Vibes Are a Legitimate Economic Indicator

Scanlon is immensely talented and onto something important. I wish she had devoted multiple chapters exclusively to vibes. Her editor should have given her the confidence to go for it and write the definitive book on the vibes-based economy. Don’t bother with the explainers or Taylor Swift, just go straight into why emotions deserve to be a field o... See more

Vibes are a field of study that deserves more attention and funding. In the most fun version, Scanlon would be gifted a $50 million pot of money for her to let loose on the trading markets. If vibes are as predictive as I think they could be, she could make all sorts of fun trades. The trading strategy would be something like:

1. Create a vibe measurem

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Her concept has more depth than those theories. I would characterize economic vibes as collective feelings in the digital age. Almost all previous versions of economic theory around consumer sentiment have been formed in a pre-internet world. Until now, no one had updated those frameworks for the age of algorithms. When I emailed Scanlon about how ... See more