Tag Archive: says law professor


on March 1, 2016 in World News

Kill cash? Only if you want to kill freedom, says law professor

Glenn Reynolds, a law professor and regular contributor to Instapundit, says calls to begin weakening the power of cash by doing away with large bills means killing the currency of freedom. We told you about the recent interest in eliminating large forms of currency here a couple weeks ago. Here’s a little refresher: Larry Summers, an ex-treasury secretary who served as an economic advisor to the Obama administration, argues in a recent Washington Post blog that large bills such as the U.S.’s $100 and the European Union’s 500-euro bills aid in corruption and criminal activity throughout the world. His...

Glenn Reynolds, a law professor and regular contributor to Instapundit, says calls to begin weakening the power of cash by doing away with large bills means killing the currency of freedom. We told you about the recent interest in...

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