Apple’s Advantage as a Corporate-Backed Bank Alternative
Last month, Apple launched Apple Pay Later, essentially a Buy Now, Pay Later (BNPL) service that allows users to establish a payment plan with zero interest or fees attached. Currently, the BNPL sector is booming, having achieved record growth in just a few short years thanks to fintech investments and a surge in consumer interest. […]
Alternative Approaches to Monetary Policy
I have a new book out entitled Alternative Approaches to Monetary Policy, freely available at this link. I plan to revise the book based on feedback I receive, and will eventually come out with a paper version. You can think of the book as fleshing out the implications of this 2003 comment by Ben Bernanke: […]