“…Balanced excitation–inhibition (E/I) during activity is a common feature of neuronal networks (Anderson, Carandini, & Ferster, ; Haider, Duque, Hasenstaub, & McCormick, ; Okun & Lampl, ; Rudolph, Pospischil, Timofeev, & Destexhe, ). During evoked activity and local field potential (LFP) oscillations, balanced E/I currents underlie depolarizations in hippocampal and cortical excitatory principal cells in vivo (Atallah & Scanziani, ; Gan, Weng, Pernía‐Andrade, Csicsvari, & Jonas, ; Wilent & Contreras, ). A key characteristic of balanced E/I inputs is that they maintain membrane voltage near spike threshold and permit precise control over spike output rate (Gabernet, Jadhav, Feldman, Carandini, & Scanziani, ; Higley & Contreras, ; Shu, Hasenstaub, & McCormick, ; Wehr & Zador, ).…”