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Frozen Desire (Magill’s Literary Annual 1991-2005)

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Although money is an integral part of life for many people, few have given much thought to just what money is. Even in academic contexts, the matter receives little attention—accounting courses take money as a given, and economics courses typically devote a one-hour lecture or less to a recitation of money’s functions as a medium of exchange, store of value, and unit of account. Because of its vital role in human progress, in political as well as economic realms, it seems as though money should have deeper meanings. James Buchan states that he set out to discover such meanings;...

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