<?xml version="1.0" encoding="UTF-8"?><rss xmlns:dc="http://purl.org/dc/elements/1.1/" xmlns:content="http://purl.org/rss/1.0/modules/content/" xmlns:atom="http://www.w3.org/2005/Atom" version="2.0" xmlns:itunes="http://www.itunes.com/dtds/podcast-1.0.dtd" xmlns:googleplay="http://www.google.com/schemas/play-podcasts/1.0"><channel><title><![CDATA[Bonjourhi Institute]]></title><description><![CDATA[Bonjourhi Institute is a weekly analytical publication for decision-makers. Published from Montreal.]]></description><link>https://www.bonjourhiinstitute.ca</link><image><url>https://substackcdn.com/image/fetch/$s_!5m_0!,w_256,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F8208b452-4b56-420c-a2c6-3a6a3f7252dc_1280x1280.png</url><title>Bonjourhi Institute</title><link>https://www.bonjourhiinstitute.ca</link></image><generator>Substack</generator><lastBuildDate>Sat, 24 Oct 2026 18:53:57 GMT</lastBuildDate><atom:link href="https://www.bonjourhiinstitute.ca/feed" rel="self" type="application/rss+xml"/><copyright><![CDATA[Bonjourhi Institute]]></copyright><language><![CDATA[en]]></language><webMaster><![CDATA[bonjourhiinstitute@substack.com]]></webMaster><itunes:owner><itunes:email><![CDATA[bonjourhiinstitute@substack.com]]></itunes:email><itunes:name><![CDATA[Bonjourhi institute]]></itunes:name></itunes:owner><itunes:author><![CDATA[Bonjourhi institute]]></itunes:author><googleplay:owner><![CDATA[bonjourhiinstitute@substack.com]]></googleplay:owner><googleplay:email><![CDATA[bonjourhiinstitute@substack.com]]></googleplay:email><googleplay:author><![CDATA[Bonjourhi institute]]></googleplay:author><itunes:block><![CDATA[Yes]]></itunes:block><item><title><![CDATA[Three Laws, a Master Theorem and the Restriction Loop]]></title><description><![CDATA[A Coherence Economics Study]]></description><link>https://www.bonjourhiinstitute.ca/p/three-laws-a-master-theorem-and-the</link><guid isPermaLink="false">https://www.bonjourhiinstitute.ca/p/three-laws-a-master-theorem-and-the</guid><dc:creator><![CDATA[Bonjourhi institute]]></dc:creator><pubDate>Fri, 23 Oct 2026 15:51:39 GMT</pubDate><enclosure url="https://substackcdn.com/image/fetch/$s_!m5_g!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F268ab008-c960-44b5-a156-4938515120d4_1240x827.png" length="0" type="image/jpeg"/><content:encoded><![CDATA[<p>Bonjourhi!</p><p>Coherence Economics rests on three laws. Coherence compounds. Decoherence extracts. Recoherence recompounds. Each of them holds. What fails, far more often than we admit, is the assumption beneath them: that capital is free to leave a broken system and rebuild elsewhere.</p><p>This issue introduces the Restriction Loop, the condition the second law f&#8230;</p>
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   ]]></content:encoded></item><item><title><![CDATA[The Three Laws of Coherence Economics]]></title><description><![CDATA[A system holds coherence only while it can still perceive its own state.]]></description><link>https://www.bonjourhiinstitute.ca/p/the-three-laws-of-coherence-economics-a60</link><guid isPermaLink="false">https://www.bonjourhiinstitute.ca/p/the-three-laws-of-coherence-economics-a60</guid><dc:creator><![CDATA[Bonjourhi institute]]></dc:creator><pubDate>Tue, 20 Oct 2026 19:50:00 GMT</pubDate><enclosure url="https://substack-post-media.s3.amazonaws.com/public/images/3e086418-3a84-4f0a-8984-0b3e9a5226d0_2582x1354.png" length="0" type="image/jpeg"/><content:encoded><![CDATA[<div class="captioned-image-container"><figure><a class="image-link image2 is-viewable-img" target="_blank" href="https://substackcdn.com/image/fetch/$s_!jhYO!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F4f6668a4-49f3-4dd7-bff2-2143a8493242_2912x1526.webp" data-component-name="Image2ToDOM"><div class="image2-inset"><picture><source type="image/webp" srcset="https://substackcdn.com/image/fetch/$s_!jhYO!,w_424,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F4f6668a4-49f3-4dd7-bff2-2143a8493242_2912x1526.webp 424w, https://substackcdn.com/image/fetch/$s_!jhYO!,w_848,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F4f6668a4-49f3-4dd7-bff2-2143a8493242_2912x1526.webp 848w, https://substackcdn.com/image/fetch/$s_!jhYO!,w_1272,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F4f6668a4-49f3-4dd7-bff2-2143a8493242_2912x1526.webp 1272w, https://substackcdn.com/image/fetch/$s_!jhYO!,w_1456,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F4f6668a4-49f3-4dd7-bff2-2143a8493242_2912x1526.webp 1456w" sizes="100vw"><img src="https://substackcdn.com/image/fetch/$s_!jhYO!,w_2400,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F4f6668a4-49f3-4dd7-bff2-2143a8493242_2912x1526.webp" width="1200" height="628.8461538461538" 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srcset="https://substackcdn.com/image/fetch/$s_!jhYO!,w_424,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F4f6668a4-49f3-4dd7-bff2-2143a8493242_2912x1526.webp 424w, https://substackcdn.com/image/fetch/$s_!jhYO!,w_848,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F4f6668a4-49f3-4dd7-bff2-2143a8493242_2912x1526.webp 848w, https://substackcdn.com/image/fetch/$s_!jhYO!,w_1272,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F4f6668a4-49f3-4dd7-bff2-2143a8493242_2912x1526.webp 1272w, https://substackcdn.com/image/fetch/$s_!jhYO!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F4f6668a4-49f3-4dd7-bff2-2143a8493242_2912x1526.webp 1456w" sizes="100vw" fetchpriority="high"></picture><div class="image-link-expand"><div class="pencraft pc-display-flex pc-gap-8 pc-reset"><button tabindex="0" type="button" class="pencraft pc-reset pencraft icon-container restack-image buttonBase-GK1x3M"><svg aria-hidden="true" width="20" height="20" viewBox="0 0 20 20" fill="none" stroke-width="1.5" stroke="var(--color-fg-primary)" stroke-linecap="round" stroke-linejoin="round" xmlns="http://www.w3.org/2000/svg" class="icon-noB79L"><g><path d="M2.53001 7.81595C3.49179 4.73911 6.43281 2.5 9.91173 2.5C13.1684 2.5 15.9537 4.46214 17.0852 7.23684L17.6179 8.67647M17.6179 8.67647L18.5002 4.26471M17.6179 8.67647L13.6473 6.91176M17.4995 12.1841C16.5378 15.2609 13.5967 17.5 10.1178 17.5C6.86118 17.5 4.07589 15.5379 2.94432 12.7632L2.41165 11.3235M2.41165 11.3235L1.5293 15.7353M2.41165 11.3235L6.38224 13.0882"></path></g></svg></button><button tabindex="0" type="button" class="pencraft pc-reset pencraft icon-container view-image buttonBase-GK1x3M"><svg xmlns="http://www.w3.org/2000/svg" width="20" height="20" viewBox="0 0 24 24" fill="none" stroke="currentColor" stroke-width="2" stroke-linecap="round" stroke-linejoin="round" class="lucide lucide-maximize2 lucide-maximize-2 icon-noB79L"><polyline points="15 3 21 3 21 9"></polyline><polyline points="9 21 3 21 3 15"></polyline><line x1="21" x2="14" y1="3" y2="10"></line><line x1="3" x2="10" y1="21" y2="14"></line></svg></button></div></div></div></a></figure></div><p class="button-wrapper" data-attrs="{&quot;url&quot;:&quot;https://www.bonjourhiinstitute.ca/p/the-three-laws-of-coherence-economics&quot;,&quot;text&quot;:&quot;Read more&quot;,&quot;action&quot;:null,&quot;class&quot;:null}" data-component-name="ButtonCreateButton"><a class="button primary" href="https://www.bonjourhiinstitute.ca/p/the-three-laws-of-coherence-economics"><span>Read more</span></a></p>]]></content:encoded></item><item><title><![CDATA[Warm Water · Cold Water]]></title><description><![CDATA[In 1848, a Scottish botanist shaved his head, fixed on a false pigtail and walked into China&#8217;s tea country.]]></description><link>https://www.bonjourhiinstitute.ca/p/warm-water-cold-water</link><guid isPermaLink="false">https://www.bonjourhiinstitute.ca/p/warm-water-cold-water</guid><dc:creator><![CDATA[Bonjourhi institute]]></dc:creator><pubDate>Tue, 20 Oct 2026 17:34:01 GMT</pubDate><enclosure url="https://substackcdn.com/image/fetch/$s_!AXnc!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F38164213-fae1-4417-a6cd-b0f35c29f047_1393x1129.jpeg" length="0" type="image/jpeg"/><content:encoded><![CDATA[<p>Bonjourhi!</p><p>In 1848, a Scottish botanist shaved his head, fixed on a false pigtail and walked into China&#8217;s tea country. He came out with 20,000 plants and helped break China&#8217;s hold on the world&#8217;s tea.</p><p>Today China holds another monopoly. Warm Water asks what it would take to break it, and why the answer has more to do with the weather than with tariffs. Its&#8230;</p>
