If all our transactions went digital, how would that impact privacy, crime, convenience, and cost? Lou explores the pros and cons of a cashless society, and how a move away from cash in India and Sweden may offer some clues.
SOURCES & FURTHER READING
Bhaskar Chakravorti on India’s demonetization
https://hbr.org/ideacast/2018/06/when...
Bhaskar Chakravorti on hidden expenses related to cash
https://hbr.org/2014/06/thehiddenco...
Brett Scott on banks “nudging” us towards going cashless
https://www.theguardian.com/commentis...
Interview with Kenneth Rogoff on The Curse of Cash
https://www.npr.org/2016/09/01/492288...
Cashless privacy risks and Operation Choke Point
https://www.theatlantic.com/technolog...
Haigh’s paper on the origins of the “cashless society” notion
https://www.cambridge.org/core/servic...
Study on how people are willing to pay more with credit over cash
https://link.springer.com/article/10....
CREDITS
Writer: Louis Foglia
Editor: m.cho
Researcher: Page Ellerson
Supervising Producer: Allison Brown
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