The Future of Money

Eswar Prasad

Subtitled How the Digital Revolution Is Transforming Currencies and Finance, this nonfiction work by the Dyson School economist describes the forces—including the rise of cryptocurrencies like Bitcoin—that he predicts will lead to major economic change, particularly the eventual demise of physical cash. As he notes in this volume from Harvard University Press, though such trends could have their downsides (such as an inability for regulators to keep up), the novel technologies and systems can be powerful forces for good—potentially creating a new age of commerce that more smoothly facilitates international business and global transactions. Says Publishers Weekly: “Marked by a refreshing absence of economic jargon and Prasad’s advocacy for a more equitable world, this is a sober-minded and informative take on an overheated topic.”

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