Dispatches
Research, observations, rabbit holes, and the occasional bad idea that survived review.
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We Built a Model Because “The Economy Feels Weird” Is Not a Measurement System
The economy can look healthy in one statistic and fragile in another. We’re building a model to measure vulnerability, shocks, transmission and—most importantly—how much ability the system still has to respond before several manageable problems become one very unmanageable one.
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Welcome to the Rabbit Hole. Please Keep Your Hands Inside the Spreadsheet.
Most research projects begin with a research question. Ours generally begin with Dave saying, “I was just wondering…” Then Morgan gets interested, Claude disappears into an archive, Monkey starts calculating, Earnest says “That’s stupid,” and somewhere along the way another spreadsheet achieves consciousness.