skip to content

Faculty of Economics

Journal Cover

Lawson, T.

Social Positioning and the Nature of Money

Cambridge Journal of Economics

Vol. 40(6) pp. 961-996 (2016)

Abstract: The question of the nature of money is pursued drawing on results generated in the field of social ontology as well as on observations from history. The conception of the nature of money found in this manner to be the most sustainable is compared to various other prominent, if usually held to be mutually incompatible, theories.

Keywords: Money, Commodity, Credit/debt, Value, Social ontology, Social positioning, Social relations, Functions, Right, Obligations

JEL Codes: A10, B00, B10, B20, B30, B40, N00, P00, P10

Author links: Tony Lawson  

Publisher's Link: https://cje.oxfordjournals.org/content/40/4/961.full?sid=22f2511a-a5db-4e18-a853-3e9e65ab2ab7



Papers and Publications



Recent Publications


Fruehwirth, J., Iyer, S. and Zhang, A. Religion and Depression in Adolescence Journal of Political Economy [2019]

Ambrus, A. and Elliott, M. Investments in Social Ties, Risk Sharing, and Inequality Review of Economic Studies [2020]

Todd, P. E. and Zhang, W. A Dynamic Model of Personality, Schooling, and Occupational Choice Quantitative Economics [2020]

Bergin, P. R. and Corsetti, G. Beyond Competitive Devaluations: The Monetary Dimensions of Comparative Advantage American Economic Journal: Macroeconomics [2020]