The New Psychology of Money
Psychology Press – 2014 – 280 pages
The New Psychology of Money is an accessible and engrossing analysis of our psychological relationship to money in all its forms.
Comprehensive and insightful, Adrian Furnham explores the role that money plays in a range of contexts, from the family to the high street, and asks whether the relationship is always a healthy one. Discussing how money influences what we think, what we say, and how we behave in a range of situations, the book places the dynamics of high finance and credit card culture in context with traditional attitudes towards wealth across a range of cultures, as well as how the concept of money has developed historically.
The book is split into four sections:
Radically updated from its original publication in 1998, The New Psychology of Money is a timely and fascinating book on the psychological impact of an aspect of daily life we generally take for granted. It will be of interest to all students of psychology, economics and business and management, but also anyone who takes an interest in the world around them.
The proposal for a New Psychology of Money looks as if it would have a stronger focus on money per se, and I would welcome that. Furnham has continued to publish a lot in the area, so will be able to draw on a deeper knowledge now than 14 years ago. So I think on balance that its publication will be welcomed.
Paul Webley, SOAS, UCL, UK
It will be on the reading list for my final year unit : also useful for those interested in applied psychology generally.
Alan Lewis, University of Bath, UK
The current edtion includes both psychological theories, but also sociological, anthropological and historical perspectives. The addition of behavioural economics, and pricing psychology in particular is likely to strike a cord with the reader. Unlike other works on the psychology of money, the current book approaches the topic from an interdisciplinary perspective, which makes it fairly unique, and its message more cultivated
Gorkan Ahmetoglu, