Colonialism persists in many African countries due to the continuation of imperial monetary policy. This is the little-known account of the CFA Franc and economic imperialism. The CFA Franc was created in 1945, binding fourteen African states and split into two monetary zones. Why did French colonial authorities create it and how does it work? Why was independence not extended to monetary sovereignty for former French colonies? Through an exploration of the genesis of the currency and an examination of how the economic system works, the authors seek to answer these questions and more. As protests against the colonial currency grow, the need for myth-busting on the CFA Franc is vital and this exposé of colonial infrastructure proves that decolonization is unfinished business.

Colonialism persists in many African countries due to the continuation of imperial monetary policy. This is the little-known account of the CFA Franc and economic imperialism. The CFA Franc was created in 1945, binding fourteen African states and split into two monetary zones. Why did French colonial authorities create it and how does it work? Why was independence not extended to monetary sovereignty for former French colonies? Through an exploration of the genesis of the currency and an examination of how the economic system works, the authors seek to answer these questions and more. As protests against the colonial currency grow, the need for myth-busting on the CFA Franc is vital and this exposé of colonial infrastructure proves that decolonization is unfinished business.

In our age of art as investment and of skyrocketing prices at the gallery and the auction house, the study of art and money has become urgent—at least for investors and cultural critics. At the same time, crises in finance have disrupted economic and credit institutions and in turn assumptions about the value of art. Art & Money is a frank, provocative, and entirely unconventional look at two worlds in tandem, focusing on what binds together and drives apart the realms of art and money. Profusely illustrated, it investigates how money becomes (or is) artwork and how artwork comes to assume some of the characteristics of money.

Unlike traditional approaches to the topic, Art & Money is not a study of money and exchange as an artistic "theme." It is also not a study of economics as a context for the history of art. Rather, it is a path-breaking exploration of the internal logic—the set of meanings and values—common to both money and art.

Art & Money provides striking insight into current matters of art collection, counterfeiting, and problems of attribution, into the general relation between word and image, and into controversies over taxation and crises or scandals in the financial world. Shell's historical range is immense, and he fills this study with amusing anecdotes and insights ranging from the relic of the Holy Foreskin to the state's arrest of J. S. G. Boggs, a conceptual artist who draws money. Illustrated with over one hundred halftones and eight color plates, this stunning volume will force a rethinking of our old presumptions about where money ends and art begins.

'A fascinating portal into arguments about why we need to get beyond money' - Harry Cleaver

What would a world without money look like? This book is a lively thought experiment that deepens our understanding of how money is the driver of political power, environmental destruction and social inequality today, arguing that it has to be abolished rather than repurposed to achieve a postcapitalist future.

Grounded in historical debates about money, Anitra Nelson draws on a spectrum of political and economic thought and activism, including feminism, ecoanarchism, degrowth, permaculture, autonomism, Marxism and ecosocialism. Looking to Indigenous rights activism and the defense of commons, an international network of activists engaged in a fight for a money-free society emerges.

Beyond Money shows that, by organizing around post-money versions of the future, activists have a hope of creating a world that embodies their radical values and visions.

'A fascinating portal into arguments about why we need to get beyond money' - Harry Cleaver

What would a world without money look like? This book is a lively thought experiment that deepens our understanding of how money is the driver of political power, environmental destruction and social inequality today, arguing that it has to be abolished rather than repurposed to achieve a postcapitalist future.

Grounded in historical debates about money, Anitra Nelson draws on a spectrum of political and economic thought and activism, including feminism, ecoanarchism, degrowth, permaculture, autonomism, Marxism and ecosocialism. Looking to Indigenous rights activism and the defense of commons, an international network of activists engaged in a fight for a money-free society emerges.

Beyond Money shows that, by organizing around post-money versions of the future, activists have a hope of creating a world that embodies their radical values and visions.

At Chartres Cathedral, for the first time in medieval art, the lowest register of stained-glass windows depicts working artisans and merchants instead of noble and clerical donors. Jane Welch Williams challenges the prevailing view that pious town tradesmen donated these windows. In Bread, Wine, and Money, she uncovers a deep antagonism between the trades and the cathedral clergy in Chartres; the windows, she argues, portray not town tradesmen but trusted individuals that the fearful clergy had taken into the cloister as their own serfs.

Williams weaves a tight net of historical circumstances, iconographic traditions, exegetical implications, political motivations, and liturgical functions to explain the imagery in the windows of the trades. Her account of changing social relationships in thirteenth-century Chartres focuses on the bakers, tavern keepers, and money changers whose bread, wine, and money were used as means of exchange, tithing, and offering throughout medieval society. Drawing on a wide variety of original documents and scholarly work, this book makes important new contributions to our knowledge of one of the great monuments of Western culture.

In the years following its publication, F. A. Hayek’s pioneering work on business cycles was regarded as an important challenge to what was later known as Keynesian macroeconomics. Today, as debates rage on over the monetary origins of the current economic and financial crisis, economists are once again paying heed to Hayek’s thoughts on the repercussions of excessive central bank interventions.

 

The latest editions in the University of Chicago Press’s ongoing series The Collected Works of F. A. Hayek, these volumes bring together Hayek’s work on what causes periods of boom and bust in the economy. Moving away from the classical emphasis on equilibrium, Hayek demonstrates that business cycles are generated by the adaptation of the structure of production to changes in relative demand. Thus, when central banks artificially lower interest rates, the result is a misallocation of capital and the creation of asset bubbles and additional instability. Business Cycles, Part I contains Hayek’s two major monographs on the topic: Monetary Theory and the Trade Cycle and Prices and Production. Reproducing the text of the original 1933 translation of the former, this edition also draws on the original German, as well as more recent translations. For Prices and Production, a variorum edition is presented, incorporating the 1931 first edition and its 1935 revision. Business Cycles, Part II assembles a series of Hayek’s shorter papers on the topic, ranging from the 1920s to 1981.

 

In addition to bringing together Hayek’s work on the evolution of business cycles, the two volumes of Business Cycles also include extensive introductions by Hansjoerg Klausinger, placing the writings in intellectual context—including their reception and the theoretical debates to which they contributed—and providing background on the evolution of Hayek’s thought.

In the years following its publication, F. A. Hayek’s pioneering work on business cycles was regarded as an important challenge to what was later known as Keynesian macroeconomics. Today, as debates rage on over the monetary origins of the current economic and financial crisis, economists are once again paying heed to Hayek’s thoughts on the repercussions of excessive central bank interventions.

 

The latest editions in the University of Chicago Press’s ongoing series The Collected Works of F. A. Hayek, these volumes bring together Hayek’s work on what causes periods of boom and bust in the economy. Moving away from the classical emphasis on equilibrium, Hayek demonstrates that business cycles are generated by the adaptation of the structure of production to changes in relative demand. Thus, when central banks artificially lower interest rates, the result is a misallocation of capital and the creation of asset bubbles and additional instability. Business Cycles, Part I contains Hayek’s two major monographs on the topic: Monetary Theory and the Trade Cycle and Prices and Production. Reproducing the text of the original 1933 translation of the former, this edition also draws on the original German, as well as more recent translations. For Prices and Production, a variorum edition is presented, incorporating the 1931 first edition and its 1935 revision. Business Cycles, Part II assembles a series of Hayek’s shorter papers on the topic, ranging from the 1920s to 1981.

