Say that the local lottery system has decided to innovate. Lottery tickets can now be used as money. A ticket with a face value of $x can...

The Bank of England recently announced that it will end a 300-year tradition of allowing employees to keep chequing accounts at the Bank...

John Cochrane has written  two posts  that question the ability to implement negative interest rates given the wide range of 0%-yieldin...

Last week Citi's Willem Buiter published a note on the three ways to get rid of the effective lower bound to nominal interest rates...

Shibboleth , by Doris Scalcedo John Cochrane writes an interesting post that makes the case that removing or penalizing cash would no...

Does a lowering of a central bank's interest rates create inflation or deflation? Dubbed the ' Sign Wars ' by Nick Rowe, th...

John Cochrane has had a few interesting comments on Greece leaving the Euro, here , here , and here . Cochrane doesn't believe in the ...