Articles on Money

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Central authorities are still important to create legitimacy in a cryptocurrency. Shutterstock

The blockchain does not eliminate the need for trust

You may have imagined the blockchain would lead to a world without governments or institutions veryifying transactions, research shows that it probably won't.
Stable food prices are a central issue for South Africa’s Reserve Bank. But should it be doing more to protect the poor? Reuters/Siphiwe Sibeko

South Africa needs a sensible debate about its Reserve Bank. Here’s a start

There's a raging debate in South Africa about the role of its central bank. This is inevitable given that so much is changing in the world of central banking and in economic life.

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