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In this exciting new volume from the Society for Economic Anthropology, Cynthia Werner and Duran Bell bring together a group of distinguished anthropologists and economists to discuss the complex ways in which different cultures imbue material objects with symbolic qualities whose value cannot be reduced to material or monetary equivalents. Objects with sacred or symbolic qualities are valued quite differently than mundane objects, and the contributors to this volume set out to unravel how and why. In the first of three sections, the authors consider the extent to which sacred objects can or cannot be exchanged between individuals (e.g., ancestral objects, land, dreaming stories). In the next section, contributors discuss the value and power of markets, money, and credit. They consider theoretical models for understanding money transactions, competing currencies, and the power of credit among marginalized groups around the globe. The last section examines the ways in which contemporary people bestow symbolic value on some objects (e.g., family heirlooms, pre-Columbian artifacts, fashion goods) and finally how some individuals themselves are valued in monetary and symbolic ways. With its emphasis on the interplay of cultural and economic values, this volume will be a vital resource for economists and economic anthropologists. Published in cooperation with the Society for Economic Anthropology. Visit their web page.
This new volume from the Society for Economic Anthropology examines the unique contributions of anthropologists to general economic theory. Editor Jean Ensminger and other contributors challenge our understanding of human economies in the expanding global systems of interaction, with models and analyses from cross-cultural research. They examine a broad range of theoretical concerns from the new institutionalism, debates about wealth, exchange, and the evolution of social institutions, the relationship between small producers and the wider world, the role of commodity change and the formal/informal sector, and the role of big theory. The book will be a valuable resource for anthropologists, economists, economic historians, political economists, and economic development specialists. Published in cooperation with the Society for Economic Anthropology. Visit their web page.
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