 

In addition to bringing together Hayek’s work on the evolution of business cycles, the two volumes of Business Cycles also include extensive introductions by Hansjoerg Klausinger, placing the writings in intellectual context—including their reception and the theoretical debates to which they contributed—and providing background on the evolution of Hayek’s thought.

The 2008 election was an extraordinary event that represented change at many levels. The candidates’ innovative campaigns changed how funds were raised, how voters were mobilized, and how messages were communicated through advertising and the internet. Parties and interest groups played their own important role in this historic election. In The Change Election, David Magleby assembles a team of accomplished political scientists to provide an in-depth analysis of this groundbreaking presidential election. These scholars through a set of compelling case studies examine the competition for votes in a dozen competitive House and Senate contests and for the White House in five states: Ohio, North Carolina, New Hampshire, Colorado, and New Mexico.

Backed by a wealth of data, and extensive interviews, the contributors offer an up-close look at the interactions of candidates' individual skills and personalities with the larger political forces at work in the election year. The book offers insights into the rapidly evolving organizational and technical aspects of campaigning. The dramatic success Obama and other candidates had in raising money—especially from small donors—is addressed along with how money was raised and spent by the candidates, party committees, and interest groups competing for votes.

Building on a tested methodology, The Change Election explores the interplay of money and electioneering. Magleby builds on more than a decade of prior studies to show the ways participants in our electoral process have adapted to statutory and judicial decisions and how the 2008 election has the potential to transform American electoral politics.

Taking the Scottish Enlightenment philosopher David Hume as its subject, this book breaks new ground in focusing its lens on a little-studied aspect of Hume’s thinking: his understanding of money.

George Caffentzis makes both an intervention in the field of monetary philosophy and into Marxian conceptions of the relation between philosophy and capitalist development. He vividly charts the ways in which Hume’s philosophy directly informed the project of ‘civilizing’ the people of the Scottish Highlands and pacifying the English proletariat in response to the revolts of both groups at the heart of the empire.

Built on careful historical and philosophical detective work, Civilizing Money offers a stimulating and radical political reading of the ways in which Hume’s fundamental philosophical claims performed concrete political functions.

Awash in a sea of data that seems to have no meaning and bombarded by images and sounds transmitted from around the globe 24/7, people are no longer sure what is real and what is fake. Artists recycle ads in their paintings and businesses use images of artists in their ads; politicians mount campaigns based on hit films; and bankers make billions trading incomprehensible financial products backed by nothing more than abstract figures and signs.

In Confidence Games, Mark C. Taylor considers the implications of these developments for our digital and increasingly virtual economy. According to Taylor, money and markets do not exist in a vacuum but grow in a profoundly cultural medium, reflecting and in turn shaping their world. To understand the recent changes in our economy, it is not enough to analyze the impact of politics and technology—one must consider the influence of art, philosophy, and religion as well.

Bringing John Calvin, G. W. F. Hegel, and Adam Smith to Wall Street by way of Las Vegas, Taylor first explores the historical and psychological origins of money, the importance of religious beliefs and practices for the emergence of markets, and the unexpected role of religion and art in the classical understanding of economics. He then moves to an account of economic developments during the past four decades, exploring the dawn of our new information age, the growing virtuality of money and markets, and the complexity of the networks by which monetary value is now negotiated.

Returning full circle to a version of the market first proposed by Adam Smith when he used theology and aesthetics to rethink economics, Confidence Games closes with a plea for a conception of life that embraces uncertainty and insecurity as signs of the openness of the future. Like religion and economics, life is a confidence game in which the challenge is not to find redemption but to learn to live without it.

"Before the global credit system began its collapse in 2007, Mark Taylor had connected the dots between increasingly complex financial instruments and larger cultural forces. Anyone who wants to understand the disappearing foundation of our financial markets needs to read this book immediately."—Michael Lewitt, editor, The HCM Market Letter

Since the 1980s, scholars have made the case for examining nineteenth-century culture—particularly literary output—through the lens of economics. In Culture and Money in the Nineteenth Century: Abstracting Economics, two luminaries in the field of Victorian studies, Daniel Bivona and Marlene Tromp, have collected contributions from leading thinkers that push New Economic Criticism in new and exciting directions.

Spanning the Americas, India, England, and Scotland, this volume adopts an inclusive, global view of the cultural effects of economics and exchange. Contributors use the concept of abstraction to show how economic thought and concerns around money permeated all aspects of nineteenth-century culture, from the language of wills to arguments around the social purpose of art.

The characteristics of investment and speculation; the fraught symbolic and practical meanings of paper money to the Victorians; the shifting value of goods, services, and ideas; the evolving legal conceptualizations of artistic ownership—all of these, contributors argue, are essential to understanding nineteenth-century culture in Britain and beyond.

Contributors: Daniel Bivona, Suzanne Daly, Jennifer Hayward, Aeron Hunt, Roy Kreitner, Kathryn Pratt Russell, Cordelia Smith, and Marlene Tromp.

Ethno-erotic Economies explores a fascinating case of tourism focused on sex and culture in coastal Kenya, where young men deploy stereotypes of African warriors to help them establish transactional sexual relationships with European women. In bars and on beaches, young men deliberately cultivate their images as sexually potent African men to attract women, sometimes for a night, in other cases for long-term relationships.
 
George Paul Meiu uses his deep familiarity with the communities these men come from to explore the long-term effects of markets of ethnic culture and sexuality on a wide range of aspects of life in rural Kenya, including kinship, ritual, gender, intimate affection, and conceptions of aging. What happens to these communities when young men return with such surprising wealth? And how do they use it to improve their social standing locally? By answering these questions, Ethno-erotic Economies offers a complex look at how intimacy and ethnicity come together to shape the pathways of global and local trade in the postcolonial world.

From colonial history to the present, Americans have passionately, even violently, debated the nature and the character of money. They have painted it and sung songs about it, organized political parties around it, and imprinted it with the name of God—all the while wondering: is money a symbol of the value of human work and creativity, or a symbol of some natural, intrinsic value?

In Face Value, Michael O’Malley provides a deep history and a penetrating analysis of American thinking about money and the ways that this ambivalence unexpectedly intertwines with race. Like race, money is bound up in questions of identity and worth, each a kind of shorthand for the different values of two similar things. O’Malley illuminates how these two socially constructed hierarchies are deeply rooted in American anxieties about authenticity and difference.

In this compelling work of cultural history, O’Malley interprets a stunning array of historical sources to evaluate the comingling of ideas about monetary value and social distinctions. More than just a history, Face Value offers us a new way of thinking about the present culture of coded racism, gold fetishism, and economic uncertainty.

"The sixth century is a very contentious time; Fame, Money, and Power unambiguously advances our understanding of Peisistratos and archaic Athens. No one else has tackled so many of the difficult issues that Lavelle has taken on."
--David Tandy, University of Tennessee

"Well researched and engaging, [Fame, Money, and Power] painstakingly builds [its] case for how the various phases of Peisistratos's career developed."
--Tony Podlecki, University of British Columbia


The Athenian "golden age" occurred in the fifth century B.C.E. and was attributed to their great achievements in art, literature, science, and philosophy. However, the most important achievement of the time was the political movement from tyranny to democracy. Though tyranny is thought to be democracy's opposite and deadly enemy, that is not always the case. In Fame, Money, and Power, Brian Lavelle states that the perceived polarity between tyranny and democracy does not reflect the truth in this instance.

