Time
Family time:
Many informal obligations between people involve time. Parents provide for children when they are young, and children owe them support when they are old. This is a form of inter-temporal e...
Measurement
Blood banks: what do you charge for deposits and withdrawals?
A very striking example of how pricing something might change our attitude towards it was provided in 1970 by a professor at the Lon...
Money's allure
Pokémania:
Whoever created Pokémon cards was a strange genius. He identified the necessary properties of money and created his very own printing press. The cards can be used to play a board g...
BBC World Service interviews with Eric Lonergan
Listen to Eric Lonergan and Martin Wolf.
"What we have to recognise within finance and money is our primitive brain can dominate behaviour" – Eric Lonergan
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Interview in The Guardian
In their daily commute on trains or the underground, most bankers read the financial press, work on their BlackBerries or dream about what to do with their bonuses. Eric Lonergan mull...
FT, 4 December 2008
The most direct and efficient solution to the economic and financial problems is for central banks to transfer cash directly to the household sector.
Read on......
Review in The Economist
Towards the end of Eric Lonergan’s considered treatise on money, he recounts how Pokémon cards, a baffling craze from Japan, spontaneously turned into currency in his daughter’s school ...
Panel discussion, The Economist
Last night, I found myself in St Mary le Bow church in Cheapside, debating "The colour of money". The event was the launch of a (rather good) book by Eric Lonergan, a hedge fund...
Discussion on Mark Vernon's blog
Money is reflexive stuff. Not just in the sense of being a medium of exchange. But in the sense that it affects our beliefs, values and feelings.
Read on......