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The Great Abdication – NYTimes.com

Among economists who know their history, the mere mention of certain years evokes shivers. For example, three years ago Christina Romer, then the head of President Obama’s Council of Economic Advisers, warned politicians not to re-enact 1937 — the year F.D.R. shifted, far too soon, from fiscal stimulus to austerity, …

Canada unveils new polymer $20 bill – UPI.com

OTTAWA, May 2 (UPI) — The Bank of Canada Wednesday unveiled the design of a new high-tech polymer $20 bill, the most counterfeited bill in circulation. The display of the new bill in Ottawa follows the release of similar $100 bills that went into circulation in November and $50 bills …