August 25, 2020Sources
Covid is accelerating the transition away from cash and encouraging the development of state-backed digital currencies. In the past two weeks, the People's Bank of China launched a trial run for digital renminbis in three major cities, and the Boston…
September 12, 2019Analysis
Three competing theories of money
In the past year, Modern Monetary Theory (MMT) has shifted the policy debate in a way that few heterodox schools of economic thought have in recent memory.