has the Death of
Money Been Greatly
exaggerated?
Joel Kurtzman
Interview
RU SIRIUS
I
n 1994, Joel Kurtzman — at that time a
columnist and the business editor for the
new York Times — wrote an alarming book
titled The Death of Money: how the electronic
economy has Destabilized the World's Market and
Created Financial Chaos. Kurtzman reported that
the digitization, or virtualization, of capital was
causing a disconnect from reality that threatened
financial anarchy…with possible positive and/or
negative results.
given the current market crisis, I thought
I'd catch up with Kurtzman. Does he believe that
recent events reflect the changes he warned us
about back in the mid-'90s? Is money drawing its
last breath while you withdraw the last of your
savings? or is something else afoot?
Joel Kurtzman is currently executive
Director of the Milken Institute's SAVe program,
focusing on energy security, climate change and
alternative energy.
42
Feb 2009
