Moving Money: The Future of Consumer Payments

(Paperback)

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Description

Once we paid for things with bills, coins, or cheques. Today we pay with 0s and 1sdigital entries on credit or debit cards, or electronic messages sent over the Internet. Digital money moves faster, more cheaply, and is more convenient than paper or metal. In Moving Money, noted economists Robert Litan and Martin Baily bring together a group of distinguished analysts to examine this trend toward digital means of consumer payment.

Author Bio

Robert E. Litan is a senior fellow in Economic Studies at the Brookings Institution and vice president for research and policy at the Kaufmann Foundation. Martin Neil Baily, a former chairman of the Council of Economic Advisers, is also a senior fellow in Economic Studies at Brookings.