The continued ownership of shares in central banks by private investors may be a superfluous relic but it enhances governance and adds to the transparency and accountability of central banks.
The misguided belief that banks create money out of nothing has generated public anger with organisations and individuals calling for an overhaul of the system and an end to money creation by banks.
Welcome to CSIRO Inventions, a series looking at the discoveries and innovations borne from Australia’s national science agency. In this first instalment, we outline the story behind the plastic money…
I sent a friend request so I’m pretty sure this is OK.
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Facebook has been on a shopping spree in 2014. It’s looking to buy a drone company so it can bring the internet and Facebook to the remaining 6 billion people on Earth who aren’t already using it, and…
How important, if at all, is having more money for our happiness and well-being? Unsurprisingly this question stimulates a lot of opinion and debate. But are people accurate in their predictions about…
3D printed hat - just the thing for Melbourne Cup.
Flickr/ Hindrik S
The future of 3D printing is firming up as it moves from do-it-yourself tinkerers to key players selling complete consumer solutions. This shift brings important ecological and socio-economic implications…
Wanting things can make you happier than purchasing them straight away.
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The fact that that money can’t buy you happiness is generally well accepted. Happiness, it appears, is more about meaning and satisfaction than the acquisition of more stuff. But money isn’t all bad. It…
Forgot your purse? Don’t worry - read on for digital payment options.
Money has come a long way from gold coins stamped with the Emperor’s likeness. Today, the vast majority of money is digitised - in the US, notes and coins comprise only 7% of cash in circulation. So with…
Decent people take comfort in the idea that money is not profoundly connected with happiness. There are statistics that suggest that as income increases happiness does not rise to an equal degree; and…