I remember sitting in a finance lecture on superannuation, presumably paying little attention, until the lecturer suddenly decided to embark upon a tangential rant. Being an avid listener of talkback radio on the long drives to and from Monash University, Clayton, I had acquired a taste for the rhetorical art-form commonly known as ‘the rant’. I listened keenly.
The cashless economy: convenience, or an instrument of control?
Being able to pay for everyday items quickly and easily without having to enter a PIN is one of modern life’s great conveniences, and a welcome alternative to carrying around cash. However, does the likely rise of the cashless economy have its downsides?