Prior Published Work
01
Sorcerer’s Apprentice & The Man Who Broke The Markets
Read the publication ↗In 2020, the global economy shut down—and the stock market soared.
Bankrupt companies became hot investments. Joke currencies created fortunes. Central banks conjured trillions of dollars with keystrokes. A celebrity day trader picked stocks from a Scrabble bag and kept winning.
It looked like madness. It wasn’t.
The Sorcerer’s Apprentice tells the story of how we built an economic system capable of becoming detached from the economy itself. From the transformation of money and the rise of economic management to central banking, financial engineering, computerized markets, passive investing, social media and artificial intelligence, it traces a century of attempts to make markets safer, smarter and more controllable.
Again and again, the tools "worked"—until they changed the system they were built to manage.
Today, prices are no longer produced solely by people judging what something is worth. They are targets of policy, inputs to models, triggers for algorithms and signals to other machines. Markets increasingly react to themselves. Financial wealth can rise while the society beneath it grows poorer. And every rescue leaves the system more dependent on the next.
Now AI is entering the loop.
The Sorcerer’s Apprentice is the story of how money, markets and machines became a world of their own—and why understanding that world is essential to navigating what comes next.