February 21, 2022

What qualities lead to robustness over fragility?

Knowing about Goodhart’s Law, sludge, and other failure modes of systems and institutions, I’m surprised that society functions at all.

This suggests there is some underlying robustness that I don’t understand.

#covid-19 has illustrated the fragility of relying on global supply chains. This has highlighted a trade-off with my belief that globalization is a good thing, and that we should be maximizing gains from specialization and comparative advantage.