Underbelly

Geoffrey Ingham, The Nature of Money ,  I think  this is a remarkable book.  I'm a little out of my depth here (and actually, I haven...

Here comes the Choco Pie: The Choco Pie is a mouth-drying, individually wrapped slab of cake, marshmallow and chocolate, and in South K...

Ritholtz posted a clever but instructive skewering of gold mania . He got some of the predictable blowback.  In response to the blowback, R...

Let's grant that we might like "“a universal payments system with no friction or interchange costs” ( link ).  And let's ignor...

If you still haven't gotten the memo on Bitcoin, Felix Salmon (of course) offers a great starter.   I picked it up in a link from Tyler...

Mrs. Buce does not pay a lot of attention to financial news but like the rest of the world, she cannot evade the Cyprus kerfuffle. She...

Here's an intriguing thread at the excellent Bruce Bartlett on  the subject of fee-yat (or is it fye-yat) money.  Bruce, who is not al...

Krugman thinks we should pay our bills with moral obligation chits .   On the premise that money is any one thing people think is money,...

And here I thought this was going to be about the bond market:

Looking for something to sooth me to sleep the other night, I cracked Barry Eichengreen's Exorbitant Privilege , about the dominance of ...

Great stuff up at Interfluidity on a topic well outside my comfort zone--the problem of default on the edge of the Euro Zone .  Ideal final...

Underbelly 's Minnesota bureau reports that some people take their money seriously: In this year, before Christmas, king Henry sent fr...

I suspect it is easy to overpraise James Buchan's Frozen Desire: Meaning of Money . They say people take you at your own valuation and ...

Took five hours out for the opera, so now catching up with other.  I leave you with: Point d'argent, point de Suisse That is: "n...

Cooling my heels at the gas pump at Costco this morning, I listened to a couple of guys puzzling over the one thing that puzzles us more the...

I got a wake-up jolt this morning when I went on line to check my accounts at Fidelity. I had sent them a check for $12,000 back at the fi...

We gave grandkids assorted pocket change from our foreign travels. One of them wrote in a thank-you note: I will leave it on a bookshelf u...

I've had more than enough remonstrances about my late discussion of money and politics--and awright awready, I know that money has been...