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   ]]></content:encoded></item><item><title><![CDATA[The Wall Before the Bastille]]></title><description><![CDATA[Paris did not rise first against its prison. It rose against the customs gates where the connected passed and everyone else paid. America is building those gates again.]]></description><link>https://www.bonjourhiinstitute.ca/p/the-wall-before-the-bastille</link><guid isPermaLink="false">https://www.bonjourhiinstitute.ca/p/the-wall-before-the-bastille</guid><dc:creator><![CDATA[Bonjourhi! Institute]]></dc:creator><pubDate>Tue, 20 Oct 2026 16:58:26 GMT</pubDate><enclosure url="https://substackcdn.com/image/fetch/$s_!mS_D!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F8a2ddace-608a-4bdd-bd3a-5a401045df45_1240x827.png" length="0" type="image/jpeg"/><content:encoded><![CDATA[<p>Bonjourhi!</p><p>We all know the story of July 14, 1789. The crowd, the fortress, the fall of the Bastille. It is the date France celebrates and the image the world remembers. But two nights earlier, Paris had already caught fire somewhere else, at the edges of the city, where ordinary people met the state every day. What they burned first was not a prison. It&#8230;</p>
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   ]]></content:encoded></item><item><title><![CDATA[The Negative Vote & The Vote Against Negativity]]></title><description><![CDATA[What happens to a government that won because of what it was not?]]></description><link>https://www.bonjourhiinstitute.ca/p/the-negative-vote-and-the-vote-against</link><guid isPermaLink="false">https://www.bonjourhiinstitute.ca/p/the-negative-vote-and-the-vote-against</guid><dc:creator><![CDATA[Bonjourhi! Institute]]></dc:creator><pubDate>Tue, 20 Oct 2026 16:45:59 GMT</pubDate><enclosure url="https://substackcdn.com/image/fetch/$s_!NbjJ!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F61a30651-e16a-4a7a-a029-8ec5b52089f9_1240x827.png" length="0" type="image/jpeg"/><content:encoded><![CDATA[<p>Bonjourhi,</p><p>Two pieces this week, and they belong together.</p><p>The first begins with something everyone already knows, that we increasingly vote against a candidate rather than for one, and follows it to a place the observation usually stops short of. What happens to a government that won because of what it was not? The argument is that its disappointment is &#8230;</p>
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   ]]></content:encoded></item><item><title><![CDATA[The Waiting Room]]></title><description><![CDATA[The waiting room is not a metaphor. It is the actual structure of power.]]></description><link>https://www.bonjourhiinstitute.ca/p/the-waiting-room</link><guid isPermaLink="false">https://www.bonjourhiinstitute.ca/p/the-waiting-room</guid><dc:creator><![CDATA[Bonjourhi! Institute]]></dc:creator><pubDate>Fri, 09 Oct 2026 18:24:18 GMT</pubDate><enclosure url="https://substackcdn.com/image/fetch/$s_!UHxa!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F013bb839-d63f-4198-aa80-14276c6b9cfa_640x888.png" length="0" type="image/jpeg"/><content:encoded><![CDATA[<p><em><strong>Series Summary</strong></em></p><p>The waiting room is not a metaphor. It is the actual structure of power. Every system that has ever concentrated authority, from the pharaoh&#8217;s throne room to the Federal Reserve, has built the same arrangement. One party inside. Everyone else outside. The wait is not a side effect of the system. It is how the system demonstrates, renews, a&#8230;</p>
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   ]]></content:encoded></item><item><title><![CDATA[The Village Goose]]></title><description><![CDATA[In the version that matches our own moment, the goose was never one man&#8217;s to kill.]]></description><link>https://www.bonjourhiinstitute.ca/p/the-village-goose</link><guid isPermaLink="false">https://www.bonjourhiinstitute.ca/p/the-village-goose</guid><dc:creator><![CDATA[Bonjourhi! Institute]]></dc:creator><pubDate>Mon, 05 Oct 2026 16:26:30 GMT</pubDate><enclosure url="https://substackcdn.com/image/fetch/$s_!Shkv!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F8c373db2-d66c-407f-aa61-5f0316b553eb_1096x617.png" length="0" type="image/jpeg"/><content:encoded><![CDATA[<p><strong>Bonjourhi!</strong></p><p>You know this one. A goose lays golden eggs, a farmer grows greedy, the farmer cuts the goose open to take all the gold at once and finds nothing, having killed the thing that made him rich.</p><p>We tell it to warn against greed. But we have been telling it slightly wrong, or at least telling the easy half. In the version that matches our own moment&#8230;</p>
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   ]]></content:encoded></item><item><title><![CDATA[Already Written]]></title><description><![CDATA[The ending is written. The people in it have not been told.]]></description><link>https://www.bonjourhiinstitute.ca/p/already-written</link><guid isPermaLink="false">https://www.bonjourhiinstitute.ca/p/already-written</guid><dc:creator><![CDATA[Bonjourhi! Institute]]></dc:creator><pubDate>Thu, 01 Oct 2026 16:40:44 GMT</pubDate><enclosure url="https://substackcdn.com/image/fetch/$s_!PL2r!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fc75ce34d-853c-4cb0-9d36-68b3a7841a92_1240x827.png" length="0" type="image/jpeg"/><content:encoded><![CDATA[<p>Bonjourhi!</p><p>As I was being rocked by small waves on a big boat, I understood why no one believes the water until it is over the rail. The deck barely moved. Yet the vessel was already turning, the way large things turn, onto a heading no one aboard had chosen and no one aboard could feel.</p><p>That is America now. The surface is calm, the lights are on, the che&#8230;</p>
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   ]]></content:encoded></item><item><title><![CDATA[Winning and Not Losing]]></title><description><![CDATA[For years, people have asked me the difference between a Canadian and an American.]]></description><link>https://www.bonjourhiinstitute.ca/p/winning-and-not-losing</link><guid isPermaLink="false">https://www.bonjourhiinstitute.ca/p/winning-and-not-losing</guid><dc:creator><![CDATA[Bonjourhi! Institute]]></dc:creator><pubDate>Thu, 01 Oct 2026 16:14:36 GMT</pubDate><enclosure url="https://substackcdn.com/image/fetch/$s_!DKa0!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F63116f09-c814-4c83-b70c-236ecbb1683f_1240x827.png" length="0" type="image/jpeg"/><content:encoded><![CDATA[<div class="captioned-image-container"><figure><a class="image-link image2 is-viewable-img" target="_blank" href="https://substackcdn.com/image/fetch/$s_!DKa0!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F63116f09-c814-4c83-b70c-236ecbb1683f_1240x827.png" data-component-name="Image2ToDOM"><div class="image2-inset"><picture><source type="image/webp" srcset="https://substackcdn.com/image/fetch/$s_!DKa0!,w_424,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F63116f09-c814-4c83-b70c-236ecbb1683f_1240x827.png 424w, https://substackcdn.com/image/fetch/$s_!DKa0!,w_848,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F63116f09-c814-4c83-b70c-236ecbb1683f_1240x827.png 848w, https://substackcdn.com/image/fetch/$s_!DKa0!,w_1272,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F63116f09-c814-4c83-b70c-236ecbb1683f_1240x827.png 1272w, https://substackcdn.com/image/fetch/$s_!DKa0!,w_1456,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F63116f09-c814-4c83-b70c-236ecbb1683f_1240x827.png 1456w" sizes="100vw"><img src="https://substackcdn.com/image/fetch/$s_!DKa0!