Julian Morris & Ben Sperry on the Cost of Cash
Conversable Economist
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ICLE Senior Scholars Julian Morris and Ben Sperry were cited in a blog post at Conversable Economist about their recent paper on the costs and benefits of various payment methods. You can read the full piece here.
There was a time, not all that long ago, when the primary options for making everyday payments were cash and checks. Those times are past. Julian Morris and Ben Sperry discuss the tradeoffs and consequences in “The Cost of Payments: A Review,” (International Center for Law & Economics Working Paper, August 28, 2024). They begin with this anecdote…