Dan Awrey on the Future of the U.S. Payments System in a Digital World

Dan Awrey is a professor of Law at Cornell University and the author of the new book Beyond Banks: Technology, Regulation, and the Future of Money. Dan returns to the show to discuss his new book, the shadow monetary system, the case for markets to correct this problem, Gresham's new law, his proposals for fixing the payments system, and much more. Check out the transcript for this week's episode, now with links. Recorded on January 13th, 2025

You can listen to Dan Awrey on the Future of the U.S. Payments System in a Digital World online on Radio and Podcast. Open the player on this page to stream the available audio.

Dan Awrey on the Future of the U.S. Payments System in a Digital World is an episode from Macro Musings with David Beckworth by David Beckworth.

This episode is 56:32 long.

This episode was published on Feb 9, 2026.

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