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F63116f09-c814-4c83-b70c-236ecbb1683f_1240x827.png" width="1240" height="827" data-attrs="{&quot;src&quot;:&quot;https://substack-post-media.s3.amazonaws.com/public/images/63116f09-c814-4c83-b70c-236ecbb1683f_1240x827.png&quot;,&quot;srcNoWatermark&quot;:null,&quot;fullscreen&quot;:null,&quot;imageSize&quot;:null,&quot;height&quot;:827,&quot;width&quot;:1240,&quot;resizeWidth&quot;:null,&quot;bytes&quot;:2428234,&quot;alt&quot;:&quot;Shinny on the St. Lawrence, below Quebec City.&quot;,&quot;title&quot;:null,&quot;type&quot;:&quot;image/png&quot;,&quot;href&quot;:null,&quot;belowTheFold&quot;:false,&quot;topImage&quot;:true,&quot;internalRedirect&quot;:&quot;https://www.bonjourhiinstitute.ca/i/218364506?img=https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F63116f09-c814-4c83-b70c-236ecbb1683f_1240x827.png&quot;,&quot;isProcessing&quot;:false,&quot;align&quot;:null,&quot;offset&quot;:false}" class="sizing-normal" alt="Shinny on the St. Lawrence, below Quebec City." title="Shinny on the St. Lawrence, below Quebec City." srcset="https://substackcdn.com/image/fetch/$s_!DKa0!,w_424,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F63116f09-c814-4c83-b70c-236ecbb1683f_1240x827.png 424w, https://substackcdn.com/image/fetch/$s_!DKa0!,w_848,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F63116f09-c814-4c83-b70c-236ecbb1683f_1240x827.png 848w, https://substackcdn.com/image/fetch/$s_!DKa0!,w_1272,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F63116f09-c814-4c83-b70c-236ecbb1683f_1240x827.png 1272w, https://substackcdn.com/image/fetch/$s_!DKa0!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F63116f09-c814-4c83-b70c-236ecbb1683f_1240x827.png 1456w" sizes="100vw" fetchpriority="high"></picture><div class="image-link-expand"><div class="pencraft pc-display-flex pc-gap-8 pc-reset"><button tabindex="0" type="button" class="pencraft pc-reset pencraft icon-container restack-image buttonBase-GK1x3M"><svg aria-hidden="true" width="20" height="20" viewBox="0 0 20 20" fill="none" stroke-width="1.5" stroke="var(--color-fg-primary)" stroke-linecap="round" stroke-linejoin="round" xmlns="http://www.w3.org/2000/svg" class="icon-noB79L"><g><path d="M2.53001 7.81595C3.49179 4.73911 6.43281 2.5 9.91173 2.5C13.1684 2.5 15.9537 4.46214 17.0852 7.23684L17.6179 8.67647M17.6179 8.67647L18.5002 4.26471M17.6179 8.67647L13.6473 6.91176M17.4995 12.1841C16.5378 15.2609 13.5967 17.5 10.1178 17.5C6.86118 17.5 4.07589 15.5379 2.94432 12.7632L2.41165 11.3235M2.41165 11.3235L1.5293 15.7353M2.41165 11.3235L6.38224 13.0882"></path></g></svg></button><button tabindex="0" type="button" class="pencraft pc-reset pencraft icon-container view-image buttonBase-GK1x3M"><svg xmlns="http://www.w3.org/2000/svg" width="20" height="20" viewBox="0 0 24 24" fill="none" stroke="currentColor" stroke-width="2" stroke-linecap="round" stroke-linejoin="round" class="lucide lucide-maximize2 lucide-maximize-2 icon-noB79L"><polyline points="15 3 21 3 21 9"></polyline><polyline points="9 21 3 21 3 15"></polyline><line x1="21" x2="14" y1="3" y2="10"></line><line x1="3" x2="10" y1="21" y2="14"></line></svg></button></div></div></div></a><figcaption class="image-caption"><em>Shinny on the St. Lawrence, below Quebec City.</em></figcaption></figure></div><p>Bonjourhi!</p><p>For years, people have asked me the difference between a Canadian and an American. My answer has never changed. </p><div class="preformatted-block" data-component-name="PreformattedTextBlockToDOM"><label class="hide-text" contenteditable="false">Text within this block will maintain its original spacing when published</label><pre class="text">Americans want to win. Canadians do not want to lose.</pre></div><p>It sounds like a joke about temperament. It is actually a description of two operating systems, visible in how each country lends mone&#8230;</p>
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   ]]></content:encoded></item><item><title><![CDATA[Three Rooms That Read Calm]]></title><description><![CDATA[A case study in the master theorem]]></description><link>https://www.bonjourhiinstitute.ca/p/three-rooms-that-read-calm</link><guid isPermaLink="false">https://www.bonjourhiinstitute.ca/p/three-rooms-that-read-calm</guid><dc:creator><![CDATA[Bonjourhi! Institute]]></dc:creator><pubDate>Thu, 01 Oct 2026 15:40:43 GMT</pubDate><enclosure url="https://substackcdn.com/image/fetch/$s_!wL9N!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F4168878e-84a0-4e89-8beb-4a57a88b9c8e_1100x733.png" length="0" type="image/jpeg"/><content:encoded><![CDATA[<div class="captioned-image-container"><figure><a class="image-link image2 is-viewable-img" target="_blank" href="https://substackcdn.com/image/fetch/$s_!wL9N!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F4168878e-84a0-4e89-8beb-4a57a88b9c8e_1100x733.png" data-component-name="Image2ToDOM"><div class="image2-inset"><picture><source type="image/webp" srcset="https://substackcdn.com/image/fetch/$s_!wL9N!,w_424,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F4168878e-84a0-4e89-8beb-4a57a88b9c8e_1100x733.png 424w, https://substackcdn.com/image/fetch/$s_!wL9N!,w_848,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F4168878e-84a0-4e89-8beb-4a57a88b9c8e_1100x733.png 848w, https://substackcdn.com/image/fetch/$s_!wL9N!,w_1272,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F4168878e-84a0-4e89-8beb-4a57a88b9c8e_1100x733.png 1272w, https://substackcdn.com/image/fetch/$s_!wL9N!,w_1456,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F4168878e-84a0-4e89-8beb-4a57a88b9c8e_1100x733.png 1456w" sizes="100vw"><img src="https://substackcdn.com/image/fetch/$s_!wL9N!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F4168878e-84a0-4e89-8beb-4a57a88b9c8e_1100x733.png" width="1100" height="733" data-attrs="{&quot;src&quot;:&quot;https://substack-post-media.s3.amazonaws.com/public/images/4168878e-84a0-4e89-8beb-4a57a88b9c8e_1100x733.png&quot;,&quot;srcNoWatermark&quot;:null,&quot;fullscreen&quot;:null,&quot;imageSize&quot;:null,&quot;height&quot;:733,&quot;width&quot;:1100,&quot;resizeWidth&quot;:null,&quot;bytes&quot;:1956897,&quot;alt&quot;:&quot;Three systems, three substrates. In each, the alarm was silenced before the failure it would have named.&quot;,&quot;title&quot;:null,&quot;type&quot;:&quot;image/png&quot;,&quot;href&quot;:null,&quot;belowTheFold&quot;:false,&quot;topImage&quot;:true,&quot;internalRedirect&quot;:&quot;https://www.bonjourhiinstitute.ca/i/218358976?img=https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F4168878e-84a0-4e89-8beb-4a57a88b9c8e_1100x733.png&quot;,&quot;isProcessing&quot;:false,&quot;align&quot;:null,&quot;offset&quot;:false}" class="sizing-normal" alt="Three systems, three substrates. In each, the alarm was silenced before the failure it would have named." title="Three systems, three substrates. In each, the alarm was silenced before the failure it would have named." srcset="https://substackcdn.com/image/fetch/$s_!wL9N!,w_424,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F4168878e-84a0-4e89-8beb-4a57a88b9c8e_1100x733.png 424w, https://substackcdn.com/image/fetch/$s_!wL9N!,w_848,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F4168878e-84a0-4e89-8beb-4a57a88b9c8e_1100x733.png 848w, https://substackcdn.com/image/fetch/$s_!wL9N!,w_1272,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F4168878e-84a0-4e89-8beb-4a57a88b9c8e_1100x733.png 1272w, https://substackcdn.com/image/fetch/$s_!wL9N!