A Growing Problem

In times troglodytic, folks had to barter to get what they wanted. This form of economy was more efficient than doing it all yourself, but it was still considerably constrained by the coincidence of wants. That problem was solved by using money as a medium of exchange, which made transactions far more efficient by freeing [...]

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Kickin’ it in Kigali

Things are changing every moment here in Kigali: internet access, internet speed, where I live, where my office is, etc. I can’t even bother to tweet at the moment, let alone write a proper blogpost. Plenty of material though. I think I could write a pretty compelling economics paper about the intra-city bus system [...]

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Meaning May End in Madness

Good blogs are rarely drippy diaries nor are they dry op-eds, having more personality than the latter without the self-indulgence of the former. When I started this blog, I thought it would be more diary-like than it’s turned out to be,  but like those of many mice, my best laid scheme gang agley. Though I’m [...]

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Pause

If I’m not mistaken, this has been the longest unplanned break in TRZ posts since blogstart–it has not been for want of material. Here were some the topics I considered and dropped at various stages of development.

A primer on monetary policy as it relates to my finding $1500 in various forms of cash in my [...]

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Walker, Texas Banker

Today Felix Salmon highlighted some Chuck Norris facts pertaining to his experience in banking:
# Little-known Chuck Norris Fact: Chuck Norris does not mark to market. The market marks to Chuck.
# More: Chuck Norris does not go bankrupt. Chuck Norris ruptures banks.
# Source of hedge fund survivorship bias?: Funds that pay Chuck Norris 2 and 20 [...]

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