Join 📚 Josh Beckman's Highlights
A batch of the best highlights from what Josh's read, .
After 2008, there was a perception that the government was implicitly guaranteeing the biggest banks, and that this was bad; the reaction was to regulate the biggest banks more strictly, to try to prevent them from becoming bigger, and to favor smaller regional banks. After the 2023 crisis, there is a realization that *the government is implicitly guaranteeing all of the banks* . And if you are in that business anyway, you will prefer to guarantee a few big, well-capitalized, closely supervised banks rather than thousands of risky ones.
Money Stuff: Regional Banks Don’t Feel Loved
Matt Levine
I thought it was notable that by making some minor tweaks to Ruby code it can now outperform a precompiled statically typed language in a purpose-built example of when it is slow. I’m hopeful that someday with future advancements in the Ruby JIT even the small tweaks might not be necessary.
Ruby Might Be Faster Than You Think
johnhawthorn.com
The **Queuing Rule of Thumb (QROT)** is a mathematical formula, known as the queuing constraint equation when it is used to find an approximation of servers required to service a [queue](https://en.wikipedia.org/wiki/Queue_area). The formula is written as an [inequality](https://en.wikipedia.org/wiki/Inequality_(mathematics)) relating the number of servers (*s*), total number of service requestors (*N*), service time (*r*), and the maximum time to empty the queue (*T*):
Queuing Rule of Thumb
wikipedia.org
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