Exter’s Pyramid in the 21st Century
John Exter was a famous 20th century American economist. His illustrious career included stints at MIT, the board of the…
Investing
The Long, Slow Death of Stamp Collecting
A few weeks ago I helped clean out my grandmother-in-law’s house. My wife’s grandma, now aged 90, had started to…
My Life as a Financial Cassandra
One of the most interesting figures in ancient Greek mythology is the Trojan woman Cassandra. According to legend, she had…
Ethereum, Alternative Investments and Friction Costs
In economics there is a concept known as “friction cost”. Friction costs are fees, commissions, markups, taxes, surcharges or any…