Economy of Words

by Douglas R. Holmes

Author	: Douglas R. Holmes
Publisher	: University of Chicago Press
Total Pages	: 278
Release	: 2013-12-09
Genre	: Social Science
ISBN	: 022608776X

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Markets are artifacts of language—so Douglas R. Holmes argues in this deeply researched look at central banks and the people who run them. Working at the intersection of anthropology, linguistics, and economics, he shows how central bankers have been engaging in communicative experiments that predate the financial crisis and continue to be refined amid its unfolding turmoil—experiments that do not merely describe the economy, but actually create its distinctive features. Holmes examines the New York District Branch of the Federal Reserve, the European Central Bank, Deutsche Bundesbank, and the Bank of England, among others, and shows how officials there have created a new monetary regime that relies on collaboration with the public to achieve the ends of monetary policy. Central bankers, Holmes argues, have shifted the conceptual anchor of monetary affairs away from standards such as gold or fixed exchange rates and toward an evolving relationship with the public, one rooted in sentiments and expectations. Going behind closed doors to reveal the intellectual world of central banks,Economy of Words offers provocative new insights into the way our economic circumstances are conceptualized and ultimately managed.

The Economy of the Word

by Keith Tribe

Author	: Keith Tribe
Publisher	: Oxford University Press
Total Pages	: 349
Release	: 2015-02-03
Genre	: Business & Economics
ISBN	: 0190211628

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It was only in the sixteenth century that texts began to refer to the significance of "economic activity" -- of sustaining life. This was not because the ordinary business of life was thought unimportant, but because the principles governing economic conduct were thought to be obvious or uncontroversial. The subsequent development of economic writing thus parallels the development of capitalism in Western Europe. From the seventeenth to the twenty-first century there has been a constant shift in content, audience, and form of argument as the literature of economic argument developed. The Economy of the Word proposes that to understand the various forms that economic literature has taken, we need to adopt a more literary approach in economics specifically, to adopt the instruments and techniques of philology. This way we can conceive the history of economic thought to be an on-going work in progress, rather than the story of the emergence of modern economic thinking. This approach demands that we pay attention to the construction of particular texts, showing the work of economic argument in different contexts. In sum, we need to pay attention to the "economy of the word". The Economy of the Word is divided into three parts. The first explains what the term "economy" has meant from Antiquity to Modernity, coupling this conceptual history with an examination of how the idea of national income was turned into a number during the first half of the twentieth century. The second part is devoted to Adam Smith's Wealth of Nations, considering first the manner in which Smith deals with international trade, and then the way in which the book was read in the course of the nineteenth century. Part III examines the sources used by Karl Marx and Léon Walras in developing their economic analysis, drawing attention to their shared intellectual context in French political economy.

Economy and Semantic Interpretation

by Danny Fox

Author	: Danny Fox
Publisher	: MIT Press
Total Pages	: 242
Release	: 2000
Genre	: Language Arts & Disciplines
ISBN	: 9780262561211

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Exploring the relevance of principles of optimization to the interface between syntax and semantics. In Economy and Semantic Interpretation, Danny Fox investigates the relevance of principles of optimization (economy) to the interface between syntax and semantics. Supporting the view that grammar is restricted by economy considerations, Fox argues for various economy conditions that constrain the application of covert operations. Among other things, he argues that syntactic operations that do not affect phonology cannot apply unless they affect the semantic interpretation of a sentence. This position has a number of consequences for the architecture of grammar. For example, it suggests that the modularity assumption, according to which a language's syntax must be characterized independently of its semantics, needs to be revised. Another consequence concerns new answers to the question of exactly where in the syntactic derivation the various constraints on interpretation apply. Linguistic Inquiry Monograph No. 35Copublished with the MIT Working Papers in Linguistics series.

Trading Words

by Claire Badaracco

Author	: Claire Badaracco
Publisher	:
Total Pages	: 288
Release	: 1995
Genre	: Business & Economics
ISBN	:

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Between the turn of the century and about 1940, dramatic changes took place in both British and American print culture. Publishers scrambled as new markets developed or were created through advertising. Lithographers and designers helped establish the preeminence of "modern" aesthetics. And the centuries-old printing industry was transformed by unprecedented technological advances. In Trading Words Claire Hoertz Badaracco examines these fascinating developments in an engaging study of the economics of literary design. She investigates how writers sold their poetry by marketing their reputations, how book printers used American literature to break the long hold of European classics on the mass-market literary imagination, and how direct mail and advertising made or broke subscription publishing enterprises during the 1930s. Drawing on rare books and manuscript materials from distinguished collections in the history of printing and marketing, Badaracco freshly surveys the development of twentieth-century "mass culture" and reinterprets the philosophies, ideals, and schemes of the poets, typographers, and publishers who succeeded in capturing the public imagination.

Economix

by Michael Goodwin

Author	: Michael Goodwin
Publisher	: Abrams
Total Pages	: 310
Release	: 2012-09-01
Genre	: Comics & Graphic Novels
ISBN	: 1613123698

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Economix is an essential and accessible guide to understanding the economy and economic practices. This New York Times bestseller is a must-read for every citizen and every voter. With clear, witty writing and quirky, accessible art, this important and timely graphic novel transforms “the dismal science” of economics into a fun, fact-filled story about human nature and our attempts to make the most of what we’ve got . . . and sometimes what our neighbors have. Economix explains it all, from the beginning of Western economic thought; to markets free and otherwise; to economic failures, successes, limitations, and future possibilities. Everybody’s talking about the economy, but how can we, the people, make sense of what Wall Street or Washington say they know? Read the New York Times bestselling Economix, from author Michael Goodwin and illustrator Dan E. Burr. “Goodwin brilliantly contextualizes economic theories with historical narrative, while Burr’s simple but elegant illustration employs classical techniques like caricaturing politicians and symbolizing big businesses (as a gleeful factory) to help the reader visualize difficult concepts.” —Publishers Weekly (starred review) “This witty and elegant volume takes on a number of complex issues—in this case, economics, history and finance—and makes them comprehensible for mere mortals.” —Miami Herald “Michael Goodwin hasn’t just written a great graphic novel—he’s written one that should be required for every school, newsroom, and library in the United States.” —Minneapolis Star Tribune

