Magazine April 25, 2016, Issue

Letters

Why Banks Hate Bucks

In his piece “The Abolition of Cash” (April 11), Andrew Stuttaford left out the “drag” on the economy imposed by the “cut” that the banks and processing houses take on each transaction we make with a credit card. This cut has to be passed on by the merchant to recover the discount cost, which raises prices across the board for all goods and services. With cash there is no cut for the banks to take; in fact, cash actually causes them to incur increased costs because they have to physically handle it while getting no fee for

Members of the National Review editorial and operational teams are included under the umbrella “NR Staff.”

In This Issue

Articles

Features

Books, Arts & Manners

Sections

Politics & Policy

Poetry

WHO IS THE STRANGER WHO OVERTAKES ME Who is the stranger who overtakes me On a dark street and taps me on the shoulder? I turn and there is nobody there but me, And ...
Politics & Policy

Letters

Why Banks Hate Bucks In his piece “The Abolition of Cash” (April 11), Andrew Stuttaford left out the “drag” on the economy imposed by the “cut” that the banks and processing ...
Politics & Policy

The Week

‐ Lindsey Graham has proven he’s willing to do just about anything to stop serving in the Senate alongside Ted Cruz. ‐ Could Paul Ryan emerge from the Republican convention with ...
The Long View

Choose Your Adventure!

The Republican Party Edition™ BEGIN HERE Republican-party front-runner Donald J. Trump pads into the “thinking room” in his elegant, palatial Palm Beach estate, Mar-a-Lago. As he sits on his gilded and intricately ...

Most Popular

Elections

Our Conspiracy-Minded Subculture

On the menu today: Attorney General William Barr declares that he and the Department of Justice have found no evidence of widespread vote fraud that could change the outcome of the 2020 election; some Trump fans conclude the attorney general has been a deep-state sleeper all along; and why this country is likely ... Read More
Elections

Our Conspiracy-Minded Subculture

On the menu today: Attorney General William Barr declares that he and the Department of Justice have found no evidence of widespread vote fraud that could change the outcome of the 2020 election; some Trump fans conclude the attorney general has been a deep-state sleeper all along; and why this country is likely ... Read More
World

China’s Pandemic Deception

You’ve made it to December in our annus horribilis. On the menu today: sorting through CNN’s fascinating but not completely illuminating bombshell involving leaked documents from the Hubei, China Center for Disease Control and Prevention, filling in some details about the early days of the pandemic. More ... Read More
World

China’s Pandemic Deception

You’ve made it to December in our annus horribilis. On the menu today: sorting through CNN’s fascinating but not completely illuminating bombshell involving leaked documents from the Hubei, China Center for Disease Control and Prevention, filling in some details about the early days of the pandemic. More ... Read More
Economy & Business

The Corporate-Woke Complex

On Sunday, the New York Times reported that several multinational corporations including Apple and Nike are lobbying against legislation that would ban products from China’s Xinjiang province, many of which are made by forced Uyghur labor. Lobbyists are arguing that, although their clients oppose forced labor ... Read More
Economy & Business

The Corporate-Woke Complex

On Sunday, the New York Times reported that several multinational corporations including Apple and Nike are lobbying against legislation that would ban products from China’s Xinjiang province, many of which are made by forced Uyghur labor. Lobbyists are arguing that, although their clients oppose forced labor ... Read More