'Michael Lewis is, by a long way, the most important financial writer alive today' Spectator 'As traders would say, this book is a buy' Financial Times By the author of the #1 bestseller THE BIG SHORT and the original business classic LIAR'S POKER comes the classic portrait of the 1980s financial scene. __________ The 1980s was the most outrageous and turbulent era in the financial market since the crash of '29, not only on Wall Street but around the world. Michael Lewis, as a trainee at Solomon Brothers in New York and as an investment banker and later financial journalist, was uniquely positioned to chronicle the ambition and folly that fueled that decade. In these trenchant, often hilarious, true tales we meet the colourful movers and shakers who commanded the headlines and rewrote the rules. Whether he is analysing the unsavoury details of the RJR Nabisco takeover or flaying American Express. Lewis brings to the task a wicked pen and a triumphant sense of humour __________
Based on ethnographic research, this book explores the ways in which elite women use and view money in order to construct identities – of class, status, and gender. Drawing on their everyday worlds, it tracks the intricate and contested meanings they attach to money. Focusing on weddings, travel, and spirituality, Parul Bhandari delineates the entitlements and privileges as well as the obsessions and vulnerabilities that underlie the construction of class, the shaping of elite cultures, and the curating of femininity. As such, this book offers an innovative account of the interplay between money, modernity, class, and gender.
In Money, Culture, and Well-Being in Rome's Economic Development, 0-275 CE, Daniel Hoyer offers a new approach to explain some of the remarkable achievements of Imperial Rome
One of the first volumes to explore the intersection of economics, morality, and culture, this collection analyzes the role of the developing monetary economy in Western Europe from the twelfth to the seventeenth century. The contributors--scholars from the fields of history, literature, art history and musicology--explore how money infiltrated every aspect of everyday life, modified notions of social identity, and encouraged debates about ethical uses of wealth.
• A Boston Globe Best Book of 2015 • “A penetrating examination of how the elite college football programs have become ‘giant entertainment businesses that happened to do a little education on the side.’”—Mark Kram, The New York Times Two-time Pulitzer-Prize-winning journalist Gilbert M. Gaul offers a riveting and sometimes shocking look inside the money culture of college football and how it has come to dominate a surprising number of colleges and universities. Over the past decade college football has not only doubled in size, but its elite programs have become a $2.5-billion-a-year entertainment business, with lavishly paid coaches, lucrative television deals, and corporate sponsors eager to slap their logos on everything from scoreboards to footballs and uniforms. Profit margins among the top football schools range from 60% to 75%—results that dwarf those of such high-profile companies as Apple, Facebook, and Microsoft—yet thanks to the support of their football-mad representatives in Congress, teams aren’t required to pay taxes. In most cases, those windfalls are not passed on to the universities themselves, but flow directly back into their athletic departments. College presidents have been unwilling or powerless to stop a system that has spawned a wildly profligate infrastructure of coaches, trainers, marketing gurus, and a growing cadre of bureaucrats whose sole purpose is to ensure that players remain academically eligible to play. From the University of Oregon’s lavish $42 million academic center for athletes to Alabama coach Nick Saban’s $7 million paycheck—ten times what the school pays its president, and 70 times what a full-time professor there earns—Gaul examines in depth the extraordinary financial model that supports college football and the effect it has had not only on other athletic programs but on academic ones as well. What are the consequences when college football coaches are the highest paid public employees in over half the states in an economically troubled country, or when football players at some schools receive ten times the amount of scholarship awards that academically gifted students do? Billion-Dollar Ball considers these and many other issues in a compelling account of how an astonishingly wealthy sports franchise has begun to reframe campus values and distort the fundamental academic mission of our universities. From the Hardcover edition.
