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…
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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…
Dead Malls and the Future of the U.S. Economy
I recently stumbled across (and promptly binge-watched) a YouTube series by Dan Bell on dead malls. These shopping complexes are…
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…