The State Model of Economic Success in the US

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I wish that we experimented with it more. I do wonder to what extent has this kind of state model been part of the reason why the US has been so successful economically? Does it provide a sort of way to decentralize the experiment that's actually really powerful? For example, with the pandemic, different states had significantly different rates of wearing masks. And I think we saw some interesting variation in how well different policies work.

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What is risk-driven development? How should we weigh advice, best practices, and common sense in a domain? What makes some feedback loops better than others? What's the best way to take System 2 knowledge and convert it to System 1 intuition? What are forward-chaining and backward-chaining? When is it best to use one over the other? What are the advantages and disadvantages of centralization and decentralization?

Satvik Beri is a cofounder and head of Data Science at Temple Capital, a quantitative hedge fund specializing in cryptocurrency. He is a big believer in the theory of constraints, and he has a background helping companies find and eliminate major development bottlenecks. Some of his interests include machine learning, functional programming, and mentorship. You can reach him at satvik.beri@gmail.com.

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