From the vault: money and the mind, a psychoanalysis

[Related topics came up earlier today on the Facebook, so I thought I’d post this excerpt from my book Wall Street (Verso, 1996/1997). You can download the whole book for free here. For a more “economic” analysis of money and gold, see From the vault: the gold fetish.] Money, mind, and matter: a psychocultural digression  Money is a kind of poetry. — Wallace Stevens (1971, p. 165) Who drinks on credit gets twice as drunk. — Turkish proverb One virtue of Keynes’s attention to psychology and sentiment is that it forces us to think about economics… Read More