Banking on Words

by Arjun Appadurai

Author	: Arjun Appadurai
Publisher	: University of Chicago Press
Total Pages	: 189
Release	: 2016
Genre	: Business & Economics
ISBN	: 022631877X

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In this short but ambitious book, Arjun Appadurai argues that the failure of the financial system in 2007-08 in the United States was primarily a failure of language. This argument does not deny that greed, ignorance, weak regulation, and irresponsible risk-taking were important factors in the collapse. But the new role of language in the marketplace, for Appadurai, is the condition of possibility for all these more easily identifiable flaws. Attempts to rectify the social pathologies of contemporary finance must address that failure of language. "Banking on Words "focuses on derivatives as the distinctive innovation of our financial era. Derivatives are written promises concerning the uncertain future prices of financial assets and the substance of these contracts is expressed in terms of money. The recent failure of derivatives markets was systematic and should be understood as failed promises. While it is well-known that derivatives pile risk on risk with little basis in real production and trade, Appadurai reveals this process in a fresh light from which some policy conclusions may be drawn. While critical of derivative finance s present social infrastructure and supporting ideology, Appadurai acknowledges its capacity for creating vast new forms of wealth and asks the crucial question: if we want access to that wealth, what kind of social arrangements would we need to make sure that it benefits all of society rather than reinforcing a system that benefits the few who are already well off? His bold answer involves not the repair of the force of promises but rather the repair and reconstruction of the idea of the individual to enable new sorts of solidarity between dividuals, agents whose very partiality may allow for new aggregations of aspiration, interest and affiliation. This amounts to nothing less than a new ideology of sociality."

The Economy of Literature

by Marc Shell

Author	: Marc Shell
Publisher	: JHU Press
Total Pages	: 198
Release	: 1993-09
Genre	: Literary Criticism
ISBN	: 9780801846946

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Why did coinage, tyranny, and philosophy develop in the same time and place? Marc Shell explores how both money and language give "worth" by providing a medium of exchange, how the development of money led to a revolution in philosophical thought and language, and how words transform mere commodities into symbols at once aesthetic and practical. Offering carefully documented interpretations of texts from Heraclitus, Herodotus, Sophocles, Plato, Aristotle, Rousseau, and Ruskin, Shell demonstrates the kinship between literary and economic theory and production, introduces new methods of analyzing texts, and shows how literary and philosophical fictions can help us understand the world in which we live.

Politics and the English Language

by George Orwell

Author	: George Orwell
Publisher	: Renard Press Ltd
Total Pages	:
Release	: 2021-01-01
Genre	: Literary Collections
ISBN	: 1913724271

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George Orwell set out ‘to make political writing into an art’, and to a wide extent this aim shaped the future of English literature – his descriptions of authoritarian regimes helped to form a new vocabulary that is fundamental to understanding totalitarianism. While 1984 and Animal Farm are amongst the most popular classic novels in the English language, this new series of Orwell’s essays seeks to bring a wider selection of his writing on politics and literature to a new readership. In Politics and the English Language, the second in the Orwell’s Essays series, Orwell takes aim at the language used in politics, which, he says, ‘is designed to make lies sound truthful and murder respectable, and to give an appearance of solidity to pure wind’. In an age where the language used in politics is constantly under the microscope, Orwell’s Politics and the English Language is just as relevant today, and gives the reader a vital understanding of the tactics at play. 'A writer who can – and must – be rediscovered with every age.' — Irish Times

Economy of the Unlost

by Anne Carson

Author	: Anne Carson
Publisher	: Princeton University Press
Total Pages	: 156
Release	: 2009-04-11
Genre	: Literary Criticism
ISBN	: 1400823153

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The ancient Greek lyric poet Simonides of Keos was the first poet in the Western tradition to take money for poetic composition. From this starting point, Anne Carson launches an exploration, poetic in its own right, of the idea of poetic economy. She offers a reading of certain of Simonides' texts and aligns these with writings of the modern Romanian poet Paul Celan, a Jew and survivor of the Holocaust, whose "economies" of language are notorious. Asking such questions as, What is lost when words are wasted? and Who profits when words are saved? Carson reveals the two poets' striking commonalities. In Carson's view Simonides and Celan share a similar mentality or disposition toward the world, language and the work of the poet. Economy of the Unlost begins by showing how each of the two poets stands in a state of alienation between two worlds. In Simonides' case, the gift economy of fifth-century b.c. Greece was giving way to one based on money and commodities, while Celan's life spanned pre- and post-Holocaust worlds, and he himself, writing in German, became estranged from his native language. Carson goes on to consider various aspects of the two poets' techniques for coming to grips with the invisible through the visible world. A focus on the genre of the epitaph grants insights into the kinds of exchange the poets envision between the living and the dead. Assessing the impact on Simonidean composition of the material fact of inscription on stone, Carson suggests that a need for brevity influenced the exactitude and clarity of Simonides' style, and proposes a comparison with Celan's interest in the "negative design" of printmaking: both poets, though in different ways, employ a kind of negative image making, cutting away all that is superfluous. This book's juxtaposition of the two poets illuminates their differences--Simonides' fundamental faith in the power of the word, Celan's ultimate despair--as well as their similarities; it provides fertile ground for the virtuosic interplay of Carson's scholarship and her poetic sensibility.