Philosophy of Money Essay -- Economics Science Papers

Philosophy of MoneyThis article is an attempt to sketch a philosophical view of money as a social phenomenon. I cross-file that the way to assure the substance of money is to analyze its meaning as a medium of exchange in connection with its meaning as a finding of exchange, thereby providing an investigation of its social value. This glide slope has been use by many of the great philosophers and economists of the past, but not today. Modern economical science is a policy oriented theoretical discipline and concentrates its efforts on resolving power practical tasks. I hope to contribute a philosophical approach to economic research. Money is a reality, a permanent feature of our familiar lives. It gives our lives a finical rhythm, a particular charm, a particular perception of the world and our place in it.Money creates problems when we do not have it, and yet more problems when we do have it. But it is only(prenominal) an illusion that we atomic number 18 in find of our money in veritable fact we do not notice how subtly and intensively it exercises control everyplace us.Money makes us both master and slave. Our power over money is real only inasmuch as we are able to understand its power over us.Man has sought to understand the essence of money for many centuries. Philosophers and economists, statesmen, writers, even poets have written about money. (1) Money has been lauded and cursed, it has been envisage of and disdained. What is money - good or evil? It haves stability and instability and makes bulk looking for and running away from it. Money is capable of creating and destroying, of uniting and disuniting. It makes passel partners and rivals and can influence the fate of individuals and whole nations. But what does money bring - freedom or depende... ...(13) The ideal purpose of money, as well as of the law, is to be a measure of things without being measured itself, a purpose that can be realized fully only by an ageless development. (G.Simmel. The Philosophy of Money/ Ed. by D.Frisby.- L., N.Y. Routledge. 1995, p.511)(14) Exchange is here tough in its broadest sense as the alienation of all that man gives to friendship and the appropriation of all that he receives from society.(15) G.Simmel. The Philosophy of Money./ Ed. By D.Frisby.- L.., N.Y. Routledge, 1995(16) We agree that original theoretical research in economics cannot be effective without philosophy. What are the prospects for bridging disciplinary boundaries and for strengthening the collaboration between economists and philosophers? (D.Hausman.Essays on philosophy and economic methodology.-Cambridge University Press.1992, p.230)