Ebook Marginal Gains: Monetary Transactions in Atlantic Africa (Lewis Henry Morgan Lecture Series)
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Marginal Gains: Monetary Transactions in Atlantic Africa (Lewis Henry Morgan Lecture Series)
Ebook Marginal Gains: Monetary Transactions in Atlantic Africa (Lewis Henry Morgan Lecture Series)
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From the Inside Flap
In America, almost all the money in circulation passes through financial institutions every day. But in Nigeria's "cash and carry" system, 90 percent of the currency never comes back to a bank after it's issued. What happens when two such radically different economies meet and mingle, as they have for centuries in Atlantic Africa?The answer is a rich diversity of economic practices responsive to both local and global circumstances. In Marginal Gains, Jane I. Guyer explores and explains these often bewildering practices, including trade with coastal capitalism and across indigenous currency zones, and within the modern popular economy. Drawing on a wide range of evidence, Guyer demonstrates that the region shares a coherent, if loosely knit, commercial culture. She shows how that culture actually works in daily practice, addressing both its differing scales of value and the many settings in which it operates, from crisis conditions to ordinary household budgets. The result is a landmark study that reveals not just how popular economic systems work in Africa, but possibly elsewhere in the Third World.
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About the Author
Jane I. Guyer is a professor of anthropology at Johns Hopkins University. She is the author, most recently, of An African Niche Economy: Farming to Feed Ibadan and Money Matters: Instability, Values, and Social Payments in the Modern History of West African Communities.
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Product details
Series: Lewis Henry Morgan Lecture Series (Book 1997)
Paperback: 226 pages
Publisher: University of Chicago Press; 1 edition (March 1, 2004)
Language: English
ISBN-10: 0226311163
ISBN-13: 978-0226311166
Product Dimensions:
6 x 0.6 x 9 inches
Shipping Weight: 14.2 ounces (View shipping rates and policies)
Average Customer Review:
4.4 out of 5 stars
2 customer reviews
Amazon Best Sellers Rank:
#1,200,634 in Books (See Top 100 in Books)
Brilliant book. Very insightful. Opens new vistas in the Polanyi project of comparative economics. Insists pn cultural particularity and intelligibility. Up there with Graeber's work. Only marred by a bit of turgidity in the writing.
what an amazing book! i loved the style of short lectures that were easily disgestible.
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