No. 01
The Rise of Financial Engineering
How executive compensation gradually shifted corporate priorities away from long-term investment and toward share-price optimization.
Research Notes
The reasoning, before it is polished
Open notebooks: data I am chasing, models I am stress-testing, and methodology I am still arguing with. Provisional by design.
No. 02
Debt and the Illusion of Prosperity
Why borrowing can create the appearance of growth long before it creates lasting value.
No. 03
The Incentive Structure Behind Modern Markets
A framework for understanding why institutions behave the way they do.