#  Professor Kim Schoenholtz's blog post on the anonymity of cash is highlighted

1 Faculty News May 26, 2016 ![Financial Times logo](/sites/default/files/styles/246w/public/assets/images/uat_025700.jpg?itok=LSPbU2V1)>

Excerpt from the [Financial Times](http://ftalphaville.ft.com/2016/05/26/2163745/why-the-death-of-cash-may-have-been-exaggerated/) -- "The anonymity of cash helps to free people from their governments and some criminality is a price worth paying for liberty, as professors Stephen Cecchetti and [Kermit Schoenholtz](http://www.stern.nyu.edu/faculty/bio/kim-schoenholtz) observe. It is better if the government creates trusted, anonymous notes and coins rather than some private agent."

[Read more](http://ftalphaville.ft.com/2016/05/26/2163745/why-the-death-of-cash-may-have-been-exaggerated/)