Rogoff and the Cashless Society: the Wild Imaginings of an Economist Playing Crime Expert

Money is the mother of all evil. People kill for it, lie for it, steal for it and a big wad of cash seems to justify the most heinous attitudes in our fellow men. How to stem this bad human habit, and suppress cupidity and its dire consequences, has been one of the great aims of societies. Not only have we so far failed to quell this phenomenon, but we have often made things worse by trying to. Coming up next, is Rogoff’s plan to eliminate crime from the world by depriving it of cash.