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Central banks have a different function in a cashless world says economist Mariana Mazzucato

The development puts new pressure on such institutions to reimagine their role and become more innovative.

[Mariana Mazzucato, David Eaves] Central banks in a cashless world

Economics has always had a strange and much-debated relationship with money. For a long time, economists including Nobel laureates like Merton Miller and Franco Modigliani regarded money merely as a medium of exchange. But by building on the work of John Maynard Keynes and Hyman Minsky, economists have since moved beyond a narrow focus on the quantity of money to consider its structural influence on the real ec.

[Mariana Mazzucato, David Eaves] Central banks in a cashless world

[Mariana Mazzucato, David Eaves] Central banks in a cashless world
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