honor works because the radius of cooperation, and therefore reputation are narrow. We create measurements as we scale. The problem with credit scores is not that they are incorrect, but that the financial system is organized to create moral hazards. Today we have criminal, civil-legal, credit, tax, property title, voting, education, and income scores. And now we’ve added google and social media ‘scores’. We create records everywhere. And we have no ‘right to be forgotten’ that the europeans do.