Library / Finance
Finance
A working collection about money, risk, markets and the decisions finance exists to support.
In this collection
What is money, really?
A S$5 plate of wanton mee, an ancient clay tablet and a giant stone all point to the same lesson: money is not value, and price is not wealth.
What is finance?
Money helps us transact. Finance is what happens when we start deciding what money should do next — across people, purposes, risk and time.
Don't avoid risk. Manage it.
Risk is everywhere. A practical five-step framework for deciding what to avoid, reduce, transfer, retain --- and when a risk is worth taking.
What is Decentralised Finance (DeFi)?
A simple guide to Decentralised Finance — what changes when financial services are built on blockchains and some jobs traditionally handled by financial institutions are carried out by smart contracts instead.