Because Money Makes The World Go ’Round

Bill Maurer, PhD, Dean, UCI School of Social Sciences writes, “Now that the world is in a global pandemic caused by the rapid spread of the COVID-19 virus, what people do with money and its technologies has acquired a new kind of significance. … how we pay takes on additional social significance, as well, from epidemiological concerns over cash handling, to recommendations that people keep a store of cash in a safe place in their homes to prepare for natural disasters that will knock out the electrical and telecommunications grids that non-cash payment relies upon.”