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F4168878e-84a0-4e89-8beb-4a57a88b9c8e_1100x733.png 1456w" sizes="100vw" fetchpriority="high"></picture><div class="image-link-expand"><div class="pencraft pc-display-flex pc-gap-8 pc-reset"><button tabindex="0" type="button" class="pencraft pc-reset pencraft icon-container restack-image buttonBase-GK1x3M"><svg aria-hidden="true" width="20" height="20" viewBox="0 0 20 20" fill="none" stroke-width="1.5" stroke="var(--color-fg-primary)" stroke-linecap="round" stroke-linejoin="round" xmlns="http://www.w3.org/2000/svg" class="icon-noB79L"><g><path d="M2.53001 7.81595C3.49179 4.73911 6.43281 2.5 9.91173 2.5C13.1684 2.5 15.9537 4.46214 17.0852 7.23684L17.6179 8.67647M17.6179 8.67647L18.5002 4.26471M17.6179 8.67647L13.6473 6.91176M17.4995 12.1841C16.5378 15.2609 13.5967 17.5 10.1178 17.5C6.86118 17.5 4.07589 15.5379 2.94432 12.7632L2.41165 11.3235M2.41165 11.3235L1.5293 15.7353M2.41165 11.3235L6.38224 13.0882"></path></g></svg></button><button tabindex="0" type="button" class="pencraft pc-reset pencraft icon-container view-image buttonBase-GK1x3M"><svg xmlns="http://www.w3.org/2000/svg" width="20" height="20" viewBox="0 0 24 24" fill="none" stroke="currentColor" stroke-width="2" stroke-linecap="round" stroke-linejoin="round" class="lucide lucide-maximize2 lucide-maximize-2 icon-noB79L"><polyline points="15 3 21 3 21 9"></polyline><polyline points="9 21 3 21 3 15"></polyline><line x1="21" x2="14" y1="3" y2="10"></line><line x1="3" x2="10" y1="21" y2="14"></line></svg></button></div></div></div></a><figcaption class="image-caption"><em>Three systems, three substrates. In each, the alarm was silenced before the failure it would have named.</em></figcaption></figure></div><p><strong>Bonjourhi!</strong></p><p>Of everything the framework claims, this is the one it stakes the most on. So it is the one to test first. The master theorem, in its canonical words:</p><div class="preformatted-block" data-component-name="PreformattedTextBlockToDOM"><label class="hide-text" contenteditable="false">Text within this block will maintain its original spacing when published</label><pre class="text"><em>A system holds coherence only while it can still perceive its own state. The earliest sign &#8230;</em></pre></div>
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   ]]></content:encoded></item><item><title><![CDATA[Two Walls - A Double Issue]]></title><description><![CDATA[Not a Fish, Not a Tax]]></description><link>https://www.bonjourhiinstitute.ca/p/two-walls-a-double-issue</link><guid isPermaLink="false">https://www.bonjourhiinstitute.ca/p/two-walls-a-double-issue</guid><dc:creator><![CDATA[Bonjourhi! Institute]]></dc:creator><pubDate>Fri, 25 Sep 2026 14:00:50 GMT</pubDate><enclosure url="https://substackcdn.com/image/fetch/$s_!Eeqe!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F156fa611-f490-40f7-965f-707af1e2d9a1_684x630.png" length="0" type="image/jpeg"/><content:encoded><![CDATA[<h2>Not a Fish, Not a Tax</h2><div class="captioned-image-container"><figure><a class="image-link image2 is-viewable-img" target="_blank" href="https://substackcdn.com/image/fetch/$s_!Eeqe!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F156fa611-f490-40f7-965f-707af1e2d9a1_684x630.png" data-component-name="Image2ToDOM"><div class="image2-inset"><picture><source type="image/webp" srcset="https://substackcdn.com/image/fetch/$s_!Eeqe!,w_424,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F156fa611-f490-40f7-965f-707af1e2d9a1_684x630.png 424w, https://substackcdn.com/image/fetch/$s_!Eeqe!,w_848,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F156fa611-f490-40f7-965f-707af1e2d9a1_684x630.png 848w, https://substackcdn.com/image/fetch/$s_!Eeqe!,w_1272,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F156fa611-f490-40f7-965f-707af1e2d9a1_684x630.png 1272w, https://substackcdn.com/image/fetch/$s_!Eeqe!,w_1456,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F156fa611-f490-40f7-965f-707af1e2d9a1_684x630.png 1456w" sizes="100vw"><img src="https://substackcdn.com/image/fetch/$s_!Eeqe!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F156fa611-f490-40f7-965f-707af1e2d9a1_684x630.png" width="727" height="669.6052631578947" data-attrs="{&quot;src&quot;:&quot;https://substack-post-media.s3.amazonaws.com/public/images/156fa611-f490-40f7-965f-707af1e2d9a1_684x630.png&quot;,&quot;srcNoWatermark&quot;:null,&quot;fullscreen&quot;:null,&quot;imageSize&quot;:null,&quot;height&quot;:630,&quot;width&quot;:684,&quot;resizeWidth&quot;:727,&quot;bytes&quot;:271232,&quot;alt&quot;:&quot;The lure that catches by looking like nothing the water has produced.&quot;,&quot;title&quot;:null,&quot;type&quot;:&quot;image/png&quot;,&quot;href&quot;:null,&quot;belowTheFold&quot;:false,&quot;topImage&quot;:true,&quot;internalRedirect&quot;:&quot;https://www.bonjourhiinstitute.ca/i/217394189?img=https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F156fa611-f490-40f7-965f-707af1e2d9a1_684x630.png&quot;,&quot;isProcessing&quot;:false,&quot;align&quot;:null,&quot;offset&quot;:false}" class="sizing-normal" alt="The lure that catches by looking like nothing the water has produced." title="The lure that catches by looking like nothing the water has produced." srcset="https://substackcdn.com/image/fetch/$s_!Eeqe!,w_424,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F156fa611-f490-40f7-965f-707af1e2d9a1_684x630.png 424w, https://substackcdn.com/image/fetch/$s_!Eeqe!,w_848,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F156fa611-f490-40f7-965f-707af1e2d9a1_684x630.png 848w, https://substackcdn.com/image/fetch/$s_!Eeqe!,w_1272,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F156fa611-f490-40f7-965f-707af1e2d9a1_684x630.png 1272w, https://substackcdn.com/image/fetch/$s_!Eeqe!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F156fa611-f490-40f7-965f-707af1e2d9a1_684x630.png 1456w" sizes="100vw" fetchpriority="high"></picture><div class="image-link-expand"><div class="pencraft pc-display-flex pc-gap-8 pc-reset"><button tabindex="0" type="button" class="pencraft pc-reset pencraft icon-container restack-image buttonBase-GK1x3M"><svg aria-hidden="true" width="20" height="20" viewBox="0 0 20 20" fill="none" stroke-width="1.5" stroke="var(--color-fg-primary)" stroke-linecap="round" stroke-linejoin="round" xmlns="http://www.w3.org/2000/svg" class="icon-noB79L"><g><path d="M2.53001 7.81595C3.49179 4.73911 6.43281 2.5 9.91173 2.5C13.1684 2.5 15.9537 4.46214 17.0852 7.23684L17.6179 8.67647M17.6179 8.67647L18.5002 4.26471M17.6179 8.67647L13.6473 6.91176M17.4995 12.1841C16.5378 15.2609 13.5967 17.5 10.1178 17.5C6.86118 17.5 4.07589 15.5379 2.94432 12.7632L2.41165 11.3235M2.41165 11.3235L1.5293 15.7353M2.41165 11.3235L6.38224 13.0882"></path></g></svg></button><button tabindex="0" type="button" class="pencraft pc-reset pencraft icon-container view-image buttonBase-GK1x3M"><svg xmlns="http://www.w3.org/2000/svg" width="20" height="20" viewBox="0 0 24 24" fill="none" stroke="currentColor" stroke-width="2" stroke-linecap="round" stroke-linejoin="round" class="lucide lucide-maximize2 lucide-maximize-2 icon-noB79L"><polyline points="15 3 21 3 21 9"></polyline><polyline points="9 21 3 21 3 15"></polyline><line x1="21" x2="14" y1="3" y2="10"></line><line x1="3" x2="10" y1="21" y2="14"></line></svg></button></div></div></div></a><figcaption class="image-caption"><em>The lure that catches by looking like nothing the water has produced.</em></figcaption></figure></div><p><strong>Bonjourhi!</strong></p><p>For thirty years, trade policy chased one shape. Make the good move like water. Lower the barrier, smooth the port, until the border stopped mattering. This summer the thing that catches looks nothing like water. It is blunt, artificial, and it is landing&#8230;</p>
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      </p>
