Monday, October 12, 2026

First they came for the nickel

 Monetary economics in a cashless economy?

CALLS FOR A CBDC!

https://marginalrevolution.com/marginalrevolution/2026/10/michael-woodford-wins-nobel.html

'He went to the University of Chicago initially to study physics, then majored in cognitive science, got a law degree at Yale and later chose economics—drawn by both its theoretical rigor and concrete application. “Central banking,” he observes, “is one of the human activities where I think there is some real use to relatively abstract theoretical contributions.”'


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