The career of the tyrant Peisistratos resembles the careers and successes of early democratic soldier-politicians. As with any democratic political system, Peisistratos' governance depended upon the willingness of the Athenians who conceded governance to him. This book attempts to show how the rise of Peisistratos fits into an essentially democratic system already entrenched at Athens in the earlier sixth century B.C.E.

Emerging from the apparent backwater of eastern Attika, Peisistratos led the Athenians to victory over their neighbors, the Megarians, in a long, drawn out war. That victory earned him great popularity from the Athenians and propelled him along the road to monarchy. Yet, political success at Athens, even as Solon implies in his poems, depended upon the enrichment of the Athenian d?mos, not just fame and popularity. Peisistratos tried and failed two times to "root" his tyranny, his failures owing to a lack of sufficient money with which to appease the demos. Exiled from Athens, he spent the next ten years amassing money to enrich the Athenians and power to overcome his enemies. He then sustained his rule by grasping the realities of Athenian politics. Peisistratos' tyrannies were partnerships with the d?mos, the first two of which failed. His final formula for success, securing more money than his opponents possessed and then more resources for enriching the d?mos, provided the model for future democratic politicians of Athens who wanted to obtain and keep power in fifth-century Athens.

In his follow-up to Tavern League: Portraits of Wisconsin Bars, Carl Corey turns his camera on Wisconsin family-owned businesses in existence fifty years or longer. The businesses portrayed here—bakeries and barbecue joints, funeral homes and furniture builders, cheesemakers, fishermen, ferry boat drivers—have survived against all the odds, weathering tough economic times and big-business competition. The owners are loyal to their employees, their families, and themselves. And they are integral to their local economies and social fabric. The services and goods they provide are usually for neighbors and friends. Generations serve generations, creating lasting relationships and strong, vibrant neighborhoods and rural communities. In For Love and Money, Carl Corey provides indelible glimpses of an increasingly endangered way of life. The Museum of Wisconsin Art’s Graham Reid has said, “As current and future generations come and go, these pictures will survive in the hands of the subjects, collectors, museums, and galleries. Will the businesses featured enjoy a similar longevity? Only time will tell, and we can only watch and hope, but Carl Corey has ensured that they will not be forgotten.”

As women moved into the formal labor force in large numbers over the last forty years, care work – traditionally provided primarily by women – has increasingly shifted from the family arena to the market. Child care, elder care, care for the disabled, and home care now account for a growing segment of low-wage work in the United States, and demand for such work will only increase as the baby boom generation ages. But the expanding market provision of care has created new economic anxieties and raised pointed questions: Why do women continue to do most care work, both paid and unpaid? Why does care work remain low paid when the quality of care is so highly valued? How effective and equitable are public policies toward dependents in the United States? In For Love and Money, an interdisciplinary team of experts explores the theoretical dilemmas of care provision and provides an unprecedented empirical overview of the looming problems for the care sector in the United States. Drawing on diverse disciplines and areas of expertise, For Love and Money develops an innovative framework to analyze existing care policies and suggest potential directions for care policy and future research. Contributors Paula England, Nancy Folbre, and Carrie Leana explore the range of motivations for caregiving, such as familial responsibility or limited job prospects, and why both love and money can be efficient motivators. They also examine why women tend to specialize in the provision of care, citing factors like job discrimination, social pressure, or the personal motivation to provide care reported by many women. Suzanne Bianchi, Nancy Folbre, and Douglas Wolf estimate how much unpaid care is being provided in the United States and show that low-income families rely more on unpaid family members for their child and for elder care than do affluent families. With low wages and little savings, these families often find it difficult to provide care and earn enough money to stay afloat. Candace Howes, Carrie Leana and Kristin Smith investigate the dynamics within the paid care sector and find problematic wages and working conditions, including high turnover, inadequate training and a “pay penalty” for workers who enter care jobs. These conditions have consequences: poor job quality in child care and adult care also leads to poor care quality. In their chapters, Janet Gornick, Candace Howes and Laura Braslow provide a systematic inventory of public policies that directly shape the provision of care for children or for adults who need personal assistance, such as family leave, child care tax credits and Medicaid-funded long-term care. They conclude that income and variations in states’ policies are the greatest factors determining how well, and for whom, the current system works. Despite the demand for care work, very little public policy attention has been devoted to it. Only three states, for example, have enacted paid family leave programs. Paid or unpaid, care costs those who provide it. At the heart of For Love and Money is the understanding that the quality of care work in the United States matters not only for those who receive care but also for society at large, which benefits from the nurturance and maintenance of human capabilities. As care work gravitates from the family to the formal economy, this volume clarifies the pressing need for America to fundamentally rethink its care policies and increase public investment in this increasingly crucial sector.

The two volumes of Good Money concentrate on Hayek's work on money and monetary policy. Published in the centenary of his birth, these volumes bring forth some of the economist's most distinguished articles on monetary policy and offer another vital addition to the collection of Hayek's life work.

Good Money, Part I: The New World includes seven of Hayek's articles from the 1920s that were written largely in reaction to the work of Irving Fisher and W. C. Mitchell. Hayek encountered Fisher's work on the quantity theory of money and Mitchell's studies on business cycles during a U.S. visit in 1923-24. These articles attack the idea that price stabilization was consistent with the stabilization of foreign exchange and foreshadow Hayek's general critique that the whole of an economy is not simply the sum of its parts.

Good Money, Part II: The Standard offers five more of Hayek's articles that advance his ideas about money. In these essays, Hayek investigates the consequences of the "predicament of composition." This principle works on the premise that the entire society cannot simultaneously increase liquidity by selling property or services for cash. This analysis led Hayek to make what was perhaps his most controversial proposal: that governments should be denied a monopoly on the coining of money.

Taken together, these volumes present a comprehensive chronicle of Hayek's writings on monetary policy and offer readers an invaluable reference to some of his most profound thoughts about money.

"Each new addition to The Collected Works of F. A. Hayek, the University of Chicago's painstaking series of reissues and collections, is a gem."— Liberty on Volume IX of The Collected Works of F. A. Hayek

"Intellectually [Hayek] towers like a giant oak in a forest of saplings."—Chicago Tribune

"One of the great thinkers of our age who . . . revolutionized the world's intellectual and political life."—Former President George Herbert Walker Bush

Explores the origin and evolution of American public finance and shows how the nation’s rise to great-power status in the nineteenth century rested on its ability to go into debt.

Two and a half centuries after the American Revolution the United States stands as one of the greatest powers on earth and the undoubted leader of the western hemisphere. This stupendous evolution was far from a foregone conclusion at independence. The conquest of the North American continent required violence, suffering, and bloodshed. It also required the creation of a national government strong enough to go to war against, and acquire territory from, its North American rivals.