   ]]></content:encoded></item><item><title><![CDATA[Lift and Drift - Two Systems, The Same Error]]></title><description><![CDATA[A note on the two essays that follow.]]></description><link>https://www.bonjourhiinstitute.ca/p/lift-and-drift-two-systems-the-same</link><guid isPermaLink="false">https://www.bonjourhiinstitute.ca/p/lift-and-drift-two-systems-the-same</guid><dc:creator><![CDATA[Bonjourhi! Institute]]></dc:creator><pubDate>Mon, 21 Sep 2026 22:51:58 GMT</pubDate><enclosure url="https://substackcdn.com/image/fetch/$s_!j4Zo!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F018badb9-c3cd-4eee-8947-55b20f3dc061_1240x791.png" length="0" type="image/jpeg"/><content:encoded><![CDATA[<div class="callout-block" data-callout="true"><div class="captioned-image-container"><figure><a class="image-link image2 is-viewable-img" target="_blank" href="https://substackcdn.com/image/fetch/$s_!j4Zo!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F018badb9-c3cd-4eee-8947-55b20f3dc061_1240x791.png" data-component-name="Image2ToDOM"><div class="image2-inset"><picture><source type="image/webp" srcset="https://substackcdn.com/image/fetch/$s_!j4Zo!,w_424,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F018badb9-c3cd-4eee-8947-55b20f3dc061_1240x791.png 424w, https://substackcdn.com/image/fetch/$s_!j4Zo!,w_848,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F018badb9-c3cd-4eee-8947-55b20f3dc061_1240x791.png 848w, https://substackcdn.com/image/fetch/$s_!j4Zo!,w_1272,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F018badb9-c3cd-4eee-8947-55b20f3dc061_1240x791.png 1272w, https://substackcdn.com/image/fetch/$s_!j4Zo!,w_1456,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F018badb9-c3cd-4eee-8947-55b20f3dc061_1240x791.png 1456w" sizes="100vw"><img src="https://substackcdn.com/image/fetch/$s_!j4Zo!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F018badb9-c3cd-4eee-8947-55b20f3dc061_1240x791.png" width="1240" height="791" data-attrs="{&quot;src&quot;:&quot;https://substack-post-media.s3.amazonaws.com/public/images/018badb9-c3cd-4eee-8947-55b20f3dc061_1240x791.png&quot;,&quot;srcNoWatermark&quot;:null,&quot;fullscreen&quot;:null,&quot;imageSize&quot;:null,&quot;height&quot;:791,&quot;width&quot;:1240,&quot;resizeWidth&quot;:null,&quot;bytes&quot;:2008123,&quot;alt&quot;:&quot;Volatus et Deriva. Two systems, the same error. Fig. I, a thing declared unable to fly. Fig. II, a thing declared about to sink. Neither reads the water it is actually in.&quot;,&quot;title&quot;:null,&quot;type&quot;:&quot;image/png&quot;,&quot;href&quot;:null,&quot;belowTheFold&quot;:false,&quot;topImage&quot;:true,&quot;internalRedirect&quot;:&quot;https://www.bonjourhiinstitute.ca/i/216816316?img=https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F018badb9-c3cd-4eee-8947-55b20f3dc061_1240x791.png&quot;,&quot;isProcessing&quot;:false,&quot;align&quot;:null,&quot;offset&quot;:false}" class="sizing-normal" alt="Volatus et Deriva. Two systems, the same error. Fig. I, a thing declared unable to fly. Fig. II, a thing declared about to sink. Neither reads the water it is actually in." title="Volatus et Deriva. Two systems, the same error. Fig. I, a thing declared unable to fly. Fig. II, a thing declared about to sink. Neither reads the water it is actually in." srcset="https://substackcdn.com/image/fetch/$s_!j4Zo!,w_424,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F018badb9-c3cd-4eee-8947-55b20f3dc061_1240x791.png 424w, https://substackcdn.com/image/fetch/$s_!j4Zo!,w_848,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F018badb9-c3cd-4eee-8947-55b20f3dc061_1240x791.png 848w, https://substackcdn.com/image/fetch/$s_!j4Zo!,w_1272,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F018badb9-c3cd-4eee-8947-55b20f3dc061_1240x791.png 1272w, https://substackcdn.com/image/fetch/$s_!j4Zo!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F018badb9-c3cd-4eee-8947-55b20f3dc061_1240x791.png 1456w" sizes="100vw" fetchpriority="high"></picture><div class="image-link-expand"><div class="pencraft pc-display-flex pc-gap-8 pc-reset"><button tabindex="0" type="button" class="pencraft pc-reset pencraft icon-container restack-image buttonBase-GK1x3M"><svg aria-hidden="true" width="20" height="20" viewBox="0 0 20 20" fill="none" stroke-width="1.5" stroke="var(--color-fg-primary)" stroke-linecap="round" stroke-linejoin="round" xmlns="http://www.w3.org/2000/svg" class="icon-noB79L"><g><path d="M2.53001 7.81595C3.49179 4.73911 6.43281 2.5 9.91173 2.5C13.1684 2.5 15.9537 4.46214 17.0852 7.23684L17.6179 8.67647M17.6179 8.67647L18.5002 4.26471M17.6179 8.67647L13.6473 6.91176M17.4995 12.1841C16.5378 15.2609 13.5967 17.5 10.1178 17.5C6.86118 17.5 4.07589 15.5379 2.94432 12.7632L2.41165 11.3235M2.41165 11.3235L1.5293 15.7353M2.41165 11.3235L6.38224 13.0882"></path></g></svg></button><button tabindex="0" type="button" class="pencraft pc-reset pencraft icon-container view-image buttonBase-GK1x3M"><svg xmlns="http://www.w3.org/2000/svg" width="20" height="20" viewBox="0 0 24 24" fill="none" stroke="currentColor" stroke-width="2" stroke-linecap="round" stroke-linejoin="round" class="lucide lucide-maximize2 lucide-maximize-2 icon-noB79L"><polyline points="15 3 21 3 21 9"></polyline><polyline points="9 21 3 21 3 15"></polyline><line x1="21" x2="14" y1="3" y2="10"></line><line x1="3" x2="10" y1="21" y2="14"></line></svg></button></div></div></div></a><figcaption class="image-caption"><em>Volatus et Deriva. Two systems, the same error. Fig. I, a thing declared unable to fly. Fig. II, a thing declared about to sink. Neither reads the water it is actually in.</em></figcaption></figure></div><p>Bonjourhi!</p><p>The two essays that follow are about the same mistake, made twice, in opposite directions. In each case the diagram is trusted over the water it claims to chart, and in each &#8230;</p></div>
      <p>
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   ]]></content:encoded></item><item><title><![CDATA[The Art of the Loss]]></title><description><![CDATA[How the world&#8217;s great arms suppliers taught their customers to leave]]></description><link>https://www.bonjourhiinstitute.ca/p/the-art-of-the-loss</link><guid isPermaLink="false">https://www.bonjourhiinstitute.ca/p/the-art-of-the-loss</guid><dc:creator><![CDATA[Bonjourhi! Institute]]></dc:creator><pubDate>Fri, 18 Sep 2026 18:34:22 GMT</pubDate><enclosure url="https://substackcdn.com/image/fetch/$s_!6h4a!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F28b7f049-3dab-480c-a5e5-f7061df0d87d_420x524.png" length="0" type="image/jpeg"/><content:encoded><![CDATA[<div class="callout-block" data-callout="true"><p>Bonjourhi!</p><p>Every series needs a lens, and this one has an unusual one. It reads the largest shift in modern warfare through the oldest trade in one American family: the business of the landlord.</p><p>That choice needs a word of explanation before we begin, because it can be misread.</p><p>This is not a political series. It takes no side, endorses no party, and carrie&#8230;</p></div>
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   ]]></content:encoded></item><item><title><![CDATA[Eat Your Vegetables & Thirty Million Pounds]]></title><description><![CDATA[A cost held away from the truth does not disappear.]]></description><link>https://www.bonjourhiinstitute.ca/p/eat-your-vegetables-and-thirty-million</link><guid isPermaLink="false">https://www.bonjourhiinstitute.ca/p/eat-your-vegetables-and-thirty-million</guid><dc:creator><![CDATA[Bonjourhi! Institute]]></dc:creator><pubDate>Wed, 16 Sep 2026 22:48:02 GMT</pubDate><enclosure url="https://substackcdn.com/image/fetch/$s_!I3R5!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F63499332-4b3d-4bde-bdcc-1aaec95e747e_1096x731.png" length="0" type="image/jpeg"/><content:encoded><![CDATA[<div class="callout-block" data-callout="true"><p>Bonjourhi!</p><p>This issue is two pieces, and they belong together.</p><p>The first, &#8220;Eat Your Vegetables,&#8221; is the argument I have wanted to make plainly for a while: a large national debt is almost never repaid honestly. It is escaped, and there are only four exits. Three of them reach into your pocket while you look elsewhere. It runs through the ways governments &#8230;</p></div>
