https://bifurcations.org/en/tags/economics/Recent content in Economics on BifurcationsHugoen-CASat, 03 Oct 2026 00:00:00 -0400https://bifurcations.org/en/texts/the-expensive-intelligence-bubble/Fri, 02 Oct 2026 00:00:00 -0400https://bifurcations.org/en/texts/the-expensive-intelligence-bubble/<p><em>Revision, October 3, 2026 — This essay has been shortened and reorganized to remove repetition and tangential passages. Its central argument is unchanged.</em></p> <p>I am currently developing Équilibre, an accounting application that has become much more ambitious than I initially expected.</p> <p>Its core must keep accounting entries consistent, preserve their history and allow corrections without destroying the audit trail. An architectural error can remain invisible for a long time: the software runs, the numbers look plausible, but something is wrong.</p>