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   Book Info

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Confidence Games: Money and Markets in a World without Redemption (Religion and Postmodernism Series)  
Author: Mark C. Taylor
ISBN: 0226791661
Format: Handover
Publish Date: June, 2005
 
     
     
   Book Review

Book Description
Awash in a sea of data that seems to have no meaning and bombarded by images and sounds transmitted from around the globe 24/7, people are no longer sure what is real and what is fake. Artists recycle ads in their paintings and businesses use images of artists in their ads; politicians mount campaigns based on hit films; and bankers make billions trading incomprehensible financial products backed by nothing more than abstract figures and signs.

In Confidence Games, Mark C. Taylor considers the implications of these developments for our digital and increasingly virtual economy. According to Taylor, money and markets do not exist in a vacuum but grow in a profoundly cultural medium, reflecting and in turn shaping their world. To understand the recent changes in our economy, it is not enough to analyze the impact of politics and technology--one must consider the influence of art, philosophy, and religion as well.

Bringing John Calvin, G. W. F. Hegel, and Adam Smith to Wall Street by way of Las Vegas, Taylor first explores the historical and psychological origins of money, the importance of religious beliefs and practices for the emergence of markets, and the unexpected role of religion and art in the classical understanding of economics. He then moves to an account of economic developments during the past four decades, exploring the dawn of our new information age, the growing virtuality of money and markets, and the complexity of the networks by which monetary value is now negotiated.

Returning full circle to a version of the market first proposed by Adam Smith when he used theology and aesthetics to rethink economics, Confidence Games closes with a plea for a conception of life that embraces uncertainty and insecurity as signs of the openness of the future. Like religion and economics, life is a confidence game in which the challenge is not to find redemption but to learn to live without it.



About the Author
Mark C. Taylor is the Cluett Professor of Humanities at Williams College and visiting Professor of Architecture and Religion at Columbia University. His numerous books include most recently Grave Matters; About Religion: Economies of Faith in Virtual Culture; and The Moment of Complexity: Emerging Network Culture; the latter two published by the University of Chicago Press. He is also the cofounder of the Global Education Network (GEN.com).






Confidence Games: Money and Markets in a World without Redemption (Religion and Postmodernism Series)

FROM THE PUBLISHER

"In Confidence Games, Mark C. Taylor extends the philosophy of culture that he has been developing for more than three decades to consider the implications of these phenomena for our digital and increasingly virtual economy. According to Taylor, money and markets do not exist in a vacuum but grow in a profoundly cultural medium, reflecting and in turn shaping their world. To understand the recent changes in our economy, therefore, it is not enough to analyze the impact of politics and technology - one must consider the influence of art, philosophy, and religion on markets as well." Bringing John Calvin, Hegel and Adam Smith to Wall Street by way of Las Vegas, Taylor first explores the historical and psychological origins of money, the importance of religious beliefs and practices for the emergence of markets, and the unexpected role of religion and art in the classical understanding of economics. He then moves to an account of economic developments during the past four decades, exploring the dawn of our new information age, the growing virtuality of money and markets, and the complexity of the networks by which monetary value is now negotiated.

     



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