Against Money

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A01=Arjun Jayadev
A01=J. W. Mason
Author_Arjun Jayadev
Author_J. W. Mason
banks
book
borrowing
capital
Category=KCA
Category=KCBM
Category=KCZ
central
debt
Economics
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eq_business-finance-law
eq_isMigrated=1
eq_isMigrated=2
eq_new_release
eq_nobargain
eq_non-fiction
GDP
inflation
interest
Keynesian
liquidity
Marx
nonmonetary
rates
scarcity

Product details

  • ISBN 9780226842530
  • Weight: 567g
  • Dimensions: 152 x 229mm
  • Publication Date: 05 May 2026
  • Publisher: The University of Chicago Press
  • Publication City/Country: US
  • Product Form: Hardback
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A powerful deconstruction of humanity’s most influential invention, from the acclaimed economists J. W. Mason and Arjun Jayadev.

Money is everywhere in our daily lives. It lurks in the swipe of a card at the grocery store, in looming student-loan debts, in the prices of things we want, and in our subconscious navigation of the modern world. Money is an invisible convenience that saves us, as a society, the hassle of bartering for goods and services—a reflection, in our pockets and on our phones, of the hard facts of scarcity and desire. Or is it something more?

In this revelatory book, economists J. W. Mason and Arjun Jayadev explain how and why money is so deeply misunderstood by the world it dominates—as well as the dangerous social implications of this misunderstanding. Against Money tackles the most dearly held “truths” of economics, arguing that the world of money has never been an impartial representation of the world of things. Instead, its existence in different forms—debt, capital, liquidity, and interest—increasingly shapes events in the real world rather than just reflecting them. Sometimes money enables new forms of cooperation; more oftenit facilitates domination. Human existence is not just facilitated by money but also governed by it.

In the tradition of works by Thomas Piketty and David Graeber, Against Money is an erudite, disruptive exposé of the illusions and tyrannies of money. Mason and Jayadev present a radically different way of thinking about money—imagining a hopeful future in which it no longer dictates the possibilities of our collective existence.

J. W. Mason is associate professor of economics at John Jay College, City University of New York. He is also a fellow at the Groundwork Collective.

Arjun Jayadev is professor of economics and director of the Centre for the Study of the Indian Economy at Azim Premji University in India.

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