In the “Pocket Money Project,” researchers from four countries, Japan, Korea, China, and Vietnam collaborated and studied how children in those four countries were involved with money, combining various research methods and approaches. What our project tries to present throughout this book is that money is not only just a tool of exchange in the context of the market economy; but, it also serves as a tool to mediate human relationships in individual cultures; and the tool is used and mediated by norms. The structure of the norms differs among cultures, and the same action has different meanings; thus, when the structure of norms in a culture is identified, the meaning of an action in the culture becomes clear. The research practice of “the Cultural Psychology of Differences” does not aim to create inventories of static differences. When a researcher, who is also a member of a specific culture, witnesses common behavior (cultural practices) among the others belonging to a different culture, the researcher is surprised, and, at the same time, reflects on his or her own common behavior (cultural practices); by doing so, mutual understanding and empathy are deepened, and this is exactly what “the Cultural Psychology of Differences” aims to do. Culture of the others appears dynamically, swaying ourselves; theorizing such a process is the task of our “Cultural Psychology of Differences”. We believe this practice of understanding different cultures will provide a practical prescription for mutual understanding through tensions and surprise not only for psychology but also for members of the countries that historically and constantly have had strained relationships. "Cultural Psychology of Differences” is the ideal that cultural psychology to study the relationships between mind and culture should be pursued in the future.
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
Bettig and Hall present a lively and scathing critique of the contemporary communications industry. They explore recent news events and challenges posed by the Internet and the effects of copyright control, as well as growing corporate influence in the newsroom and the classroom. The authors conclude that current interconnections among media, big business, government, and education reflect capitalism's trend of concentration of wealth and power—posing a serious threat to democratic communications.
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.
With a new foreword by Charles Lemert 'Its greatness...lies in ceaseless and varied use of the money form to unearth and conceptually reveal incommensurabilities of all kinds, in social reality fully as much as in thought itself.' - Fredric Jameson In The Philosophy of Money, Georg Simmel puts money on the couch. He provides us with a classic analysis of the social, psychological and philosophical aspects of the money economy, full of brilliant insights into the forms that social relationships take. He analyzes the relationships of money to exchange, human personality, the position of women, and individual freedom. Simmel also offers us prophetic insights into the consequences of the modern money economy and the division of labour, in particular the processes of alienation and reification in work and urban life. An immense and profound piece of work it demands to be read today and for years to come as a stunning account of the meaning, use and culture of money. Georg Simmel (1858-1918) was born in Berlin, the youngest of seven children. He studied philosophy and history at the University of Berlin and was one of the first generation of great German sociologists that included Max Weber.
Comprehensive and cross-cultural, this book examines such diverse subjects as: money and power, gender differences, morality and tax, the very rich, the poor, lottery winners, misers, gamblers, philanthropists and much more.
This masterful book investigates and analyzes several aspects of money among the Yoruba of Nigeria. Falola and Adebayo explore the origin, philosophy, uses, politics, and problems of acquiring and spending money in Yoruba culture. No prior book exists on this aspect of a major ethnic group in Africa with established connections with the black Diaspora in North America and the Caribbean. Conceived so that each chapter may be read individually, the volume is divided into three parts. Part 1, "Money and Its Uses," focuses on the transition from barter to cowry currency, the idealistic and pragmatic views of money, the impact of monetization on social stratification, accumulation among members of the elite, and the development of savings, banking, and credit institutions. Part 2, "Money and Its Problems," investigates the social, political, and cultural problems of money, including money-lending, theft, counterfeiting, and corruption. Part 3, "Money and Oil Economy," assesses the impact of the oil industry on the Nigerian state and examines both the positive and negative effects of oil money on Yoruba economy, society, and spending. Concluding chapters detail efforts to arrest the crisis that followed the economic slump after the oil boom and led to the adoption of the Structural Adjustment Program, and also evaluate the effects of currency devaluation on personal and communal responsibilities and social payment. Culture, Politics, and Money Among the Yoruba is timely in view of ongoing political and economic changes in Africa. It will be of interest to economists, sociologists, and African studies specialists. Toyin Falola, a leading historian of Nigeria and a distinguished Africanist, is professor of history at the University of Texas at Austin. His books include Decolonization and Development Planning and Violence in Nigeria. He is at the moment completing a study on the history of Nigeria. Akanmu Adebayo is a professor of history at Kennesaw State University in Kennesaw, Georgia. His latest book is Embattled Federalism: A History of Revenue Allocation in Nigeria.
For many Germans the hyperinflation of 1922 to 1923 was one of the most decisive experiences of the twentieth century. In his original and authoritative study, Bernd Widdig investigates the effects of that inflation on German culture during the Weimar Republic. He argues that inflation, with its dynamics of massification, devaluation, and the rapid circulation of money, is an integral part of modern culture and intensifies and condenses the experience of modernity in a traumatic way.