"Intuitively, one might worry that reducing police spending would lead to a spike in crime. A review of spending on state and local police over the past 60 years, though, shows no correlation nationally between spending and crime rates."

Providing DAOs the ability to access debt based financing is vital for unlocking the full potential of the DAO

Around 2013, China watchers began to joke about the “golden age of liberalism under Hu Jintao.” At the time, it seemed absurd that an era so politically conservative, even as civil society slowly and falteringly advanced, could be considered in that way. Over the next decade, it became far less of a joke. In relative terms, Hu’s era now seems ridiculously free and open—and now given a brutal finale.