The Meaning of Money

Edward Skidelsky and Robert Skidelsky
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Edward Skidelsky: University of Exeter
Robert Skidelsky: University of Warwick

Chapter Session 4 in Are Markets Moral?, 2015, pp 103-143 from Palgrave Macmillan

Abstract: Abstract Actually, I hesitate to start on this topic of the meaning of money, because not only am I here with all of you, who are real experts, much more expert than I am and proper scholars, and I am basically just a bit of a yahoo, a practitioner in the world of money — I run a bond fund — but also because I am aware that in no other field than money is there a greater risk of being dismissed as a complete crank when you claim to have discovered the meaning of it. I am sure many of you will know Paul Samuelson, the great Nobel Prize-winning American economist. He used to say, ‘not one man in 10,000 understands the monetary question, and you meet him every day’. So here am I, and you have just met me.

Keywords: Social Trust; Symbolic System; Bond Fund; Personal Trust; Payday Loan (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-137-47274-8_5

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DOI: 10.1057/9781137472748_5

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