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finance writing on leonacosta - essays, notes and ideas by Leon Acosta, one idea per post.

nominal value fallacy
essays

nominal value fallacy

we've confused a number as the definition of wealth, but that math doesn't hold in traditional finance. what if everything you work for today, is worth more tomorrow

apr 16, 2026
the big mac should be getting cheaper
essays

the big mac should be getting cheaper

a fixed product rose 154%. CPI says 82%. the gap tells you everything – US 2000–2024

apr 2, 2026
the price of everything is the price of the dollar
essays

the price of everything is the price of the dollar

five products, one pattern – why prices rise when we keep getting better at making things

apr 5, 2026
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