What follows is an essay on how my thinking on bitcoin has changed since I began to write on the topic starting with my first post in Octob...

I was disappointed to see that First Trust Bank, a commercial bank based in Northern Ireland, will stop issuing its own brand of banknotes....

I finally had some time to read George Selgin's excellent Floored! over the Christmas holiday. Some family members saw me reading ...

Narayana Kocherlakota, formerly the head of the Federal Reserve Bank of Minneapolis and now a prolific economics blogger, penned a rece...

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...

Many moons ago Matt Yglesias wrote that the "zero lower bound is a pure artifact of the existence of physical cash."  In thi...

In you were living in Canada between 1870 and 1880 there's a good change that you might have held in your wallet the odd beast that w...

Robert the Bruce: Scottish  £20 issued by Clydesdale Bank. Not legal tender This is my last post on legal tender. It builds on my ini...