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Money: Lure, Lore and Literature.


Money: Lure, Lore and Literature is the product of a cross-disciplinary conference held at Hofstra University Hofstra University (hŏf`strə, hôf`–), at Hempstead, N.Y.; coeducational. Founded as a division of New York Univ. in 1935, it became independent in 1940, and its name was changed to Hofstra College.  to examine the role of money in literature. The objective of the book is to connect what seem to John Louis DiGaetani John Louis DiGaetani is a Professor of English at Hofstra University in Hempstead, New York.

He received his BA from the University of Illinois, his MA from Northern Illinois University, and his Ph.D. from the University of Wisconsin-Madison.
, editor of the volume and a professor of English, to be irreconcilable opposites: money and art. He asserts the former exists only in the realm of the concrete, while the latter inhabits the realm of dream and fantasy. DiGaetani argues that money is a "very slippery and complex subject . . . a term very hard even to define." The confusion arises because the definition of money depends on the context in which it is used. DiGaetani's conundrum conundrum A problem with no satisfactory solution; a dilemma  is solved by recognizing that the authors in this collection, most of whom are not economists, use the term money to mean variously medium of exchange, currency, income and wealth. The incongruity in·con·gru·i·ty  
n. pl. in·con·gru·i·ties
1. Lack of congruence.

2. The state or quality of being incongruous.

3. Something incongruous.

Noun 1.
 between money and art disappears if we adopt this broader, though questionable, definition of money. As this book demonstrates, money broadly defined provides a fertile ground for artists as well as economists.

These definitional criticisms aside, the assembled essays ably illustrate money as a theme in literature and provide some interesting comments on money in culture and history. The twenty-three papers are presented in five sections: Money, Language and Culture; Money and History; Money and Russian and American Literature American literature, literature in English produced in what is now the United States of America. Colonial Literature


American writing began with the work of English adventurers and colonists in the New World chiefly for the benefit of readers in
; Money and French Literature; and Money and English Literature English literature, literature written in English since c.1450 by the inhabitants of the British Isles; it was during the 15th cent. that the English language acquired much of its modern form. .

The first section includes the most diverse group of essays. This section opens with Robert Leonard's discussion of the language used to describe money, e.g., dollars, pounds, shillings. The author traces names through time and across languages. Michael J. Haupert's essay provides an overview of money as a medium of exchange with an excellent nontechnical discussion of the concept of prior probability prior probability,
n the extent of belief held by a patient and practitioner in the ability of a specific therapeutic approach to produce a positive outcome before treatment begins.
 of acceptance. Richard Doty's contribution describes the activities of counterfeiters and the efforts of governments to protect the value of coins and currency. Other papers discuss money as a motivator, the money trail associated with the illegal drug market, and the creation of wealth.

Essays in the second section focus on three historical events: First, Clifton Potter examines the use of coins bearing the visage of Elizabeth I Elizabeth I, queen of England
Elizabeth I, 1533–1603, queen of England (1558–1603). Early Life


The daughter of Henry VIII and Anne Boleyn, she was declared illegitimate just before the execution of her mother in 1536, but in
 as a tool to reestablish confidence in her government. Thomas Luckett then examines the consequences of the shortage of money during the Stamped-Paper Revolt. Finally, Andrew Economopoulos explores the ability of bank customers to distinguish between "good" banks and "bad" banks by using evidence from the antebellum banking market, during which there were significant differences between banks, an absence of banking insurance, less regulatory oversight and frequent failures.

The final three sections of the book primarily examine the theme of money in the literature of specific authors. Some of these essays are less accessible to readers not familiar with the specific works discussed. Of these fourteen essays, two provided the most interesting reading. In "The Ultimate Seduction Seduction
See also Flirtatiousness.

Selfishness (See CONCEIT, STINGINESS.)

Armida

modern Circe; sorceress who seduces Rinaldo. [Ital. Lit.: Jerusalem Delivered]

Aurelius Dorigen’s

nobleminded would-be seducer.
: Money and French Literature," Alex Szogyi traces the history of money as a theme in French theater from the seventeenth to the twentieth century. In this genre, money plays varied roles through time and attitudes toward money change. Szorgyi suggests that the financier Godeau for whom all the characters of Balzac's Mercadet ou le faiseur are waiting may be the inspiration for Beckett's play. Vanessa Dickerson examines money in the works of nineteenth century women writers in "Feminine Transactions: Money and Nineteenth-Century British Women Writers." Women of this period had few financial property rights; their husbands controlled their incomes and their wealth. In order to survive, some of the authors discussed by Dickerson as well as the characters challenged their traditional role. Dickerson's discussion hints at the issues that later would become the foundation of the women's movement women's movement: see feminism; woman suffrage.
women's movement

Diverse social movement, largely based in the U.S., seeking equal rights and opportunities for women in their economic activities, personal lives, and politics.
, such as comparable pay, inheritance rights and laws governing child custody The care, control, and maintenance of a child, which a court may award to one of the parents following a Divorce or separation proceeding.

Under most circumstances, state laws provide that biological parents make all decisions that are involved in rearing their
.

Gail Heyne Hafer Lindenwood College
COPYRIGHT 1996 Southern Economic Association
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1996, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Author:Hafer, Gail Heyne
Publication:Southern Economic Journal
Article Type:Book Review
Date:Jan 1, 1996
Words:635
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