drew

On debt specifically, I would recommend David Graeber's "Debt: the first 5000 years" which is an anthropological history of debt and credit For something technical on debt capital markets, I'd recommend Veronesi's (2010) Fixed Income Securities

I used to work in retail lending and corporate cash management before I worked in trading, probably the biggest benefit of all my job hopping is getting to see different facets of the industry but in truth I feel that I've barely scratched the surface. A lot of finance out there!

no kidding! and then these crazy nerds keep on making more of it every day

You're telling me, i look at the MEV space that @0x9116 and @0xdoug work in and feel my brain turn to mush... the way people can scan the mempool, reorder txns on-chain and pay miners to execute their preferred order is wild to me

interesting! coming from HFT that all seems pretty natural to me.

What makes it so odd is that I can see the actors at play in public! The possibility for agent based modeling of actual actors on chain seems very interesting

oh man, it sure does doesn't it?

Its a big flowchart of who has capital and who needs it. Corporate (loans, bonds, equity) and retail (credit cards, auto, student, mortgage loans, deposits) on one side; banks, mutual funds, CEFs, BDCs, hedge funds, pensions/endowments, 401k on the other side