In A Hercules in the Cradle, Max M. Edling argues that the federal government’s abilities to tax and borrow money, developed in the early years of the republic, were critical to the young nation’s ability to wage war and expand its territory. He traces the growth of this capacity from the time of the founding to the aftermath of the Civil War, including the funding of the War of 1812 and the Mexican War. Edling maintains that the Founding Fathers clearly understood the connection between public finance and power: a well-managed public debt was a key part of every modern state. Creating a debt would always be a delicate and contentious matter in the American context, however, and statesmen of all persuasions tried to pay down the national debt in times of peace. 

In a bizarre love triangle, a man becomes increasingly desperate for the attention of a woman obsessed with her little dog. A hapless unromantic develops an algorithm to help him succeed at dating. And a divorcee becomes consumed with jealousy when a man she likes begins to date her 60 year old mother. In these tales of love pursued, yet rarely caught, characters find themselves tripping, sometimes painfully, sometimes hilariously, toward self-revelation. Here is life in all of its clumsiness, humor, and beauty. 

From Bitcoin to Apple Pay, big changes seem to be afoot in the world of money. Yet the use of coins and paper bills has persisted for 3,000 years. In How Would You Like to Pay?, leading anthropologist Bill Maurer narrates money's history, considers its role in everyday life, and discusses the implications of how new technologies are changing how we pay. These changes are especially important in the developing world, where people who lack access to banks are using cell phones in creative ways to send and save money. To truly understand money, Maurer explains, is to understand and appreciate the complex infrastructures and social relationships it relies on. Engaging and straightforward, How Would You Like to Pay? rethinks something so familiar and fundamental in new and exciting ways. Ultimately, considering how we would like to pay gives insights into determining how we would like to live. 

 

The previous editions of this work were praised as lucid and insightful introductions to a complicated subject. This third edition incorporates major additions to update the survey while retaining its clarity. Selected from the second edition are essential chapters on developments in balance-of-payments theories, inflation and exchange rates, the international adjustment to the oil price rise, and monetary integration in Europe. In three new chapters, Corden considers the international transmission of economic disturbances, the international macrosystem, and macroeconomic policy coordination.

Land of Milk and Money tells the story of the Francisco family, Portuguese immigrants who build a prosperous California dairy farm. With their growing success, plans to return to the Old Country fall by the wayside, and the legacy of the older generation becomes a source of contention among descendants competing to inherit herds of cattle and tracts of farmland. As matriarch, Teresa had devoted her life to keeping the peace in her big family. But when she dies long-simmering resentments and feuds burst into the open—and into the courtroom. Teresa, however, had seen it all coming, and her will contains a few surprises.

The Limits of Money examines money as a historical phenomenon and speculates on its future possibilities and limitations. The volume opens with a concise history of monetary systems and then examines how the advent of numbers transformed money into the main determinant of fiscal value. Simon Goudsmit concludes by looking at the tension between the power of financial incentives and the civic structures and behaviors needed to maintain Western democracy.

The Limits of Money is an intriguing and much-needed study of the role of money in daily life and human societies.

Globalization has opened up a flow of economic and cultural exchanges. While we often think about these concepts in terms of trade policies or international treaties, they also play out in more intimate spheres, such as transnational marriages.

Northeast Thailand has seen an increase in marriages between Thai women and farang (Western) men. Often the women are less well off and from rural areas in the country, while the men largely come from the United States and Europe and settle permanently in Thailand. These unions have created a new social class, with distinctive consumption patterns and lifestyles. And they are challenging gender relations and local perceptions of sexuality, marriage, and family.

In Love, Money and Obligation, Patcharin Lapanun offers an exploration of these marriages and their larger effect on Thai communities. Her interviews with women and men engaging in these transnational relationships highlight the complexities of the associations, as they are shaped by love, money, and gender obligations on the one hand and the dynamics of socio-cultural and historical contexts on the other. Her in-depth and even-handed examination highlights the importance of women’s agency and the strength and creativity of people seeking to forge meaningful lives in the processes of social transition and in the face of local and global encounters.

In 1935, after the death of dictator General Juan Vicente Gómez, Venezuela consolidated its position as the world's major oil exporter and began to establish what today is South America's longest-lasting democratic regime. Endowed with the power of state oil wealth, successive presidents appeared as transcendent figures who could magically transform Venezuela into a modern nation. During the 1974-78 oil boom, dazzling development projects promised finally to effect this transformation. Yet now the state must struggle to appease its foreign creditors, counter a declining economy, and contain a discontented citizenry. In critical dialogue with contemporary social theory, Fernando Coronil examines key transformations in Venezuela's polity, culture, and economy, recasting theories of development and highlighting the relevance of these processes for other postcolonial nations. The result is a timely and compelling historical ethnography of political power at the cutting edge of interdisciplinary reflections on modernity and the state.

In America, almost all the money in circulation passes through financial institutions every day. But in Nigeria's "cash and carry" system, 90 percent of the currency never comes back to a bank after it's issued. What happens when two such radically different economies meet and mingle, as they have for centuries in Atlantic Africa?

The answer is a rich diversity of economic practices responsive to both local and global circumstances. In Marginal Gains, Jane I. Guyer explores and explains these often bewildering practices, including trade with coastal capitalism and across indigenous currency zones, and within the modern popular economy. Drawing on a wide range of evidence, Guyer demonstrates that the region shares a coherent, if loosely knit, commercial culture. She shows how that culture actually works in daily practice, addressing both its differing scales of value and the many settings in which it operates, from crisis conditions to ordinary household budgets. The result is a landmark study that reveals not just how popular economic systems work in Africa, but possibly elsewhere in the Third World.

This groundbreaking volume explores the importance of economics and prosperity throughout Samuel Clemens’s writing and personal life.

Mark Twain and Money: Language, Capital, and Culture focuses on an overlooked feature of the story of one of America’s most celebrated writers. Investigating Samuel Clemens’s often conflicting but insightful views on the roles of money in American culture and identity, this collection of essays shows how his fascination with the complexity of nineteenth-century economics informs much of Mark Twain’s writing.
 
While most readers are familiar with Mark Twain the worldly wise writer, fewer are acquainted with Samuel Clemens the avid businessman. Throughout his life, he sought to strike it rich, whether mining for silver in Nevada, founding his own publishing company, or staking out ownership in the Paige typesetting machine. He was ever on the lookout for investment schemes and was intrigued by inventions, his own and those of others, that he imagined would net a windfall. Conventional wisdom has held that Clemens’s obsession with business and material wealth hindered his ability to write more and better books. However, this perspective fails to recognize how his interest in economics served as a rich source of inspiration for his literary creativity and is inseparable from his achievements as a writer. In fact, without this preoccupation with monetary success, Henry B. Wonham and Lawrence Howe argue, Twain’s writing would lack an important connection to a cornerstone of American culture.
 
The contributors to this volume examine a variety of topics, such as a Clemens family myth of vast landholdings, Clemens’s strategies for protecting the Mark Twain brand, his insights into rapidly evolving nineteenth-century financial practices, the persistence of patronage in the literary marketplace, the association of manhood and monetary success, Clemens’s attitude and actions toward poverty, his response to the pains of bankruptcy through writing, and the intersection of racial identity and economics in American culture. These illuminating essays show how pecuniary matters invigorate a wide range of Twain’s writing from The Gilded Age, Roughing It,The Adventures of Tom Sawyer, The Prince and the Pauper, and A Connecticut Yankee in King Arthur’s Court, to later stories like “The £1,000,000 Banknote” and the Autobiography.

