It is high time for advanced-economy governments to accelerate the move to “less-cash societies” by addressing the growing disconnect between steadily rising currency issuance (mostly in large notes like the $100 bill) and ever-declining use of cash in legal, tax-compliant payments.

The Golub Center for Finance and Policy (GCFP) at the MIT Sloan School of Management is pleased to announce the appointment of Chester Spatt as a Distinguished Senior Fellow to lead the Center’s research on regulation of financial markets and institutions. In addition to playing a substantial role i...

We are pleased to announce the launch of the Golub Center for Finance and Policy’s new Banking Reform Clearinghouse, or BRiC. With the recent passage of the Financial CHOICE Act of 2017 in the U.S. House of Representatives and the [...]