Understanding the psychology of abstract money
- March 14, 2019
- Bill Maurer, anthropologist, via Raconteur, March 14, 2019
Professor Bill Maurer, legal and economic anthropologist at the University of California, Irvine, notes that new technological platforms are socially differentiated and differentiated ways of paying that render the money associated with them similarly multiple. Age, gender, nationality and social class can be differentiators, and each comes with its own habits, codes and users. “Different groups tend to gravitate to different payment technologies,” he explains.
For the full story, please visit https://www.raconteur.net/finance/behavioural-economics-abstract.