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Currency and the Collective Representations of Authority, Nationality, and Value

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  • Georgios Papadopoulos

Mainstream economics has consistently ignored the iconography of currency, describing money ‘just’ as a commodity. The paper is going to investigate the economic and political significance of the representations of authority and nationality in currency describing how these representation support its acceptability. The aim of the analysis is double: to decipher the visual identity of currency and its contribution to the acceptance of money in day-to-day transactions, as well as to discuss the operational principles of the monetary system as they are uncovered in the iconography of money. By answering these questions, the paper is going to trace the theoretical presuppositions and the cultural stereotypes that inform the representation of economic value and national identity as they are articulated in banknotes and coins with a specific emphasis on the European Monetary Union and the recent financial crisis that is still affecting its periphery.

Original languageEnglish
JournalJournal of Cultural Economy
Pages (from-to)521-534
Number of pages14
Publication statusPublished - 2015

    Research areas

  • economics, identity, money, signs, state

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