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Moving Money

The Future of Consumer Payments
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Once we paid for things with bills, coins, or cheques. Today we pay with 0s and 1s-digital 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.
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.
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. Among his many books is Good Capitalism, Bad Capitalism and the Economics of Growth and Prosperity (Yale, 2006), written withWilliam Baumol and Carl Schramm. Martin Neil Baily is also a senior fellow in Economic Studies at Brookings. A member of the president's Council of Economic Advisers from 1994 to 1996, he was CEA chairman 1999-2001. He is the author of Transforming the European Economy (Institute for International Economics, 2004).
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