the core argument was straightforward…modern societies are headed toward a two-circuit economic structure. One circuit is driven by markets and profit, while the other is driven by civic participation and public goods. The first is measured and optimized by GDP, wages, capital flows, etc. The second is unpriced, invisible, and is c...