> Hello
> I am Clay
> I keep a /timeline and have a monthly /newsletter
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December 2021

This newsletter is a collection of things I have found in the last month that I enjoyed, found interesting, or simply wanted to share.

You can follow me more closely at my personal website or if you or someone you know is looking to buy or sell a home, you can point them to my real estate website.

‘But, like, what is money, man?’

How Credit Cards Make Money

Payments are deceptively complicated—everyone has used them and thinks they have good intuitions for how they work. However, payments require coordination of a dance between different parties who have extremely different incentives, both on a transaction-by-transaction basis and what they get out of participating at all.

Taking a Step Back

Underrated Reasons To Be Thankful

That humans didn’t evolve under strong alpha selection, meaning that 99% of us don’t get eaten by birds in our first moments of life as we crawl down the beach towards the ocean, which is nice.

Rich Uncle Pennybags

Monopoly’s Origin and The Landlord’s Game

Today, the “real story” behind the invention of Monopoly, America’s most iconic board game, is well-known. But, as the game’s popularity began to intensify, executives at Parker Brothers wanted to keep the origin of Monopoly a secret. LeRoy Howard, a game designer and developer at Parker Brothers, advised George S. Parker about purchasing Monopoly from Charles Darrow in 1935. During the acquisition, Parker Brothers learned that Darrow’s commercially-produced version of the board game was based on Elizabeth M. Phillips’s previously-patented creation, The Landlord’s Game. In the end, Parker Brothers purchased the original patent from Phillips for $500. The document, titled “The Origin of the Game of Monopoly,” includes a handwritten annotation that reads “Not for Publication, L.H.” and was originally marked “Confidential.”

Links

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Thanks for reading. Have a great month,

Clay

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