When you can hide from the indirect effects of your actions, you can cheat.

· Bits and Bobs 7/1/24

There are lots and lots of moves that create local coherence and value… but at the cost of significant externalities: indirect effects.

Many apparently good ideas are actually on net quite bad because of this smuggled externality.

If you are forced to reckon with the indirect effects of your actions, it effectively internalizes some of those externalities and forces things to balance better.

It forces you to operate in a way that creates more value in resonance with the broader system.