{"product_id":"money-in-the-twenty-first-century-9780520395268","title":"Money in the Twenty-First Century","description":"\u003cb\u003eAn economist examines three modern forces that have redefined what \"money\" means, who controls it, and what the future of finance might look like.\u003c\/b\u003e\u003cbr\u003e  \u003cbr\u003e Money is increasingly cheap, digital, and mobile. In \u003ci\u003eMoney in the Twenty-First Century\u003c\/i\u003e, economist Richard Holden examines the virtues and risks of low interest rates, mobile money, and cryptocurrencies, and explains how these three elemental forces will continue to play out—in our wallets, on the blockchain, and throughout major economies—in the decades to come.\u003cbr\u003e  \u003cbr\u003e Holden weaves in the stories of three people who have exerted massive influence over the future of modern money: US treasury secretary Janet Yellen, Ethereum cofounder Vitalik Buterin, and Raghuram Rajan, former governor of the Reserve Bank of India and chief economist at the International Monetary Fund. Moving from micro to macro, Holden investigates the infrastructure that permits digital transactions, the currencies that underpin them, the race for control of those currencies, shifts in policy and the international monetary system, and the impact on our politics of money in the digital age. Ultimately, \u003ci\u003eMoney in the Twenty-First Century\u003c\/i\u003e asks if governments can keep these three tectonic powers of low interest rates, mobile money, and decentralized finance under control.","brand":"Richard Holden","offers":[{"title":"Default Title","offer_id":42960205643894,"sku":"9780520395268","price":27.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0671\/1374\/6550\/files\/CoreSourceHub_38f34f99-f981-4fd0-aa5b-cc2490fc85c2.jpg?v=1767797139","url":"https:\/\/ingramacademic.com\/products\/money-in-the-twenty-first-century-9780520395268","provider":"Ingram Academic \u0026 Professional","version":"1.0","type":"link"}