Beyond twin deficits: Emotions of the future in the organizations of money

J. F. Pixley*

*Corresponding author for this work

Research output: Contribution to journalArticlepeer-review

17 Citations (Scopus)

Abstract

This paper outlines new developments in the sociology of money. It highlights certain aspects of Post Keynesian monetarism and explores Keynesian concepts of emotions relative to economics and economic sociology. Gunnar Myrdal's work on time and money contributes to the discussion. Underdeveloped areas of discourse in both sociology and economics are identified and the resulting superficiality of references to money are examined. Sociology, for example, has historically neglected concepts of future time and money, while economics has paid little attention to emotions and organizations. Removing these orthodox barriers allows economics to be informed by concepts previously relegated to sociology, such as emotions of trust and confidence. This process may induce the disaffected from both disciplines to draw from each other, creating an alternative, and ultimately more satisfactory understanding of money.

Original languageEnglish
Pages (from-to)1091-1118
Number of pages28
JournalAmerican Journal of Economics and Sociology
Volume58
Issue number4
Publication statusPublished - Oct 1999
Externally publishedYes

Fingerprint Dive into the research topics of 'Beyond twin deficits: Emotions of the future in the organizations of money'. Together they form a unique fingerprint.

Cite this