Imagine what education would look like if upon completion every graduate was guaranteed a job paying a living wage, democratically created, doing meaningful work… This is a political possibility in most countries in the world today: Modern Monetary Theory (MMT) demonstrates that, provided a country has sovereignty over its currency, which most now…

Bitcoin is the first major decentralized cryptocurrency with wide acceptance. A core technological innovation of Bitcoin is blockchain, a secure and pseudonymous general ledger that stores every Bitcoin transaction. Blockchain has received enormous attention from both the commercial and academic worlds, and it is generally recognized as the…

This article explores the ways in which immigrant children in Cyprus negotiated and perceived their class positions amidst the transnational activities of their parents. As findings indicate, children develop acute understandings of the impact money has on their lives. Drawing on resources physically or imaginarily available to them, children…

In this article, we examine the use of a new binary integer programming (BIP) model to detect arbitrage opportunities in currency exchanges. This model showcases an excellent application of mathematics to the real world. The concepts involved are easily accessible to undergraduate students with basic knowledge in Operations Research. Through this…

Financial crises seem to have become the norm rather than the exception since 1992. The author examines the impact of a crisis of confidence and resultant capital outflows from a small and open economy and the possible policy options in response to such outflows, using simple tools and definitions that will be familiar to any money and banking or…

Explains that Fritz Machlup's four principles of measurement have been widely used to explain all aspects of the postindustrial, information society, but they do not serve to analyze changes in complexity of work, routinization, educational requirements, and increasing worker utilization of information. (SD)

Ending the use of cash in the United States can provide substantial social and economic gain while requiring only modest levels of investment. One primary benefit is the reduction of cash-related crimes. Because most street crime is committed to obtain cash or uses cash as a transaction medium, elimination of cash will dramatically reduce crime.…

College business officers can save money, adhere better to budgets, and improve relations with international vendors through foreign monetary exchange. By comparing exchange rates and buying foreign currency when rates are good, institutions retain much more control over the transaction rate than if they delegate the task to the bank. (MSE)

This report evaluates the evidence on how migration may promote or hinder development in countries of origin, and explores possible win-win solutions for both sending and receiving countries. The analysis of recent OECD data of foreign-born nationals into Europe documents the presence of multiple migration patterns and reveals that the EU lags…

The Office of Education has allowed schools participating in the National Direct Student Loan Program to hold more than an annual average of $63 million in federal funds in excess of their 30-day needs. The General Accounting Office estimates that if the Treasury had this money it could save the government interest costs of as much as $4 million,…