Frequency Analysis #10: Bottlenecks, building automation hack and Baltic unicorns
Here's a paper via Marginal Revolution and Alexander Berger by Ian Dew-Becker on Tail Risk in Production Networks. I'm obligated
What Fools These Mortals Be
In our discussion of stagnation so far, we have focused on economic, natural and cultural problems that have arisen over
Frequency Analysis #9: Casinos, IPOs and hacking woes
Sorry for the delay this week. I had an infection and getting out the piece on risk aversion (please do
Violent Delights Have Violent Ends
Nicolo Machiavelli famously asked "Whether it be better to be loved than feared or feared than loved?" The often repeated
Frequency Analysis #8: Risk controls, casino hacks and political leverage
It is often said about risk that the riskiest thing one can do is nothing at all. It is true
The Measure You Use Will Be Measured to You
Up to this point, we have taken it for granted that economic growth approximates human progress. Last week's discussion of
Frequency Analysis #7: Energy season, diverse disclosures and red teams
Over on the progress side of Tail Risk, we've made it to the cultural explanations of stagnation. Culture is a
The Tyrant Custom
Last week's missive on progress concluded with two remaining natural explanations for stagnation. These were the demographic and resource depletion
Frequency Analysis #6: Feedback loops in finance and tech
"Nature abhors a vacuum," Aristotle postulated. It's the last weekend of unofficial summer and as kids return to school, finance
There Is No Wealth But Life
Talk to nearly anyone about the decline of growth in the the last 50 years and you'll likely get two
