This book is the first of its kind in several overlapping and rapidly developing fields that now dominate news headlines – among them the fields of crypto-currency, digital payments platforms, ‘fintech,’ and central bank digital currencies (‘CBDCs’). With crypto and fintech now threatening to transform finance in destabilizing and anti-democratic ways, and with China and other nations now digitizing their national currencies in the form of CBDCs that make the US dollar and national payments infrastructure look ever more quaint and outmoded, this book shows both why the US and other democratic commercial societies must, and how they can, democratically digitize their currencies, their national payments systems, and the authorities that respectively issue and administer them – in the US, the Federal Reserve System (‘the Fed’).

A vivid and moving story about family, courage, and the power of education Ruth remembers the day the sheriff pulled up in front of her family's home with a white neighbor who claimed Ruth's father owed her recently deceased husband money. It was the early 1940s in Jim Crow South Carolina, and even at the age of eleven, Ruth knew a Black person's word wasn't trusted. But her father remained calm as he waited on her mother's return from the house. Ruth's mother had retrieved a gray book, which she opened and handed to the sheriff. Satisfied by what he saw, the sheriff and the woman left. Ruth didn't know what was in that book, but she knew it was important. In Beatrice's Ledger, Ruth R. Martin brings to life the stories behind her mother's entries in that well-worn ledger, from financial transactions to important details about her family's daily struggle to survive in Smoaks, South Carolina, a small town sixty miles outside of Charleston. Once the land of plantations, slavery, and cotton, by the time Ruth was born in 1930 many of the plantations were gone but the cotton remained. Ruth's family made a living working the land, and her father owned a local grist and sawmill used by Black and white residents in the area. The family worked hard, but life was often difficult, and Ruth offers rich descriptions of the sometimes-perilous existence of a Black family living in rural South Carolina at mid-century. But there was joy as well as hardship, and readers will be drawn into the story of life in Smoaks. Enriched with public records research and interviews with friends and family still living in Smoaks, Martin weaves history, humor, and family lore into a compelling narrative about coming of age as a Black woman in the Jim Crow South. Martin recounts her journey from Smoaks to Tuskegee Institute and beyond. It is a story about the power of family; about the importance of the people we meet along the way; and about the place we call home.

The Model Rules of Professional Conduct provides an up-to-date resource for information on legal ethics. Federal, state and local courts in all jurisdictions look to the Rules for guidance in solving lawyer malpractice cases, disciplinary actions, disqualification issues, sanctions questions and much more. In this volume, black-letter Rules of Professional Conduct are followed by numbered Comments that explain each Rule's purpose and provide suggestions for its practical application. The Rules will help you identify proper conduct in a variety of given situations, review those instances where discretionary action is possible, and define the nature of the relationship between you and your clients, colleagues and the courts.