If you’ve ever wondered where the term “banker’s hours” came from, look back to the booming post-war economy of 1950s America. That’s when banks were deluged with so many checks, each of which had to be reconciled by hand, that… Read More ›
Finance
Real estate is a project-based business
A friend of mine just sent me this blog post from the venture capital firm, Shadow Ventures. They specialize in the built environment (i.e. real estate and construction) and the post is called, “What McKinsey gets wrong about the built… Read More ›
Taiwan Extends a Helping Hand: US$500,000 Pledged to Aid Lahaina’s Wildfire Recovery
In the wake of the devastating wildfires that engulfed the picturesque city of Lahaina, Hawaii, Taiwan has stepped forward with a heartening gesture of support. The Taipei Economic and Cultural Office (TECO) based in Honolulu made an announcement that resonates… Read More ›
Kazakhstan and Vietnam Forge Stronger Ties with Multi-Sectoral Agreements
In a move symbolizing a commitment to deepened bilateral relations, Kazakhstan and Vietnam have finalized several pivotal agreements aimed at broadening cooperation across a diverse range of sectors. As announced on August 21 by Kazakhstan’s President Kassym-Jomart Tokayev, these deals… Read More ›
The elementary economic law of war
Money always moves everything (or almost) and so the war which is subsidized by money but which also aims to have more money is the abacus of the economy, the elementary economic law of society. If the world lived in… Read More ›
Finance Book Review: The Psychology of Money
I stumbled upon this book as a recommendation amongst personal finance professionals and rightfully so, it tackles one of the key roots in personal finance that I have addressed in the past. That key pillar is that personal finance is… Read More ›
Fragment on Economic Mechanics of “Caravaneer 2”
I stayed up late last night examining the game’s coding and figuring out how it all factors into the actual gameplay. As I suspected, there is a lot of complex mathematical equations employed within the game files that very sophisticated… Read More ›
Update (19 August 2023)
While playing Caravaneer 2, I came across a nifty exploit that has been talked about over the years. It turns out there were a lot of misconceptions and inaccuracies about the game’s economic mechanics that I feel can be addressed… Read More ›
A Review of “Caravaneer 2”
It has been a while since I last wrote something substantial on The Fourth Estate. While trying to figure out what I should be writing next, I recently decided to replay an old Flash game that I once played back… Read More ›
Update (18 August 2023)
I know it has been a while since I was able to write something new and substantial for the Blog. The problem is that I had found increasingly unsure what else I should be writing about. That will change soon… Read More ›
The Fourth Estate 
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