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CARL GOMBRICH - BLOG

Higher Education, Interdisciplinarity, and some related things like Expertise and Future of Work

Welcome to my new blog. You can read more about me in the About tab, top left. I'm looking forward to getting back to 'writing and thinking out loud' about Higher Education, Interdisciplinarity and other things that interest me. You can talk to me either here or on my linked Twitter feed.

 

Futuristic Money

My friend, the chemist and economist Peter Bowman, reminds me that money is ‘crystallised trust’. Another friend, the Art Historian Andrew Spira, describes money as ‘a promise’ . That is certainly what it says on the bank notes. And of course a promise and trust in that promise are intimately related. What is a promise that one cannot trust? Just useless words. But this view of money is profoundly immaterial. Ironic then that money in many descriptions is that great lubricant

What makes money?

Our modern economies revolve around money. The health of the economy, in one way or another, is measured in terms of sums of money. When people consider their futures, they think about the money (or lack of it) that will be involved. So what makes money? We’ll leave aside the trivial answer: mints or central banks and the like, and assume that at least those mechanisms for the creation of the material stuff of money are already up and running. Fundamentally then, what makes m

Economics – where are we?

I write as an amateur in economics. By that I mean that no-one has yet paid me for my views on economics, nor do I have any formal qualifications in the subject. But anyone who has been paying attention can see that the whole area of economics is in a strange state at the moment. On the one hand we have brilliant technical people writing papers – mostly in universities, but sometimes in ‘think tanks’ or ‘quangos’ – on something they call Economics; on the other hand most comm

 

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