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   ]]></content:encoded></item><item><title><![CDATA[Two Clearances]]></title><description><![CDATA[The word the landlords used for it was improvement.]]></description><link>https://www.bonjourhiinstitute.ca/p/two-clearances</link><guid isPermaLink="false">https://www.bonjourhiinstitute.ca/p/two-clearances</guid><dc:creator><![CDATA[Bonjourhi! Institute]]></dc:creator><pubDate>Tue, 15 Sep 2026 01:24:26 GMT</pubDate><enclosure url="https://substackcdn.com/image/fetch/$s_!ULud!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fc38d3aa1-6541-4496-afba-f15854ed41d0_1240x517.png" length="0" type="image/jpeg"/><content:encoded><![CDATA[<div class="callout-block" data-callout="true"><p>Bonjourhi!</p><p>Two centuries ago, in the Scottish Highlands, landlords discovered they could make more from a glen full of sheep than a glen full of people. The people were not hated.</p><p>They were simply worth less than the alternative, and so they were removed, some by a quiet accounting and some by fire. The word the landlords used for it was improvement.</p><p>These&#8230;</p></div>
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   ]]></content:encoded></item><item><title><![CDATA[The Generational Contract]]></title><description><![CDATA[Volkswagen was never the story. The deal between generations was.]]></description><link>https://www.bonjourhiinstitute.ca/p/the-generational-contract</link><guid isPermaLink="false">https://www.bonjourhiinstitute.ca/p/the-generational-contract</guid><dc:creator><![CDATA[Bonjourhi! Institute]]></dc:creator><pubDate>Sat, 12 Sep 2026 01:50:00 GMT</pubDate><enclosure url="https://substackcdn.com/image/fetch/$s_!2__e!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fd48d9e0b-65a0-4bbd-8b54-74476c18697e_1240x718.png" length="0" type="image/jpeg"/><content:encoded><![CDATA[<div class="callout-block" data-callout="true"><p>Bonjourhi!</p><p>This week&#8217;s headlines delivered a familiar verdict: one hundred thousand jobs gone at Volkswagen, the German social model breaking at last. I want to offer a different reading.</p><p>What gave way on September 3rd was not an industry. It was a promise, and not one confined to Germany. Beneath the jobs and the plants lies an older understanding, betwe&#8230;</p></div>
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   ]]></content:encoded></item><item><title><![CDATA[Bridges, Walls, and Chokepoints]]></title><description><![CDATA[This year Canada built a bridge and paid for it.]]></description><link>https://www.bonjourhiinstitute.ca/p/bridges-walls-and-chokepoints</link><guid isPermaLink="false">https://www.bonjourhiinstitute.ca/p/bridges-walls-and-chokepoints</guid><dc:creator><![CDATA[Bonjourhi! Institute]]></dc:creator><pubDate>Tue, 08 Sep 2026 01:15:54 GMT</pubDate><enclosure url="https://substackcdn.com/image/fetch/$s_!Dp4u!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Faf5d5dfe-5c56-4a73-925a-24436487b3f4_1096x685.png" length="0" type="image/jpeg"/><content:encoded><![CDATA[<div class="captioned-image-container"><figure><a class="image-link image2 is-viewable-img" target="_blank" href="https://substackcdn.com/image/fetch/$s_!Dp4u!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Faf5d5dfe-5c56-4a73-925a-24436487b3f4_1096x685.png" data-component-name="Image2ToDOM"><div class="image2-inset"><picture><source type="image/webp" srcset="https://substackcdn.com/image/fetch/$s_!Dp4u!,w_424,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Faf5d5dfe-5c56-4a73-925a-24436487b3f4_1096x685.png 424w, https://substackcdn.com/image/fetch/$s_!Dp4u!,w_848,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Faf5d5dfe-5c56-4a73-925a-24436487b3f4_1096x685.png 848w, https://substackcdn.com/image/fetch/$s_!Dp4u!,w_1272,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Faf5d5dfe-5c56-4a73-925a-24436487b3f4_1096x685.png 1272w, https://substackcdn.com/image/fetch/$s_!Dp4u!,w_1456,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Faf5d5dfe-5c56-4a73-925a-24436487b3f4_1096x685.png 1456w" sizes="100vw"><img src="https://substackcdn.com/image/fetch/$s_!Dp4u!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Faf5d5dfe-5c56-4a73-925a-24436487b3f4_1096x685.png" width="1096" height="685" data-attrs="{&quot;src&quot;:&quot;https://substack-post-media.s3.amazonaws.com/public/images/af5d5dfe-5c56-4a73-925a-24436487b3f4_1096x685.png&quot;,&quot;srcNoWatermark&quot;:null,&quot;fullscreen&quot;:null,&quot;imageSize&quot;:null,&quot;height&quot;:685,&quot;width&quot;:1096,&quot;resizeWidth&quot;:null,&quot;bytes&quot;:null,&quot;alt&quot;:&quot;image001.png&quot;,&quot;title&quot;:null,&quot;type&quot;:null,&quot;href&quot;:null,&quot;belowTheFold&quot;:false,&quot;topImage&quot;:true,&quot;internalRedirect&quot;:null,&quot;isProcessing&quot;:false,&quot;align&quot;:null,&quot;offset&quot;:false}" class="sizing-normal" alt="image001.png" title="image001.png" srcset="https://substackcdn.com/image/fetch/$s_!Dp4u!,w_424,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Faf5d5dfe-5c56-4a73-925a-24436487b3f4_1096x685.png 424w, https://substackcdn.com/image/fetch/$s_!Dp4u!,w_848,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Faf5d5dfe-5c56-4a73-925a-24436487b3f4_1096x685.png 848w, https://substackcdn.com/image/fetch/$s_!Dp4u!,w_1272,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Faf5d5dfe-5c56-4a73-925a-24436487b3f4_1096x685.png 1272w, https://substackcdn.com/image/fetch/$s_!Dp4u!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Faf5d5dfe-5c56-4a73-925a-24436487b3f4_1096x685.png 1456w" sizes="100vw" fetchpriority="high"></picture><div class="image-link-expand"><div class="pencraft pc-display-flex pc-gap-8 pc-reset"><button tabindex="0" type="button" class="pencraft pc-reset pencraft icon-container restack-image buttonBase-GK1x3M"><svg aria-hidden="true" width="20" height="20" viewBox="0 0 20 20" fill="none" stroke-width="1.5" stroke="var(--color-fg-primary)" stroke-linecap="round" stroke-linejoin="round" xmlns="http://www.w3.org/2000/svg" class="icon-noB79L"><g><path d="M2.53001 7.81595C3.49179 4.73911 6.43281 2.5 9.91173 2.5C13.1684 2.5 15.9537 4.46214 17.0852 7.23684L17.6179 8.67647M17.6179 8.67647L18.5002 4.26471M17.6179 8.67647L13.6473 6.91176M17.4995 12.1841C16.5378 15.2609 13.5967 17.5 10.1178 17.5C6.86118 17.5 4.07589 15.5379 2.94432 12.7632L2.41165 11.3235M2.41165 11.3235L1.5293 15.7353M2.41165 11.3235L6.38224 13.0882"></path></g></svg></button><button tabindex="0" type="button" class="pencraft pc-reset pencraft icon-container view-image buttonBase-GK1x3M"><svg xmlns="http://www.w3.org/2000/svg" width="20" height="20" viewBox="0 0 24 24" fill="none" stroke="currentColor" stroke-width="2" stroke-linecap="round" stroke-linejoin="round" class="lucide lucide-maximize2 lucide-maximize-2 icon-noB79L"><polyline points="15 3 21 3 21 9"></polyline><polyline points="9 21 3 21 3 15"></polyline><line x1="21" x2="14" y1="3" y2="10"></line><line x1="3" x2="10" y1="21" y2="14"></line></svg></button></div></div></div></a><figcaption class="image-caption"><em>The Gordie Howe International Bridge, Detroit to Windsor.</em></figcaption></figure></div><p>Bonjourhi!</p><p>This year Canada built a bridge and paid for it. That sentence contains the whole argument, though it takes a moment to see why.</p><p>The Gordie Howe opened this year, a mile of cable-stayed steel across the busiest commercial crossing on the continent. Canadian taxpayers funded it, and Canada&#8230;</p>
