Medium of Exchange
Alex VroncesSerious thinking about finance, technology, and public policy
| Platform |  | Pricing | Only free issues | Publishes | Weekly |
|---|---|---|---|---|---|
| Issues | 47 | Founded | 5 years ago | Last Issue | 2 months ago |
| Active | |||||
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Jean Béraud, “Paris, rue du Havre,” 1882.
It would have been hard to read mid-century dystopian sci-fi and not worry about the future of interior life. In The Demolished Man, the Espers could read the minds of others. They were employed as...
Field notes: March 2026
Théodore Rousseau, “A Meadow Bordered by Trees,” 1845
In the news
Who will pay for the NSF fee cap?
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New NSF fee regulations bring down cost of banking for Canadians (Financial Consumer Agency of Canada)
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Canada’s latest mo...
Canada’s new bank bargain is old
Vincent van Gogh, “Café Terrace at Night,” 1888.
As I sipped my third espresso at Little Victories, a boisterous coffee shop near Parliament Hill, Andrew Moor still wasn’t done teaching me about capital requirements. I had switched to mari...
I want to take Mark Carney to the dog park
My dog
Dog parks are a great leveller. The historian Walter Scheidel argued that cataclysm is what reduces inequality. It shakes the world like an Etch A Sketch, giving the have-nots a chance to redraw the world so that they have more. Pea...
Field notes: February 2026
Cornelius David Krieghoff, “A Winter Incident,” 1860
In the news
De-risking bank balance sheets is risky
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Global regulators fret about banks’ rising use of credit risk transfers (Financial Times)
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Bank of America commits $...
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I write about finance, technology, and public policy.
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