The American Football League, established in 1960, was innovative both in its commitment to finding talented, overlooked players—particularly those who played for historically black colleges and universities—and in the decision by team owners to share television revenues. 

In Mavericks, Money and Men, football historian Charles Ross chronicles the AFL’s key events,  including Buck Buchanan becoming the first overall draft pick in 1963, and the 1965 boycott led by black players who refused to play in the AFL-All Star game after experiencing blatant racism. He also recounts how the success of the AFL forced a merger with the NFL in 1969, which arguably facilitated the evolution of modern professional football.

Ross shows how the league, originally created as a challenge to the dominance of the NFL, pressured for and ultimately accelerated the racial integration of pro football and also allowed the sport to adapt to how African Americans were themselves changing the game.

Chicago and New York share similar backgrounds but have had strikingly different fates. Tracing their fortunes from the 1930s to the present day, Ester R. Fuchs examines key policy decisions which have influenced the political structures of these cities and guided them into, or clear of, periods of economic crisis.

When Emily Martin delivered the annual Lewis Henry Morgan Lectures at the University of Rochester in 1986, she took as her subject the meaning of money in China and the United States. Though the topic is of perennial interest—and never more so than in our era, when economic forecasts of China’s growing economy generate shallow news stories and public fear—the lectures were never edited for publication, so their rich analysis has been unavailable to anthropologists ever since.

With this book—the first volume in a collaboration between Hau Books and the University of Rochester—Martin’s lectures are brought back, fully edited and richly illustrated. A new introduction by Martin herself brings her analysis wholly up to date, while an afterword by Jane I. Guyer and Sidney Mintz discusses Martin’s work, influence, and legacy. The Meaning of Money in China and the United States will instantly assume its rightful place as a classic in the field, with Martin’s insights as germane and productive as they were nearly thirty years ago.

This volume contains selected essays in celebration of the scholarship of the medieval historian Professor James L. Bolton. The essays address a number of different questions in medieval economic and social history, as the volume looks at the activities of merchants, their trade, legal interactions and identities, and on the importance of money and credit in the rural and urban economies. Other essays look more widely at patterns of immigration to London, trade and royal policy, and the role that merchants played in the Hundred Years War.

In response to widespread interest in a formal complete statement analyzing aspects of the money-income relationship and clarification of his quantity theory, Milton Friedman in 1970 published "A Theoretical Framework for Monetary Analysis," and a year later "A Monetary Theory of Nominal Income," both in the Journal of Political Economy. A combined version of these essays, first published by the National Bureau of Economic Research, begins this volume.

Because his statement was important and controversial both as a commentary on the history of economic thought and as a theoretical contribution in its own right, the Journal of Political Economy in 1972 presented critical reviews from noted monetary theorists, including Karl Brunner and Allan H. Meltzer, James Tobin, Paul Davidson, and Don Patinkin. Their studies, which are printed in the present volume, focus on substantive issues, covering a variety of topics. All of their major points are discussed in Friedman's reply, which clarifies and expands upon his original themes and introduces interesting new material. Thus the synthesis of his two articles, the critical comments, and his response, together with an introduction by Robert J. Gordon, are combined in one volume for the convenience of scholars and students.

Is conventional money simply a discourse? Is it merely a socially constructed unit of exchange? If money is not an actual thing, are people then free to make collective agreements to use other forms of currency that might work more effectively for them? Proponents of “better money” argue that they have created currencies that value people more than profitability, ensuring that human needs are met with reasonable costs and decent wages—and supporting local economies that emphasize local sustainability. How did proponents develop these new economies? Are their claims valid?

Grappling with these questions and more, Money and Liberation examines the experiences of groups who have tried to build a more equitable world by inventing new forms of money. Presenting in-depth profiles of the trading networks that have been constructed both historically and more recently, including Local Exchange Trading Schemes (England), Green Dollars (New Zealand), Talente (Hungary), and the barter system in Argentina, Peter North shows how the use of currency has been redefined as part of political action, revealing surprising political ambiguity and a nuanced understanding of the potential and limits on alternative currencies as a resistance practice.

Peter North is lecturer in geography at the University of Liverpool.

This is a comprehensive, critical introduction to the sociology of money, covering many topics, from the origins of money to its function today. Though our coins, bank notes and electronic tokens do function as means of exchange, money is in fact a social, intangible institution. This book shows that money does indeed rule the world. Exploring the unlikely origins of money in early societies and amidst the first civilizations, the book moves onto inherent liaison with finance, including the logic of financial markets. Turning to the contemporary politics of money, monetary experiments and reform initiatives such as Bitcoin and positive money, it finally reveals the essentially monetary constitution of modern society itself. Through criticizing the simplistic exchange paradigm of standard economics and rational choice theory, it demonstrates instead that money matters because it embodies social relations.

PREFACE AND ACKNOWLEDGMENTS

EDITOR'S INTRODUCTION

INTRODUCTION

1. THE MONETARY POLICY OF THE UNITED STATES AFTER THE RECOVERY FROM THE 1920 CRISIS (1925)
2. SOME REMARKS ON THE PROBLEM OF IMPUTATION (1926)
3. ON THE PROBLEM OF THE THEORY OF INTEREST (1927)
4. INTERTEMPORAL PRICE EQUILIBRIUM AND MOVEMENTS IN THE VALUE OF MONEY (1928)
5. THE FATE OF THE GOLD STANDARD (1932)
6. CAPITAL CONSUMPTION (1932)
7. ON 'NEUTRAL MONEY' (1933)
8. TECHNICAL PROGRESS AND EXCESS CAPACITY (1936)

Two reviews

MARGINAL UTILITY AND ECONOMIC CALCULATION (1925)
THE EXCHANGE VALUE OF MONEY (1929)

NAME INDEX

This volume provides a critical evaluation of Anna J. Schwartz's work and probes various facets of the immense contribution of her scholarship—How well has it stood the test of time? What critiques have been leveled against it? How has monetary research developed over the years, and how has her influence been manifested? Bordo has collected five conference papers presented by leading monetary scholars, discussants' comments, and closing remarks by Milton Friedman and Karl Brunner. Each of these insightful surveys extends Schwartz's work and makes its own contribution to the fields of monetary history, theory, and policy. The volume also contains a foreword by Martin Feldstein and a selected bibliography of publications by Anna Schwartz.

Modern monetary economics has been significantly influenced by the knowledge and insight brought to the field by the work of Anna J. Schwartz, an economist whose career has spanned almost half a century. Her contributions evidence a broad expertise in international history and policy, and an ability to apply the results of her careful historical research to current issues and debates. Money in Historical Perspective is a collection of sixteen of her papers selected by Michael D. Bordo and Milton Friedman. Grouped into three sections, the essays constitute a number of Dr. Schwartz's most cited articles on the subject of monetary economics, many of which are no longer readily accessible.

In the papers in part I, dating from 1947 to the present, Dr. Schwartz examines money and banking in the United States and the United Kingdom from a historical perspective. Her investigation of the historical evidence linking economic instability to erratic monetary behavior—this behavior itself a product of discretionary monetary policy—has led her to argue for the importance of stable money, and her writings on these issues over the last two decades form part II. The volume concludes with four recent articles on international monetary arrangements, including Dr. Schwartz's well-known work on the gold standard.

