Abstract
Money is a social relation. Like the meaning of a word, or the proper form of a ritual, it exists as part of a system of behaviour shared by a group of people. Though it is the joint creation of a whole society, money is external to any particular individual, a reality as unyielding to an individual’s will as any natural phenomenon.
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© 1989 Palgrave Macmillan, a division of Macmillan Publishers Limited
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Foley, D. (1989). Money in Economic Activity. In: Eatwell, J., Milgate, M., Newman, P. (eds) Money. The New Palgrave. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-19804-7_30
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DOI: https://doi.org/10.1007/978-1-349-19804-7_30
Publisher Name: Palgrave Macmillan, London
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Online ISBN: 978-1-349-19804-7
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