John Searle and Money

[jean-yves beziau]

Publicado há pouco na Logica Universalis:

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Author: André Nascimento Pontes, Department of Philosophy, Federal University of Amazonas, Manaus Amazonas, Brazil

Title: From the Ontology of Money to Monetary Theory - Remarks on Inflation and Interest Rates

Abstract: This paper revolves around the ontology of money. Its objectives include criticizing some traditional approaches by revealing their flaws and limitations, discussing John Searle’s analysis of money’s mode of existence, and applying his analysis to central topics in monetary theory. Searle places his explanation of money within the broader context of an ontology of social reality. He proposes an understanding of money as a social institution based on ten structuring functions, as opposed to the mere three functions traditionally presented in economics textbooks: medium of exchange, store of value, and unit of account. To reveal the potential of Searle’s approach, I draw on some elements of his analysis, especially the notions of status function and deontic powers, which do not appear in the traditional approach of economics textbooks, but allow for an ontological explanation of two important concepts of monetary theory, namely inflation and interest rates.

https://link.springer.com/article/10.1007/s11787-025-00382-6

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Este artigo faz parte de um número especial da LU relacionado ao evento que organizamos o ano passado em Las Vegas:

1st World Congress on  Logic, Chance and Money

University of Nevada, Las Vegas, Nov 16-19, 2024

https://sites.google.com/view/lochamo1

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JYB