This volume of classic essays by Anna Schwartz will be a useful addition to the libraries of scholars and students for its exemplary historical research and commentary on monetary systems.

Anna Ott died in the Wisconsin State Hospital for the Insane in 1893. She had enjoyed status and financial success first as a physician's wife and then as the only female doctor in Madison. Throughout her first marriage, attempts to divorce her abusive second husband, and twenty years of institutionalization, Ott determinedly shaped her own life.

Kim E. Nielsen explores a life at once irregular and unexceptional. Historical and institutional structures, like her whiteness and laws that liberalized divorce and women's ability to control their property, opened up uncommon possibilities for Ott. Other structures, from domestic violence in the home to rampant sexism and ableism outside of it, remained a part of even affluent women's lives. Money, Marriage, and Madness tells a forgotten story of how the legal and medical cultures of the time shaped one woman—and what her life tells us about power and society in nineteenth century America.

Drawing on remarkably frank, in-depth interviews with 160 successful men in the United States and France, Michèle Lamont provides a rare and revealing collective portrait of the upper-middle class—the managers, professionals, entrepreneurs, and experts at the center of power in society. Her book is a subtle, textured description of how these men define the values and attitudes they consider essential in separating themselves—and their class—from everyone else.

Money, Morals, and Manners is an ambitious and sophisticated attempt to illuminate the nature of social class in modern society. For all those who downplay the importance of unequal social groups, it will be a revelation.

"A powerful, cogent study that will provide an elevated basis for debates in the sociology of culture for years to come."—David Gartman, American Journal of Sociology

"A major accomplishment! Combining cultural analysis and comparative approach with a splendid literary style, this book significantly broadens the understanding of stratification and inequality. . . . This book will provoke debate, inspire research, and serve as a model for many years to come."—R. Granfield, Choice

"This is an exceptionally fine piece of work, a splendid example of the sociologist's craft."—Lewis Coser, Boston College

Dominick Dunne seemed to live his entire adult life in the public eye, but in this biography Robert Hofler reveals a conflicted, enigmatic man who reinvented himself again and again. As a television and film producer in the 1950s–1970s, hobnobbing with Humphrey Bogart and Natalie Wood, he found success and crushing failure in a pitiless Hollywood. As a Vanity Fair journalist covering the lives of the rich and powerful, he mesmerized readers with his detailed coverage of spectacular murder cases—O.J. Simpson, the Menendez brothers, Michael Skakel, Phil Spector, and Claus von Bülow. He had his own television show, Dominick Dunne's Power, Privilege, and Justic. His five best-selling novels, including The Two Mrs. Grenvilles, People Like Us, and An Inconvenient Woman, were inspired by real lives and scandals. The brother of John Gregory Dunne and brother-in-law of Joan Didion, he was a friend and confidante of many literary luminaries. Dunne also had the ear of some of the world's most famous women, among them Princess Diana, Nancy Reagan, Liz Smith, Barbara Walters, and Elizabeth Taylor.

Dunne admitted to inventing himself, and it was that public persona he wrote about in his own memoir, The Way We Lived Then. Left out of that account, but brought to light here, were his intense rivalry with his brother John Gregory, the gay affairs and relationships he had throughout his marriage and beyond, and his fights with editors at Vanity Fair. Robert Hofler also reveals the painful rift in the family after the murder of Dominick's daughter, Dominique—compounded by his coverage of her killer's trial, which launched his career as a reporter.

How does the standard of living of gay men and lesbians compare with that of heterosexuals? Do homosexuals make financial and family decisions differently? Why are the professional lives of gay men and lesbians dissimilar from those of heterosexuals? Or do they even differ? Have gay people benefited from the recent economic boom? Or have public policies denied them their fair share?

Money, Myths, and Change provides new answers to these complex questions. This is the first comprehensive work to explore the economic lives of gays and lesbians in the United States. M. V. Lee Badgett weaves through and debunks common stereotypes about gay privilege, income, and consumer behavior. Studying the ends and means of gay life from an economic perspective, she disproves the assumption that gay men and lesbians are more affluent than heterosexuals, that they inspire discrimination when they come out of the closet, that they consume more conspicuously, that they enjoy a more self-indulgent, even hedonistic lifestyle. Badgett gets to the heart of these misconceptions through an analysis of the crucial issues that affect the livelihood of gay men and lesbians: discrimination in the workplace, denial of health care benefits to domestic partners and children, lack of access to legal institutions such as marriage, the corporate wooing of gay consumer dollars, and the use of gay economic clout to inspire social and political change.

Both timely and readable, Money, Myths, and Change stands as a much-needed corrective to the assumptions that inhibit gay economic equality. It is a definitive work that sheds new light on just what it means to be gay or lesbian in the United States.

Are political parties the weak link in Indonesia’s young democracy? More pointedly, do they form a giant cartel to suck patronage resources from the state? Indonesian commentators almost invariably brand the country’s parties as corrupt, self-absorbed, an

Banks and bankers are hardly the most beloved institutions and people in this country. With its corruptive influence on politics and stranglehold on the American economy, Wall Street is held in high regard by few outside the financial sector. But the pitchforks raised against this behemoth are largely rhetorical: we rarely see riots in the streets or public demands for an equitable and democratic banking system that result in serious national changes.

Yet the situation was vastly different a century ago, as Christopher W. Shaw shows. This book upends the conventional thinking that financial policy in the early twentieth century was set primarily by the needs and demands of bankers. Shaw shows that banking and politics were directly shaped by the literal and symbolic investments of the grassroots. This engagement remade financial institutions and the national economy, through populist pressure and the establishment of federal regulatory programs and agencies like the Farm Credit System and the Federal Deposit Insurance Corporation. Shaw reveals the surprising groundswell behind seemingly arcane legislation, as well as the power of the people to demand serious political repercussions for the banks that caused the Great Depression. One result of this sustained interest and pressure was legislation and regulation that brought on a long period of relative financial stability, with a reduced frequency of economic booms and busts. Ironically, this stability led to the decline of the very banking politics that brought it about.

Giving voice to a broad swath of American figures, including workers, farmers, politicians, and bankers alike, Money, Power, and the People recasts our understanding of what might be possible in balancing the needs of the people with those of their financial institutions.

During the 1960s a group of young artists in Japan challenged official forms of politics and daily life through interventionist art practices. William Marotti situates this phenomenon in the historical and political contexts of Japan after the Second World War and the international activism of the 1960s. The Japanese government renewed its Cold War partnership with the United States in 1960, defeating protests against a new security treaty through parliamentary action and the use of riot police. Afterward, the government promoted a depoliticized everyday world of high growth and consumption, creating a sanitized national image to present in the Tokyo Olympics of 1964. Artists were first to challenge this new political mythology. Marotti examines their political art, and the state's aggressive response to it. He reveals the challenge mounted in projects such as Akasegawa Genpei's 1,000-yen prints, a group performance on the busy Yamanote train line, and a plan for a giant guillotine in the Imperial Plaza. Focusing on the annual Yomiuri Indépendant exhibition, he demonstrates how artists came together in a playful but powerful critical art, triggering judicial and police response. Money, Trains, and Guillotines expands our understanding of the role of art in the international 1960s, and of the dynamics of art and policing in Japan.

