Latest / The Productivity Podcast with Fexingo: Output, Efficiency, and Long-Term Economic Growth
How the Pneumatic Tube Cut Banking Productivity Costs
Before email or even the telegraph, the pneumatic tube was the killer app of urban communication — and in banking, it was a genuine productivity revolution. In this episode, Lucas and Luna trace how underground air-powered tubes moved cash, checks, and messages across cities in minutes, cutting transaction times from hours to seconds. They explore the 1897 London bank clearing house installation, the rise of tube networks in Paris and New York, and the economics: how a one-time capital investment in infrastructure paid for itself through speed, accuracy, and labor savings. They also ask…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.