Cultural Cortical Recycling Hypothesis Applied to Money
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The cultural cortical hypothesis states that neural mechanisms, which were used in evolutionarily ancient environments for the recognition of natural visual categories like faces and food items, have now been recycled for recognition of more recent cultural artifacts, like money.
Money is a recent institution – circa the seventh century BC, in Lydia for its apparition as coins (Kagan 1982; Pavlek et al. 2019) – fit to facilitate anonymous and out of group transactions. In shaping such transactions, money performs the function of shaping relationships with our conspecifics and, in turn, our social environments. But despite the ubiquity of money and economic institutions, it is evolutionarily ancient psychological traits like altruism, reciprocity, and cooperation which are most widely studied, both conceptually and empirically, to understand human social institutions. Little knowledge...