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The Psychology of Money

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As a researcher in the field of economic psychology, I am impressed by Furnham and Argyle's depth of knowledge in this area. Most of the research reported in this book is European in perspective, but the European's have always outpaced American economists and psychologists in this field. I am especially pleased to report that the authors have become aware that we poor American scholoars do exist and personally, I am estatic that they cite several of the research articles that I have written in the last five years. Those interested in the cross cultural study of money in this age of a global economy should read this book very closely to discover the differences and similarities in the human mind when it comes to thoughts about money. It is my hope that this book has many readers and that it creates more practical and academic perspsectives on the study of the mind and money around the world.

The topic of this book is of interest to me but the vast majority of the material has quite a British slant to it. The author makes some very good points..one being that we have developed many intuitive programs to help children learn money responsibilities but unlike other areas of development have done no research to see which kinds of parent teaching methods are most effective. The writing is broad in spectrum but I must admit I found my interest waning with the studies of pocket money in British children. Also I felt some of the material was a bit dated but I must give them credit for producing a well researched book on the topic. Now if only some US psychologists would write a comprehensive review of the topic. Dr. Mary Gresham Atlanta Ga