"The Money Illusion is George Mason University economist Scott Sumner's end-to-end case for an evolved, less discretionary approach to monetary policy, which he and his cohort have termed "market monetarism." The nominal use of "market" here is telling: Sumner argues that public confidence in central banking institutions like the Fed is central, and as critical as forecasting, to ensuring the health and stability of the economy. To achieve it, he...

Argues in favor of phasing out paper money to fight crime and tax evasion, and to battle financial crises by tapping the power of negative interest rates.

A documentary work which presents a case for a needed transition out of the current socioeconomic monetary paradigm which governs the entire world society.

"Identifies the origin of the crisis in the complex interaction between globalization, hugely destabilizing global imbalances and our dangerously fragile financial system. In the eurozone, these sources of instability were multiplied by the tragically defective architecture of the monetary union. It also shows how much of the orthodoxy that shaped monetary and financial policy before the crisis occurred was complacent and wrong. In doing so, it mercilessly...

A near-future family saga spanning eighteen tumultuous years that redefine the nature of the United States explores the aftershocks of an economically devastating debt default and its impact on a once-prosperous American family.