Money and finance: anthropology’s classical legacy

Sociology and anthropology emerged as modern academic disciplines as part of the attempt to grasp how industrialization was changing the place of Europe and North America in world history.  Karl Marx, Max Weber, Emile Durkheim and George Simmel are the classical sources for this enterprise; but we have chosen to highlight the contribution of Durkheim’s […] →Read more

The anthropology of money and finance: from ethnography to world history

Keith Hart (London School of Economics and University of Pretoria) and Horacio Ortiz (Centre de sociologie de l’innovation, Paris). This is an essay in the making currently posted in three parts with a separate bibliography. We hope to circulate it widely and invite you to comment and discuss all or bits of it, as you […] →Read more

West African political economy: a regional history

The origins of West African political economy In the course of the twentieth century West Africa went through a revolution consisting of an explosion in population, the rise of huge cities and the political division of the region into nominally independent states. While becoming more closely integrated into the world economy than ever before, the […] →Read more

The human economy: a strategy in the struggle for happiness

An earlier essay, ‘Manifesto for a human economy‘, deals explicitly with the object, theory and methods of a human economy approach. Here I examine some of the precedents for such an approach in the history of modern revolutions. ‘Human economy’ is one way of taking forward the great conversation about making a better world. Here […] →Read more

State, region and revolution in African development

Africans wait for emancipation in an unequal world We live in a racist world. Despite the collapse of European empire and the formal adoption of a façade of international bureaucracy, the vast majority of black Africans are still waiting for meaningful emancipation from their perceived social inferiority. The idea that humanity consists of a racial […] →Read more

A tale of two currencies: the euro and Argentinian peso compared (2002)

It was the best of times, it was the worst of times. — Charles Dickens The euro coins and notes were introduced on 1 January, with mildly euphoric expectations of a new era for Europe. The national currencies of twelve countries, which had been linked together for some time, now ceased to be legal tender, […] →Read more

Money in the making of a human economy: beyond national capitalism

  LETS and me The euro crisis The collapse of national capitalism A human economy approach Harnessing bureaucracy to grassroots democracy   LETS and me All my life money has been an obsession. I have always been keener to understand it than to have a lot of it. When I was 5, I was bewildered […] →Read more

The case for an African customs union

Introduction I first explain what I mean by saying that the informal economy, a concept I was associated with coining in the early 1970s, has taken over the world, largely as a result of neoliberal deregulation over the last three decades. After a brief account of my own early exposure to West Africa, I turn […] →Read more

Responsibility in finance

Is it possible to institute a moral politics, moral law or moral economics that would help most people to humanise the impersonal social forces that govern their lives? This question does not come to us out of nowhere and certainly not just in the circumstances of the recent financial crisis. It concerns the possibility of […] →Read more

Manifesto for a human economy

Ronald Coase won a Nobel prize in economics for inventing the idea of transaction costs in his famous paper “The nature of the firm” (1937). He has just announced his desire, with Ning Wang, to found a new journal called “Man and the economy”. Their manifesto, “Saving economics from the economists”, was published in the […] →Read more