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Preface

Published online by Cambridge University Press:  05 July 2014

Jocelyn Pixley
Affiliation:
University of New South Wales, Sydney
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Summary

How i created the precise idea of Emotions in Finance is the only event I cannot recall. My background in economic sociology led to some useful discoveries about the finance world. My work defending full employment and social policy was a bore to my postmodern colleagues and beneath contempt to neo-classical economists. From 1996, Australia's new right-wing government stifled policy debates: instead of decent employment we were to join a mainly Anglo-American society of shareholder capitalists; our compulsory superannuation must offer ‘choice’. Globalisation, by 1997, had become a fashionable term, but I was struck by the IMF's treatment of our neighbour Indonesia: brutal yet totally incompetent. Meantime, I was reading the work of two sociologists, Jack Barbalet's on emotions and Geoff Ingham's on money as a social relation. Both struck a chord just as the dot.com boom was becoming insane. I am old enough to have experienced Australia's ludicrous mining boom. The scrip of Poseidon and Minsec shares bought by my former husband became pretty gift wrapping in 1971, we joked in that carefree time of jobs and freedom. My parents were of the cautious generation. To my mother, a mortgage was OK, better was paying it off. My father was a ‘managing director’, not a sainted CEO of today. Each had ‘blue chip’ share portfolios and we lived comfortably.

Type
Chapter
Information
Emotions in Finance
Distrust and Uncertainty in Global Markets
, pp. xiii - xiv
Publisher: Cambridge University Press
Print publication year: 2004

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  • Preface
  • Jocelyn Pixley, University of New South Wales, Sydney
  • Book: Emotions in Finance
  • Online publication: 05 July 2014
  • Chapter DOI: https://doi.org/10.1017/CBO9781139195041.001
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  • Preface
  • Jocelyn Pixley, University of New South Wales, Sydney
  • Book: Emotions in Finance
  • Online publication: 05 July 2014
  • Chapter DOI: https://doi.org/10.1017/CBO9781139195041.001
Available formats
×

Save book to Google Drive

To save content items to your account, please confirm that you agree to abide by our usage policies. If this is the first time you use this feature, you will be asked to authorise Cambridge Core to connect with your account. Find out more about saving content to Google Drive.

  • Preface
  • Jocelyn Pixley, University of New South Wales, Sydney
  • Book: Emotions in Finance
  • Online publication: 05 July 2014
  • Chapter DOI: https://doi.org/10.1017/CBO9781139195041.001
Available formats
×