All Posts Tagged With: "credit cards"
America’s Debt Paranoia
The headlines are alarming. The New York Times panicked that Americans are “Running in Debt” and just a few years later warned that Americans were “Borrowing Trouble.” Business Week asked, “Is the Country Swamped with Debt?” and U.S. News and World Report worried that “Never Have So Many Owed So Much.” Harper’s even expressed fear [...]
23Sep2009 | Todd Zywicki | 3 comments | ContinuedBook Review: Paying with Plastic: The Digital Revolution in Buying and Borrowing, 2nd edition, by David S. Evans and Richard Schmalensee
Paying with Plastic: The Digital Revolution in Buying and Borrowing, 2nd edition by David S. Evans and Richard Schmalensee MIT Press • 2005 • 367 pages • $62.00 hardcover; $24.95 paperback Reviewed by J. H. Huebert The market has an amazing ability to induce voluntary cooperation among millions of people around the globe to provide [...]
1May2006 | Jacob H. Huebert | 0 comments | ContinuedFree-Market Justice Is in the Cards
Nearly everyone takes it for granted that if government did not protect consumers from fraud, no such protection would be provided. The free market, however, protects consumers in countless ways, all without any government intervention. In fact, it does so more efficiently and effectively than the government can. One of the most impressive examples of [...]
1Apr2005 | Jacob H. Huebert | 0 comments | ContinuedThe New Money
By now you have probably received and spent some of the U.S. Treasury’s new currency. Starting with the hundred-dollar bill in 1996, the Treasury has redesigned all three of our larger denomination bills, and plans to redesign the smaller bills in the future. Treasury Secretary Robert Rubin, on release of the new twenty-dollar bill in [...]
1May1999 | George C. Leef | 0 comments | Continued-
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