By shutting down their systems on weekends, European credit card processors are helping criminals get the best price for the stolen card data they sell....
Even as Americans have become increasingly unwilling to carry credit card debt, both the number of cards issued and volumes processed in the US have been rising....
Cutting interchange rates in Europe is a very bad policy, but making the wrong argument, as The Economist does, just weakens our side's credibility....
Creating a popular blog is not an easy task, but if you know your subject well enough and are sufficiently motivated to succeed, there is a method for doing it....
Eurocrats are slashing both debit and credit card interchange fees, which means that Europeans will suffer even more than we did in the wake of the Durbin Amendment....