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Keeping up with the Joneses: The Desire of the Desire for money

Published online by Cambridge University Press:  05 April 2006

Paul Jorion
Paul Jorion*
Affiliation:
Interdepartmental Program in Human Complex Systems, University of California at Los Angeles, Los Angeles, CA90095http://pauljorion.com
*
pauljorion@ucla.edu
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Abstract

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The biological basis of money lies in a three-term relationship between one subject and some others, with money acting as a mediator. The drive to acquire money is a special case of a desire for recognition. What is aimed at by subjects is their desire for the desire of some others: the former derive satisfaction from representing to themselves the admiration, or envy, of these others. This raises reproductive advantage.

Type
Open Peer Commentary
Information
Behavioral and Brain Sciences , Volume 29 , Issue 2 , April 2006 , pp. 187 - 188
Copyright
Copyright © Cambridge University Press 2006