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   ]]></content:encoded></item><item><title><![CDATA[The Three Laws of Coherence Economics]]></title><description><![CDATA[A reference]]></description><link>https://www.bonjourhiinstitute.ca/p/the-three-laws-of-coherence-economics</link><guid isPermaLink="false">https://www.bonjourhiinstitute.ca/p/the-three-laws-of-coherence-economics</guid><dc:creator><![CDATA[Bonjourhi! Institute]]></dc:creator><pubDate>Thu, 03 Sep 2026 00:29:00 GMT</pubDate><enclosure url="https://substackcdn.com/image/fetch/$s_!k1uz!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fded93b6b-2ccf-4184-9a20-8ed1d2b9104c_1402x1122.png" length="0" type="image/jpeg"/><content:encoded><![CDATA[<div class="captioned-image-container"><figure><a class="image-link image2 is-viewable-img" target="_blank" href="https://substackcdn.com/image/fetch/$s_!k1uz!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fded93b6b-2ccf-4184-9a20-8ed1d2b9104c_1402x1122.png" data-component-name="Image2ToDOM"><div class="image2-inset"><picture><source type="image/webp" srcset="https://substackcdn.com/image/fetch/$s_!k1uz!,w_424,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fded93b6b-2ccf-4184-9a20-8ed1d2b9104c_1402x1122.png 424w, https://substackcdn.com/image/fetch/$s_!k1uz!,w_848,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fded93b6b-2ccf-4184-9a20-8ed1d2b9104c_1402x1122.png 848w, https://substackcdn.com/image/fetch/$s_!k1uz!,w_1272,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fded93b6b-2ccf-4184-9a20-8ed1d2b9104c_1402x1122.png 1272w, https://substackcdn.com/image/fetch/$s_!k1uz!,w_1456,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fded93b6b-2ccf-4184-9a20-8ed1d2b9104c_1402x1122.png 1456w" sizes="100vw"><img src="https://substackcdn.com/image/fetch/$s_!k1uz!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fded93b6b-2ccf-4184-9a20-8ed1d2b9104c_1402x1122.png" width="1402" height="1122" data-attrs="{&quot;src&quot;:&quot;https://substack-post-media.s3.amazonaws.com/public/images/ded93b6b-2ccf-4184-9a20-8ed1d2b9104c_1402x1122.png&quot;,&quot;srcNoWatermark&quot;:null,&quot;fullscreen&quot;:null,&quot;imageSize&quot;:null,&quot;height&quot;:1122,&quot;width&quot;:1402,&quot;resizeWidth&quot;:null,&quot;bytes&quot;:2188461,&quot;alt&quot;:&quot;A bookshelf labeled Coherence Economics, holding twelve numbered volumes and, on the shelf below, a white book titled The Nautilus resting on a slim orange book titled The Orange Cone.&quot;,&quot;title&quot;:null,&quot;type&quot;:&quot;image/png&quot;,&quot;href&quot;:null,&quot;belowTheFold&quot;:false,&quot;topImage&quot;:true,&quot;internalRedirect&quot;:&quot;https://www.bonjourhiinstitute.ca/i/214086880?img=https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fded93b6b-2ccf-4184-9a20-8ed1d2b9104c_1402x1122.png&quot;,&quot;isProcessing&quot;:false,&quot;align&quot;:null,&quot;offset&quot;:false}" class="sizing-normal" alt="A bookshelf labeled Coherence Economics, holding twelve numbered volumes and, on the shelf below, a white book titled The Nautilus resting on a slim orange book titled The Orange Cone." title="A bookshelf labeled Coherence Economics, holding twelve numbered volumes and, on the shelf below, a white book titled The Nautilus resting on a slim orange book titled The Orange Cone." srcset="https://substackcdn.com/image/fetch/$s_!k1uz!,w_424,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fded93b6b-2ccf-4184-9a20-8ed1d2b9104c_1402x1122.png 424w, https://substackcdn.com/image/fetch/$s_!k1uz!,w_848,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fded93b6b-2ccf-4184-9a20-8ed1d2b9104c_1402x1122.png 848w, https://substackcdn.com/image/fetch/$s_!k1uz!,w_1272,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fded93b6b-2ccf-4184-9a20-8ed1d2b9104c_1402x1122.png 1272w, https://substackcdn.com/image/fetch/$s_!k1uz!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fded93b6b-2ccf-4184-9a20-8ed1d2b9104c_1402x1122.png 1456w" sizes="100vw" fetchpriority="high"></picture><div class="image-link-expand"><div class="pencraft pc-display-flex pc-gap-8 pc-reset"><button tabindex="0" type="button" class="pencraft pc-reset pencraft icon-container restack-image buttonBase-GK1x3M"><svg aria-hidden="true" width="20" height="20" viewBox="0 0 20 20" fill="none" stroke-width="1.5" stroke="var(--color-fg-primary)" stroke-linecap="round" stroke-linejoin="round" xmlns="http://www.w3.org/2000/svg" class="icon-noB79L"><g><path d="M2.53001 7.81595C3.49179 4.73911 6.43281 2.5 9.91173 2.5C13.1684 2.5 15.9537 4.46214 17.0852 7.23684L17.6179 8.67647M17.6179 8.67647L18.5002 4.26471M17.6179 8.67647L13.6473 6.91176M17.4995 12.1841C16.5378 15.2609 13.5967 17.5 10.1178 17.5C6.86118 17.5 4.07589 15.5379 2.94432 12.7632L2.41165 11.3235M2.41165 11.3235L1.5293 15.7353M2.41165 11.3235L6.38224 13.0882"></path></g></svg></button><button tabindex="0" type="button" class="pencraft pc-reset pencraft icon-container view-image buttonBase-GK1x3M"><svg xmlns="http://www.w3.org/2000/svg" width="20" height="20" viewBox="0 0 24 24" fill="none" stroke="currentColor" stroke-width="2" stroke-linecap="round" stroke-linejoin="round" class="lucide lucide-maximize2 lucide-maximize-2 icon-noB79L"><polyline points="15 3 21 3 21 9"></polyline><polyline points="9 21 3 21 3 15"></polyline><line x1="21" x2="14" y1="3" y2="10"></line><line x1="3" x2="10" y1="21" y2="14"></line></svg></button></div></div></div></a></figure></div><p>Coherence Economics is a way of reading systems, economic, institutional, political, personal, by asking a single question. Are the parts of the system aligned, so that they reinforce one another, or misaligned, so that they drain one another. Alignment, here, is called coherence. Its loss is decoherence. Its honest rebuilding is recoherence.</p><p>Three laws &#8230;</p>
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   ]]></content:encoded></item><item><title><![CDATA[The Child at the Window]]></title><description><![CDATA[What 2008 was, and the one system that was kept from playing.]]></description><link>https://www.bonjourhiinstitute.ca/p/the-child-at-the-window</link><guid isPermaLink="false">https://www.bonjourhiinstitute.ca/p/the-child-at-the-window</guid><dc:creator><![CDATA[Bonjourhi! Institute]]></dc:creator><pubDate>Wed, 02 Sep 2026 20:09:00 GMT</pubDate><enclosure url="https://substackcdn.com/image/fetch/$s_!U2GF!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fadf0db38-1296-4c50-817d-e5c9b27c51eb_1100x733.png" length="0" type="image/jpeg"/><content:encoded><![CDATA[<div class="captioned-image-container"><figure><a class="image-link image2 is-viewable-img" target="_blank" href="https://substackcdn.com/image/fetch/$s_!U2GF!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fadf0db38-1296-4c50-817d-e5c9b27c51eb_1100x733.png" data-component-name="Image2ToDOM"><div class="image2-inset"><picture><source type="image/webp" srcset="https://substackcdn.com/image/fetch/$s_!U2GF!,w_424,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fadf0db38-1296-4c50-817d-e5c9b27c51eb_1100x733.png 424w, https://substackcdn.com/image/fetch/$s_!U2GF!,w_848,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fadf0db38-1296-4c50-817d-e5c9b27c51eb_1100x733.png 848w, https://substackcdn.com/image/fetch/$s_!U2GF!,w_1272,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fadf0db38-1296-4c50-817d-e5c9b27c51eb_1100x733.png 1272w, https://substackcdn.com/image/fetch/$s_!U2GF!,w_1456,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fadf0db38-1296-4c50-817d-e5c9b27c51eb_1100x733.png 1456w" sizes="100vw"><img src="https://substackcdn.com/image/fetch/$s_!U2GF!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fadf0db38-1296-4c50-817d-e5c9b27c51eb_1100x733.png" width="1100" height="733" data-attrs="{&quot;src&quot;:&quot;https://substack-post-media.s3.amazonaws.com/public/images/adf0db38-1296-4c50-817d-e5c9b27c51eb_1100x733.png&quot;,&quot;srcNoWatermark&quot;:null,&quot;fullscreen&quot;:null,&quot;imageSize&quot;:null,&quot;height&quot;:733,&quot;width&quot;:1100,&quot;resizeWidth&quot;:null,&quot;bytes&quot;:null,&quot;alt&quot;:&quot;A boy watches through a window as many other children play together on a schoolyard, on swings, a slide, and a soccer game, on the other side of a fence.