The Power of Cash: Why Using Paper Money is Good for You and Society

Why cash is worth preserving in an increasingly “cashless” society

Over the last thirty years, we have witnessed a rapid transformation in the way that people pay for goods and services. Where we used to use cash for all but our largest purchases, many people now prefer credit cards, debit cards, cryptocurrency, and electronic services like Venmo, PayPal, or Alipay. And that's not necessarily a good thing.

In The Power of Cash: Why Using Paper Money is Good for You and Society, Professor Ja...