Book notes: Money in the 21st century: cheap, mobile, and digital, by Richard Holden
Author’s call for compulsory end of cash and transition to CBDC seems like ‘overkill’
Richard Holden, Money in the 21st century: cheap, mobile, and digital, University of California Press, Oakland, 2024, 232 pages
Richard Holden, professor of economics at the University of New South Wales, has written a provocative new book, arguing for a radical, government-led (but defensive) change in our monetary and financial system.
The book is organised, not always successfully, around the three descriptors in the title: money as cheap (low real neutral interest rates), mobile (across
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