&quot;,&quot;title&quot;:null,&quot;type&quot;:null,&quot;href&quot;:null,&quot;belowTheFold&quot;:false,&quot;topImage&quot;:true,&quot;internalRedirect&quot;:null,&quot;isProcessing&quot;:false,&quot;align&quot;:null,&quot;offset&quot;:false}" class="sizing-normal" alt="A boy watches through a window as many other children play together on a schoolyard, on swings, a slide, and a soccer game, on the other side of a fence." title="A boy watches through a window as many other children play together on a schoolyard, on swings, a slide, and a soccer game, on the other side of a fence." srcset="https://substackcdn.com/image/fetch/$s_!U2GF!,w_424,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fadf0db38-1296-4c50-817d-e5c9b27c51eb_1100x733.png 424w, https://substackcdn.com/image/fetch/$s_!U2GF!,w_848,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fadf0db38-1296-4c50-817d-e5c9b27c51eb_1100x733.png 848w, https://substackcdn.com/image/fetch/$s_!U2GF!,w_1272,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fadf0db38-1296-4c50-817d-e5c9b27c51eb_1100x733.png 1272w, https://substackcdn.com/image/fetch/$s_!U2GF!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fadf0db38-1296-4c50-817d-e5c9b27c51eb_1100x733.png 1456w" sizes="100vw" fetchpriority="high"></picture><div class="image-link-expand"><div class="pencraft pc-display-flex pc-gap-8 pc-reset"><button tabindex="0" type="button" class="pencraft pc-reset pencraft icon-container restack-image buttonBase-GK1x3M"><svg aria-hidden="true" width="20" height="20" viewBox="0 0 20 20" fill="none" stroke-width="1.5" stroke="var(--color-fg-primary)" stroke-linecap="round" stroke-linejoin="round" xmlns="http://www.w3.org/2000/svg" class="icon-noB79L"><g><path d="M2.53001 7.81595C3.49179 4.73911 6.43281 2.5 9.91173 2.5C13.1684 2.5 15.9537 4.46214 17.0852 7.23684L17.6179 8.67647M17.6179 8.67647L18.5002 4.26471M17.6179 8.67647L13.6473 6.91176M17.4995 12.1841C16.5378 15.2609 13.5967 17.5 10.1178 17.5C6.86118 17.5 4.07589 15.5379 2.94432 12.7632L2.41165 11.3235M2.41165 11.3235L1.5293 15.7353M2.41165 11.3235L6.38224 13.0882"></path></g></svg></button><button tabindex="0" type="button" class="pencraft pc-reset pencraft icon-container view-image buttonBase-GK1x3M"><svg xmlns="http://www.w3.org/2000/svg" width="20" height="20" viewBox="0 0 24 24" fill="none" stroke="currentColor" stroke-width="2" stroke-linecap="round" stroke-linejoin="round" class="lucide lucide-maximize2 lucide-maximize-2 icon-noB79L"><polyline points="15 3 21 3 21 9"></polyline><polyline points="9 21 3 21 3 15"></polyline><line x1="21" x2="14" y1="3" y2="10"></line><line x1="3" x2="10" y1="21" y2="14"></line></svg></button></div></div></div></a><figcaption class="image-caption"><em>Everyone was playing. Almost everyone. Remember the child at the window.</em></figcaption></figure></div><p>Bonjourhi!</p><p>Here is the thing no one tells you about the men who nearly ended the world economy in 2008. They were not criminals or geniuses. They were playing games. Simple ones, the kind you played as a child, in a yard, before dinner.</p><p>Strip the jargon from what happened, the tranche&#8230;</p>
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   ]]></content:encoded></item><item><title><![CDATA[The Slowest Poison]]></title><description><![CDATA[Why China has not won, and why that was never the question.]]></description><link>https://www.bonjourhiinstitute.ca/p/the-slowest-poison</link><guid isPermaLink="false">https://www.bonjourhiinstitute.ca/p/the-slowest-poison</guid><dc:creator><![CDATA[Bonjourhi! Institute]]></dc:creator><pubDate>Sat, 29 Aug 2026 00:13:12 GMT</pubDate><enclosure url="https://substackcdn.com/image/fetch/$s_!8fSD!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fe0b5d25a-a78d-40d1-9132-a902964a6647_548x365.png" length="0" type="image/jpeg"/><content:encoded><![CDATA[<div class="captioned-image-container"><figure><a class="image-link image2 is-viewable-img" target="_blank" href="https://substackcdn.com/image/fetch/$s_!8fSD!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fe0b5d25a-a78d-40d1-9132-a902964a6647_548x365.png" data-component-name="Image2ToDOM"><div class="image2-inset"><picture><source type="image/webp" srcset="https://substackcdn.com/image/fetch/$s_!8fSD!,w_424,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fe0b5d25a-a78d-40d1-9132-a902964a6647_548x365.png 424w, https://substackcdn.com/image/fetch/$s_!8fSD!,w_848,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fe0b5d25a-a78d-40d1-9132-a902964a6647_548x365.png 848w, https://substackcdn.com/image/fetch/$s_!8fSD!,w_1272,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fe0b5d25a-a78d-40d1-9132-a902964a6647_548x365.png 1272w, https://substackcdn.com/image/fetch/$s_!8fSD!,w_1456,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fe0b5d25a-a78d-40d1-9132-a902964a6647_548x365.png 1456w" sizes="100vw"><img src="https://substackcdn.com/image/fetch/$s_!8fSD!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fe0b5d25a-a78d-40d1-9132-a902964a6647_548x365.png" width="548" height="365" data-attrs="{&quot;src&quot;:&quot;https://substack-post-media.s3.amazonaws.com/public/images/e0b5d25a-a78d-40d1-9132-a902964a6647_548x365.png&quot;,&quot;srcNoWatermark&quot;:null,&quot;fullscreen&quot;:null,&quot;imageSize&quot;:null,&quot;height&quot;:365,&quot;width&quot;:548,&quot;resizeWidth&quot;:null,&quot;bytes&quot;:null,&quot;alt&quot;:&quot;image001.png&quot;,&quot;title&quot;:null,&quot;type&quot;:null,&quot;href&quot;:null,&quot;belowTheFold&quot;:false,&quot;topImage&quot;:true,&quot;internalRedirect&quot;:null,&quot;isProcessing&quot;:false,&quot;align&quot;:null,&quot;offset&quot;:false}" class="sizing-normal" alt="image001.png" title="image001.png" srcset="https://substackcdn.com/image/fetch/$s_!8fSD!,w_424,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fe0b5d25a-a78d-40d1-9132-a902964a6647_548x365.png 424w, https://substackcdn.com/image/fetch/$s_!8fSD!,w_848,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fe0b5d25a-a78d-40d1-9132-a902964a6647_548x365.png 848w, https://substackcdn.com/image/fetch/$s_!8fSD!,w_1272,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fe0b5d25a-a78d-40d1-9132-a902964a6647_548x365.png 1272w, https://substackcdn.com/image/fetch/$s_!8fSD!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fe0b5d25a-a78d-40d1-9132-a902964a6647_548x365.png 1456w" sizes="100vw" fetchpriority="high"></picture><div class="image-link-expand"><div class="pencraft pc-display-flex pc-gap-8 pc-reset"><button tabindex="0" type="button" class="pencraft pc-reset pencraft icon-container restack-image buttonBase-GK1x3M"><svg aria-hidden="true" width="20" height="20" viewBox="0 0 20 20" fill="none" stroke-width="1.5" stroke="var(--color-fg-primary)" stroke-linecap="round" stroke-linejoin="round" xmlns="http://www.w3.org/2000/svg" class="icon-noB79L"><g><path d="M2.53001 7.81595C3.49179 4.73911 6.43281 2.5 9.91173 2.5C13.1684 2.5 15.9537 4.46214 17.0852 7.23684L17.6179 8.67647M17.6179 8.67647L18.5002 4.26471M17.6179 8.67647L13.6473 6.91176M17.4995 12.1841C16.5378 15.2609 13.5967 17.5 10.1178 17.5C6.86118 17.5 4.07589 15.5379 2.94432 12.7632L2.41165 11.3235M2.41165 11.3235L1.5293 15.7353M2.41165 11.3235L6.38224 13.0882"></path></g></svg></button><button tabindex="0" type="button" class="pencraft pc-reset pencraft icon-container view-image buttonBase-GK1x3M"><svg xmlns="http://www.w3.org/2000/svg" width="20" height="20" viewBox="0 0 24 24" fill="none" stroke="currentColor" stroke-width="2" stroke-linecap="round" stroke-linejoin="round" class="lucide lucide-maximize2 lucide-maximize-2 icon-noB79L"><polyline points="15 3 21 3 21 9"></polyline><polyline points="9 21 3 21 3 15"></polyline><line x1="21" x2="14" y1="3" y2="10"></line><line x1="3" x2="10" y1="21" y2="14"></line></svg></button></div></div></div></a></figure></div><p style="text-align: justify;"><span>Bonjourhi!</span></p><p style="text-align: justify;"><span>Every account of the century assumes the ending is already written. China makes the goods. China holds the paper. China runs the surpluses while the West runs the deficits. The math looks settled. But the last time a nation moved into exactly this position, it took the whole prize, and China has not. It holds the ledger without holding the thi&#8230;</span></p>
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