Book : The Curse Of Cash How Large-denomination Bills Aid...

-Titulo Original : The Curse Of Cash How Large-denomination Bills Aid Crime And Tax Evasion And Constrain Monetary Policy

-Fabricante :

Princeton University Press

-Descripcion Original:

Review Winner of the 2017 PROSE Award in Economics, Association of American PublishersOne of Financial Times (FT ) Best Economics Books of 2016One of Bloomberg’s Best Books of 2016Selected for Canada’s Financial Post Best Personal Finance and Economics Books of 2016Longlisted for the Financial Times and McKinsey Business Book of the Year 2016In a brilliant and lucid new book, The Curse of Cash, the Harvard economist Kenneth Rogoff gives a fascinating and thorough account of the argument against cash.---John Lanchester, New York Times MagazineAn excellent book on the history and the origins of cash, which also goes into much depth on the issue of cash constraining monetary policy.---Jon Hartley, Forbes , The great accomplishment of his book is that his arguments are convincing. . . . Its clear and coherent, and even if you disagree with him in the end, chances are youll think a little bit differently about something of which most of us give no thought whatsoever.---Bethany McLean, Washington Post[A] fascinating economic manifesto. . . . [The Curse of Cash] is an absorbing exploration of the uses, and misuses, of currency, and its intractability in controlling modern economies. Publishers WeeklyEconomist Rogoff, the former chief economist of the International Monetary Fund, offers a detailed case for eliminating paper money. . . . For both the elimination of paper money and the employment of negative interest rates to combat deflationary recessions, Rogoff painstakingly presents both the advantages and the drawbacks. . . . Provocative. Library JournalIn a witty new book, The Curse of Cash, economist Kenneth Rogoff argues the human race would be better off without paper money. Hes onto something.---Hiawatha Bray, Boston Globe[The Curse of Cash] makes the case for encouraging the U.S. government to drastically scale back on $100 bills in circulation. The book . . . offers a thought-provoking theory for phasing out paper money, not eliminating it.---Susan Tompor, Detroit Free PressMeticulously written, [The Curse of Cash] covers everything needed for such a monetary reform. But the book is not excessively polemical. Rogoff details almost all the arguments against tinkering with paper currency, then labors to refute or defuse them.---Peter Garber, Finance & DevelopmentRogoff is always worth listening to. . . . Where Rogoff is on very solid ground is when he says the process of weaning us further off cash should begin with the abolition of high-denomination notes.---David Smith, Sunday TimesRogoff makes a compelling case for the crime-fighting power of his idea.---David Nicklaus, St. Louis Post Dispatch[Rogoff] understands that getting rid of cash . . . is not exactly an easy sell. So Rogoff builds the case against cash, loading up on all the things wrong with paper money. . . . Rogoffs case against cash is so cogently argued that its hard to believe that we havent already gotten rid of paper bills and coins--or at least larger bills.---Mark Gimein, StrategyBusiness , An illuminating, provocative and fact-packed work that does make you wonder why on earth we allow so much cash to slosh around. It also exposes some well-worn pub truths as urban myths.---Patrick Hosking, The TimesKen Rogoff, the Harvard economist, who argues in [his] new book that we should start to phase out cash is, for me, on the money.---Ben Chu, IndependentThis book is a rare bird indeed: accessible, absorbing and often deadpan funny.---Brian Bethune, Macleans[The Curse of Cash] is a fascinating contribution to the debate about what might be done to help get many wealthy countries out of an economic funk.---Clancy Yeates, Sydney Morning HeraldLively and clearly written.---Geoffrey Wood, Central Banking JournalRecommended for readers who seek a greater understanding of negative interest rates and the possibility of eliminating cash. ChoiceYou may not have any in your wallet, but $100 bills