Money

Economics, says Lonergan, has ignored the abstract properties of money that were not part of its original design but lie at the heart of money's mysterious power and are the key to understanding its control over us. While economists have based their work on the idea that our relationship to money is rational, Lonergan argues that not all our reactions to it make sense. For instance, for many money creates far more anxiety than circumstances warrant. Lonergan provides a compelling analysis of the tension between money's capacity to assist us in our lives, its propensity to create instability, and its ability to distort our values.