Menu Close

Articles on Banking

Displaying 1 - 20 of 371 articles

A halfpenny token issued by the Parys Mining Company of Anglesey in 1788. The hooded druid design was used for many years and was the first of hundreds of token designs. BrandonBigheart/Wikimedia

Welsh mining towns had alternative currencies 200 years ago – here’s what the crypto world could learn from them

A Welsh mining company was the first to issue tokens to workers as an alternative form of payment.
Another U.S. bank bit the dust. AaronP/Bauer-Griffin/GC Images via Getty Images

Recent banking crises are rooted in a system that rewards excessive risk-taking – as First Republic’s failure shows

The cause of banking crises since the debacle in the 1980s remains unchanged. Incentives encourage executives to take excessive risks, with few consequences if bets turn bad. It’s happening again.
Cashless payments have advantages, but only to those who have the means to make them. Karolina Grabowska/Pexels

The problem with cashless payments

The slow disappearance of cash has advantages, but it can also exclude the most vulnerable from socio-economic activity. It’s also a privatisation that deteriorates the symbolic dimensions of money.

Top contributors

More