May 2022 | Volume 23 No. 2
The myths, realities and future of money
Money is shrouded in two myths – that it is a creation of markets, not the state, and that people use it in rational ways. HKU scholars have been poking holes in these ideas, focussing on our psychological and social relationships with money and money’s role in the Russian Revolution and the emergence of modern China. At the same time, they are giving consideration to the contradictory promises of digital currency, which could both free us from government oversight and empower greater oversight.