Markets are artifacts of language �so Douglas R. Holmes argues in this deeply researched look at central banks and the people who run them. Working at the intersection of anthropology, linguistics, and economics, he shows how central bankers have been engaging in communicative experiments that predate the financial crisis and continue to be refined amid its unfolding turmoil �experiments that do not merely describe the economy, but actually create its distinctive features. Holmes examines the New York District Branch of the Federal Reserve, the European Central Bank, Deutsche Bundesbank, and the Bank of England, among others, and shows how officials there have created a new monetary regime that relies on collaboration with the public to achieve the ends of monetary policy. Central bankers, Holmes argues, have shifted the conceptual anchor of monetary affairs away from standards such as gold or fixed exchange rates and toward an evolving relationship with the public, one rooted in sentiments and expectations. Going behind closed doors to reveal the intellectual world of central banks, Economy of Words offers provocative new insights into the way our economic circumstances are conceptualized and ultimately managed -- Provided by Publisher

upload/newsarch_ebooks_2025_10/2018/11/18/022608762X.pdf

upload/motw_shc_2025_10/shc/Economy of Words_ Communicative Imperative - Douglas R. Holmes.pdf

motw/Economy of Words_ Communicative Imperative - Douglas R. Holmes.pdf

Douglas R. Holmes

Finance, Language

United States, United States of America

Chicago, 2014

Chicago, 2013

1, 20131209

producers:
Acrobat Distiller 10.1.7 (Macintosh)

Memory of the World Librarian: Charles Harsdorffer

Memory of the World Librarian: marcell mars

Memory of the World Librarian: Dorothy Porter

Memory of the World Librarian: George Luis Bataille

Markets are artifacts of language—so Douglas R. Holmes argues in this deeply researched look at central banks and the people who run them. Working at the intersection of anthropology, linguistics, and economics, he shows how central bankers have been engaging in communicative experiments that predate the financial crisis and continue to be refined amid its unfolding turmoil—experiments that do not merely describe the economy, but actually create its distinctive features. Holmes examines the New York District Branch of the Federal Reserve, the European Central Bank, Deutsche Bundesbank, and the Bank of England, among others, and shows how officials there have created a new monetary regime that relies on collaboration with the public to achieve the ends of monetary policy. Central bankers, Holmes argues, have shifted the conceptual anchor of monetary affairs away from standards such as gold or fixed exchange rates and toward an evolving relationship with the public, one rooted in sentiments and expectations. Going behind closed doors to reveal the intellectual world of central banks,Economy of Words offers provocative new insights into the way our economic circumstances are conceptualized and ultimately managed.
Contents 8
Preface: Backstories 10
Chapter 1. Creating a Monetary Regime 16
Chapter 2. Communicative Imperatives 24
Chapter 3. Markets Are a Function of Language 36
Chapter 4. Apprehensions 54
Chapter 5. Kultur 69
Chapter 6. Temporality 83
Chapter 7. Simulations 99
Chapter 8. Inflationary Tempest 117
Chapter 9. Liquidity-Trap Economics 136
Chapter 10. The Overheard Conversation 151
Chapter 11. Intelligence 174
Chapter 12. Representational Labor 196
Chapter 13. Manifesto for a Public Currency 209
Chapter 14. Totality of Promises 230
Notes 234
References 248
Index 274

2025-10-27