Book notes: The curse of cash, by Kenneth S Rogoff


Kenneth S Rogoff, The curse of cash, Princeton University Press, 2016, 296 pages

In this lively and clearly written book, professor Kenneth Rogoff argues not for the outright abolition of paper currency (which he would prefer, but thinks probably impracticable), but for its reduction to small denomination notes – and, if possible, replacement even of these by coin. He wants this because, he maintains, cash prevents good men doing good and allows bad men to do harm. His argument for these claims

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: