fun facts

The new banking reserve requirement: 0%

This happened a few months ago and it slipped right past me. Simplified explanation… There’s a “reserve ratio” that governs how much capital a bank must keep in reserve when it lends money. It was 10%, meaning $100 of capital […]

fun facts

$30 million in cash for a domain name

Last year a blockchain company paid $30 million in cash for Voice.com. This is the most ever paid for a domain, by a lot. Sex.com is in second place at $13 million. | learn more

fun facts

The ancient Greek story of Phryne

“We don’t know for certain what exactly she was charged with or what she did to be charged… Whatever it was, the important fact is that if she was found guilty, Phryne would be executed. She was defended by one […]

thoughts of food

CBD from orange peels

“Hiro International has unveiled a new line of CBD products produced from, wait for it, orange peels, not from hemp or cannabis.” | learn more

under the microscope

Better science

“[Y]ou have probably come across claims that Science is broken in some way or another, that we live in an era of scientific stagnation, or some horror stories about researchers spending their lives applying for grants and not doing research. […]

better doing

Why we’re blind to probability

Spot on! “The idea that something can be likely and not happen, or unlikely and still happen, is one of the world’s most important tricks. But let me tell you about a common problem. I’m as guilty of it as […]