Alas, the disadvantage of any index is that it consolidates lots of complex information into a single number. There are countless ways to do that; each has the potential to produce a different outcome. Malcolm Gladwell makes this point brilliantly in a New Yorker piece critiquing our compelling need to rank things.2 (He comes down particularly hard on the college rankings.) Gladwell offers the example of Car and Driver’s ranking of three sports cars: the Porsche Cayman, the Chevrolet Corvette, and the Lotus Evora. Using a formula that includes twenty-one different variables, Car and Driver
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