Bits about Money

About the modern financial infrastructure that the world sits atop of.

Get essays a bit faster

I write about once a week, on the intersection of tech, financial infrastructure, and systems thinking. It's free.

Recent editions

Markets in power

How physics and infrastructure combine to generate (ba dum bum) the power market.

Siting bank branches

Community access to banking is downstream of siting decisions in commercial real estate, in fascinating detail.

The optimal amount of fraud is non-zero

Counterintuitively, businesses, customers, and society prefer having fraud to what they'd need to do to not have it.

You can read the rest here →