Proponents of helicopter money have been getting a lot of press lately, but I don’t really get what all the excitement is about. I live in Canada, and no nation…

On a recent trip to Ottawa, I stopped by the Bank of Canada. The door was locked and the building empty. Odd, I thought, why would the Bank be closed…

2010 Bank of England note signed by Andrew Bailey, former Chief Cashier of the Bank. A few years ago, Peter Stella and Åke Lönnberg conducted a study that classified national…

The building that housed the original Swedish Riksbank, the earliest European issuer of banknotes In my previous post on bitcoin, I noted offhandedly that I don’t consider modern central bank-issued…

Roaming around the econ blogosphere, I often come across what seems to be a sharp divide between those who think monetary policy is all about the manipulation of interest rates…