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SUERF/Liberales Institut/University of Zurich

Cash on Trial

4-5 November 2015
Zurich, Switzerland

Over millennia, mankind has used hard cash in various forms ranging from shells to gold coins and paper. More recently, cash has become unpopular in political circles, as it effectively restricts states’ power to tax (explicitly or via negative interest rates) or to survey and potentially control their citizens. Several states have enacted restrictions to the use of hard cash. Above all, a strong new competitor to cash has arisen in the form of various electronic means of payment. Are we heading towards a society in which “coined freedom” (Dostojewski) will cease to exist?

Wednesday, 4 November 2015
18:00 Registration
18:30 Welcome

Pierre Bessard, Liberales Institut

Urs Birchler, SUERF President and University of Zurich

 
18:45 Panel: Bargeld und Freiheit

Chair: Michael Rasch, NZZ

Friedrich Schneider, Professor of Economics, University of Linz
Friedrich Schneider_Zurich 2015Friedrich Schneider_Zurich 2015

Peter Bernholz, Professor Emeritus, University of Basel
Peter Bernholz_Zurich 2015 Peter Bernholz_Zurich 2015

 
20:00 Apéro Riche
Thursday, 5 November 2015
08:30 Registration
08:45 Opening and welcome

Urs Birchler, SUERF President and University of Zurich

Pierre Bessard, Liberales Institut

 
09:00 Session I

David Llewellyn, Professor, Loghborough University


Overview of Issues: Cash and Anonymity: Pro’s and Con’s
Malte Krüger, Professor, Hochschule Aschaffenburg, University of Applied Sciences
Malte Krueger_Zurich 2015Malte Krueger_Zurich 2015


The Demand for Cash Across Countries and Over Time
Helmut Stix, Oesterreichische Nationalbank

 
10:00 Session II

Why Cash is Suboptimal
Harry Leinonen, Senior Financial Counsellor, Ministry of Finance, Finland
Harry Leinonen_Zurich 2015Harry Leinonen_Zurich 2015

 
11:00 Coffee
11:15 Session III

The Fallacy of a Cashless Society
Aleksander Berentsen, Professor of Economic Theory, University of Basel
Aleksander Berentsen_Zurich 2015Aleksander Berentsen_Zurich 2015


Cash versus Card
Nicole Jonker, De Nederlandsche Bank
Nicole Jonker_Zurich 2015Nicole Jonker_Zurich 2015


Getting rid of Cash? Some Monetary Policy Considerations
Jens Ulbrich, Head of Economics Department, Deutsche Bundesbank
Jens Ulbrich_Zurich 2015Jens Ulbrich_Zurich 2015

 
12:30 Lunch
13:15 Session IV

Digital Currencies
Paolo Tasca, Deutsche Bundesbank and ECUREX
Paolo Tasca_Zurich 2015Paolo Tasca_Zurich 2015


Cash and Crime
Friedrich Schneider, Professor of Economics, University of Linz
Friedrich Schneider_Zurich 2015Friedrich Schneider_Zurich 2015


Informal Payments, Crime Control and Fragile Communities
Nikos Passas, Professor of Criminology and Criminal Justice, Northeastern University
Nikos Passas_Zurich 2015Nikos Passas_Zurich 2015

 
15:00 Coffee
15:30 Session V

A Wider View
Jean-Charles Rochet, Professor of Banking, University of Zurich
Jean-Charles Rochet_Zurich 2015Jean-Charles Rochet_Zurich 2015


A few Thoughts on Cash and Money
Peter Sloterdijk, Philosopher and Writer


Closing
David Llewellyn, Professor, Loghborough University

 
17:00 Closing


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