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Ideas for an Alternative Monetary Future

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Ideas for an Alternative Monetary Future

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Scott Burns
About Scott Burns
Scott Burns is a Mercatus Dissertation Fellow studying monetary and development economics at George Mason University. He can be reached at [email protected]
economic development, Kenya, M-PESA, mobile money, Poverty Alleviation
Banking Regulation, Digital Money, Financial Innovation

Cashing Out of Poverty

Scott Burns/December 22, 2016December 22, 2016 /Leave a comment

Financial innovations like mobile money have gained fame for transforming commerce in the developing world. But they're also helping the poor escape poverty. In an earlier post, I showed how over the past few years M-PESA and other kinds of "mobile money" have made sending money across…

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development finance, M-PESA, mobile money, permissionless innovation, Safaricom
Digital Money, Financial Innovation, Free Banking

Finance for All: Kenya's M-PESA

Scott Burns/June 28, 2016June 27, 2016 /3 Comments

A surprising aspect of modern life in Africa is that, thanks to the telecom deregulations of the early 2000s, cell phones are as pervasive in its Sub-Saharan savannahs as they are in the urban jungles of the United States.  More intriguingly still, African mobile network operators (MNOs)…

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Welcome to Alt-M, a community devoted to exploring and promoting ideas for an alternative monetary future. Our goal is to reveal the shortcomings of today's centralized, bureaucratic, and discretionary monetary arrangements, and to bring serious consideration of real alternatives to the center stage of current monetary and financial reform debates.

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