Today crisis appears to be the normal order of things. We seem to be turning in widening gyres of economic failure, species extinction, resource scarcity, war, and climate change. These crises are interconnected ecologically, economically, and politically. Just as importantly, they are connected—and disconnected—in our imaginations. Public imaginations are possibly the most important stage on which crises are played out, for these views determine how the problems are perceived and what solutions are offered.

In The Nature of Spectacle, Jim Igoe embarks on multifaceted explorations of how we imagine nature and how nature shapes our imaginations. The book traces spectacular productions of imagined nature across time and space—from African nature tourism to transnational policy events to green consumer appeals in which the push of a virtual button appears to initiate a chain of events resulting in the protection of polar bears in the Arctic or jaguars in the Amazon rainforest. These explorations illuminate the often surprising intersections of consumerism, entertainment, and environmental policy. They show how these intersections figure in a strengthening and problematic policy consensus in which economic growth and ecosystem health are cast as mutually necessitating conditions. They also take seriously the potential of these intersections and how they may facilitate other alignments and imaginings that may become the basis of alternatives to our current socioecological predicaments.
 

The Cleveland Indians of 1928 were a far cry from the championship team of 1920. They had begun the decade as the best team in all of baseball, but over the following eight years, their owner died, the great Tris Speaker retired in the face of a looming scandal, and the franchise was in terrible shape. Seeing opportunity in the upheaval, Cleveland real estate mogul Alva Bradley purchased the ball club in 1927, infused it with cash, and filled its roster with star players such as Bob Feller, Earl Averill, and Hal Trosky. He aligned himself with civic leaders to push for a gigantic new stadium that—along with the team that played in it—would be the talk of the baseball world.

Then came the stock market crash of 1929. Municipal Stadium was built, despite the collapse of the industrial economy in Rust Belt cities, but the crowds did not follow. Always the shrewd businessman, Bradley had engineered a lease agreement with the city of Cleveland that included an out clause, and he exercised that option after the 1934 season, leaving the 80,000-seat, multimillion-dollar stadium without a tenant.

In No Money, No Beer, No Pennants, Scott H. Longert gives us a lively history of the ups and downs of a legendary team and its iconic players as they persevered through internal unrest and the turmoil of the Great Depression, pursuing a pennant that didn’t come until 1948. Illustrated with period photographs and filled with anecdotes of the great players, this book will delight fans of baseball and fans of Cleveland.

In the annals of American Jewish history, synagogue financial records have been largely overlooked. But as Daniel Judson shows in his examination of synagogue ledgers from 1728 to the present, these records provide an array of new insights into the development of American synagogues and the values of the Jews who worshipped in them. Looking at the history of American synagogues through an economic lens, Judson examines how synagogues raised funds, financed buildings, and paid clergy. By “following the money,” he reveals the priorities of the Jewish community at a given time. Throughout the book, Judson traces the history of capital campaigns and expenditures for buildings. He also explores synagogue competition and debates over previously sold seats, what to do about wealthy widows, the breaking down of gender norms, the hazan “bubble” (which saw dozens of overpaid cantors come to the United States from Europe), the successful move to outlaw “mushroom synagogues,” and the nascent synagogue-sharing economy of the twenty-first century. Judson shows as well the ongoing relationship of synagogue and church financing as well as the ways in which the American embrace of the free market in all things meant that the basic rules of supply and demand ultimately prevailed in the religious as well as the commercial realm.

The "political business cycle", according to economist William Nordhaus, creates a situation in which political and bureaucratic incentives create artificial economic booms just before elections, with consequent and deleterious side effects after the ballots are counted. This work examines the issue of whether federal governmental structure inevitably leaves the U.S. economy exposed to unhealthy political influences.

Interventionism—the manipulation of the internal politics of one country by another—has long been a feature of international relations. The practice shows no signs of abating, despite the recent collapse of Communism and the decline of the Cold War.

In The Political Economy of Third World Intervention, David Gibbs explores the factors that motivate intervention, especially the influence of business interests. He challenges conventional views of international relations, eschewing both the popular "realist" view that the state is influenced by diverse national interests and the "dependency" approach that stresses conflicts between industrialized countries and the Third World. Instead, Gibbs proposes a new theoretical model of "business conflict" which stresses divisions between different business interests and shows how such divisions can influence foreign policy and interventionism. Moreover, he focuses on the conflicts among the core countries, highlighting friction among private interests within these countries.

Drawing on U.S. government documents—including a wealth of newly declassified materials—he applies his new model to a detailed case study of the Congo Crisis of the 1960s. Gibbs demonstrates that the Crisis is more accurately characterized by competition among Western interests for access to the Congo's mineral wealth, than by Cold War competition, as has been previously argued.

Offering a fresh perspective for understanding the roots of any international conflict, this remarkably accessible volume will be of special interest to students of international political economy, comparative politics, and business-government relations.

"This book is an extremely important contribution to the study of international relations theory; Gibbs' treatment of the Congo case is superb. He effectively takes the "statists" to task and presents a compelling new way of analyzing external interventions in the Third World."—Michael G. Schatzberg, University of Wisconsin

"David Gibbs makes an original and important contribution to our understanding of the influence of business interests in the making of U.S. foreign policy. His business conflict model provides a synthetic theoretical framework for the analysis of business-government relations, one which yields fresh insights, overcomes inconsistencies in other approaches, and opens new ground for important research. . . . [Gibbs] provides a sophisticated analysis of the conflicts within the U.S. business community and identifies the complex ways in which they interacted with agencies within the government to form U.S. foreign policy toward the Congo. . . . This is a well-crafted analysis of a critical case of U.S. postwar intervention which should be of general interest to scholars and others concerned with the domestic bases of foreign policy."—Thomas J. Biersteker, Director, School of International Relations, University of Southern California

This book addresses, as few books in English have, a broad range of topics pertaining to China's expanding media and telecommunications systems. American and Chinese experts in journalism, communication, government, and political science use fieldwork, including participant observations, surveys, and in-depth interviews conducted within media organizations, to provide richly detailed analyses of the issues and of the changing face of media in China.

Each year, Congress appropriates billions of dollars for scientific research. In this book, veteran science reporter Daniel S. Greenberg takes us behind closed doors to show us who gets it, and why. What he reveals is startling: an overlooked world of false claims, pork, and cronyism, where science, money, and politics all manipulate one another.

Reformers lament that, with every effort to regulate the sources of campaign funding, candidates creatively circumvent the new legislation. But in fact, political fundraisers don't need to look for loopholes because, as Raymond J. La Raja proves, legislators intentionally design regulations to gain advantage over their partisan rivals.

La Raja traces the history of the U.S. campaign finance system from the late nineteenth century through the passage of the Bipartisan Campaign Reform Act (BCRA) of 2002. Then, using the 2004 presidential election as a case study, he compares the ways in which Democrats and Republicans adapted their national fund-raising and campaigning strategies to satisfy BCRA regulations. Drawing upon this wealth of historical and recent evidence, he concludes with recommendations for reforming campaign finance in ways that promote fair competition among candidates and guarantee their accountability to voters.

Small Change offers an engaging account of campaign finance reforms' contradictory history; it is a must-read for anyone concerned about influence of money on democratic elections.

