The love of mon…

The love of money as a possession — as distinguished from the love of money as a means to the enjoyments and realities of life — will be recognised for what it is, a somewhat disgusting morbidity, one of those semi-criminal, semi-pathological propensities which one hands over with a shudder to the specialists in mental disease. – John Maynard Keynes

Why does money try to be so objective?  It values units by demand, yet a products demand doesn’t take issue with morality, subjective value, or personal beliefs. Sure, we each “value” items personally, but the market should do it for us.  Should a dollar price even be the quantifier of value? Why not an alternate unit that shifts for each person. There will be a market cost, but if that cost is above our alternative unit, then its not worth our money. Our obsession with money is not inherently pathological – our relationship with it, however, must be called into question.


About Cooper Katz McKim

I'm a jazz pianist, vegetarian, runner who goes to Tufts University. I'm partial to discussion of the environment and of economics.
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