Update: A reader alerts me to this news story from the U.K.: "Sales of household safes have surged as wealthy savers concerned about the health of banks opt to keep cash at home. "
Random Observations for Students of Economics
I am the Robert M. Beren Professor of Economics at Harvard University, where I teach introductory economics (ec 10). I use this blog to keep in touch with my current and former students. Teachers and students at other schools, as well as others interested in economic issues, are welcome to use this resource.