What should serve as money, who should control its creation and circulation, and according to what rules? For more than two hundred years, the “money question” shaped American social thought, becoming a central subject of political debate and class conflict.  Sovereign of the Market reveals how and why this happened.

Jeffrey Sklansky’s wide-ranging study comprises three chronological parts devoted to major episodes in the career of the money question. First, the fight over the innovation of paper money in colonial New England. Second, the battle over the development of commercial banking in the new United States. And third, the struggle over the national banking system and the international gold standard in the late nineteenth century. Each section explores a broader problem of power that framed each conflict in successive phases of capitalist development: circulation, representation, and association. The three parts also encompass intellectual biographies of opposing reformers for each period, shedding new light on the connections between economic thought and other aspects of early American culture. The result is a fascinating, insightful, and deeply considered contribution to the history of capitalism.

In Standards of Value, Michael Germana reveals how tectonic shifts in U.S. monetary policy—from the Coinage Act of 1834 to the abolition of the domestic gold standard in 1933–34—correspond to strategic changes by American writers who renegotiated the value of racial difference. Populating the pages of this bold and innovative study are authors as varied as Harriet Beecher Stowe, George Washington Cable, Charles Chesnutt, James Weldon Johnson, Nella Larsen, Jessie Redmon Fauset, and Ralph Ellison—all of whom drew analogies between the form Americans thought the nation's money should take and the form they thought race relations and the nation should take.

A cultural history of race organized around and enmeshed within the theories of literary and monetary value, Standards of Value also recovers a rhetorical tradition in American culture whose echoes can be found in the visual and lyrical grammars of hip hop, the paintings of John W. Jones and Michael Ray Charles, the cinematography of Spike Lee, and many other contemporary forms and texts.

This reconsideration of American literature and cultural history has implications for how we value literary texts and how we read shifting standards of value. In vivid prose, Germana explains why dollars and cents appear where black and white bodies meet in American novels, how U.S. monetary policy gave these symbols their cultural currency, and why it matters for scholars of literary and cultural studies.

Theology of Money is a philosophical inquiry into the nature and role of money in the contemporary world. Philip Goodchild reveals the significance of money as a dynamic social force by arguing that under its influence, moral evaluation is subordinated to economic valuation, which is essentially abstract and anarchic. His rigorous inquiry opens into a complex analysis of political economy, encompassing markets and capital, banks and the state, class divisions, accounting practices, and the ecological crisis awaiting capitalism.

Engaging with Christian theology and the thought of Carl Schmitt, Georg Simmel, Karl Marx, Adam Smith, and many others, Goodchild develops a theology of money based on four contentions, which he elaborates in depth. First, money has no intrinsic value; it is a promise of value, a crystallization of future hopes. Second, money is the supreme value in contemporary society. Third, the value of assets measured by money is always future-oriented, dependent on expectations about how much might be obtained for those assets at a later date. Since this value, when realized, will again depend on future expectations, the future is forever deferred. Financial value is essentially a degree of hope, expectation, trust, or credit. Fourth, money is created as debt, which involves a social obligation to work or make profits to repay the loan. As a system of debts, money imposes an immense and irresistible system of social control on individuals, corporations, and governments, each of whom are threatened by economic failure if they refuse their obligations to the money system. This system of debt has progressively tightened its hold on all sectors and regions of global society. With Theology of Money, Goodchild aims to make conscious our collective faith and its dire implications.

Refrains about financial hardship are ubiquitous in contemporary Nigeria, frequently expressed through the idiom “to be a man is not a one-day job.” But while men talk constantly about money, underlying their economic worries are broader concerns about the shifting meanings of masculinity, amid changing expectations and practices of intimacy.
 
Drawing on twenty-five years of experience in southeastern Nigeria, Daniel Jordan Smith takes readers through the principal phases and arenas of men’s lives: the transition to adulthood; searching for work and making a living; courtship, marriage, and fatherhood; fraternal and political relationships; and finally, the attainment of elder status and death. He relates men’s struggles both to fulfill their own aspirations and to meet society’s expectations. He also considers men who behave badly, mistreat their wives and children, or resort to crime and violence. All of these men face similar challenges as they navigate the complex geometry of money and intimacy. Unraveling these connections, Smith argues, provides us with a deeper understanding of both masculinity and society in Nigeria. 

Less than two centuries ago finance - today viewed as the center of economic necessity and epitome of scientific respectability - stood condemned as disreputable fraud. How this change in status came about, and what it reveals about the nature of finance, is the story told in Virtue, Fortune, and Faith. A unique cultural history of modern financial markets from the early eighteenth century to the present day, the book offers a genealogical reading of the historical insecurities, debates, and controversies that had to be purged from nascent credit practices in order to produce the image of today's coherent and - largely - rational global financial sphere. Marieke de Goede discusses moral, religious, and political transformations that have slowly naturalized the domain of finance. Using a deft integration of feminist and poststructuralist approaches, her book demonstrates that finance - not just its rules of personal engagement, but also its statistics, formulas, instruments, and institutions - is a profoundly cultural and politically contingent practice. When closely examined, the history of finance is one of colonial conquest, sexual imagination, constructions of time, and discourses of legitimate (or illegitimate) profit making. Regardless, this history has had a far-reaching impact on the development of the modern international financial institutions that act as the stewards of the world's economic resources. De Goede explores the political contestations over ideas of time and money; the gendered discourse of credit and credibility; differences among gambling, finance, and speculation; debates over the proper definition of the free market; the meaning of financial crisis; and the morality of speculation. In an era when financial practices are pronounced too specialized for broad-based public, democratic debate, Virtue, Fortune, and Faith questions assumptions about international finance's unchallenged position and effectively exposes its ambiguous scientific authority.

Examining the ways the publishing experiences of Conrad, Joyce, and Lawrence affected their fiction, Wexler draws on diverse sources of evidence to challenge some of the myths of modernism.

Partly a roman à clef, partly a paradic "novel-within-a-novel," Writing for Love and Money is perhaps best described as a comic odyssey into the world of the bestseller, a tour guide for writing a blockbuster. Playfully weaving literary puns and allusions into an enthralling narrative, Perutz allows Kate, assisted by a host of "real" and fictional authors, to learn page by page the ingredients of popular fiction. While some critics may argue about the genre—is the book a novel? a memoir? an expose?—Perutz's readers will agree that Writing for Love and Money is one of the funniest nonnovels, nonmemoirs, nonexposes they've read.

Yam in West Africa examines a crop that has been sidelined and ignored for too long while being central to the existence of so many and consumed worldwide. In this book, Felix Nweke attempts to unravel the contradictory nature of the yam crop sector in West Africa by looking at the largest issues in the problematic industry.

Yam production is concentrated in West Africa, which is responsible for more than 90 percent of the 50 million tons produced annually around the globe. Though the crop can attract high prices, too often its producers live in penury. Regional issues drive up labor costs of food crops because of dependence on obsolete technology. In addition, certain agronomic practices that are peculiar to yam production remain unchanged, and pests and diseases still ravage the crop. Yam in West Africa investigates solutions to these problems with the aim of expanding yam production, increasing sales, helping farmers, and bringing more of this staple food to those who need it. The future of the yam is bright; this book aims to make it more so.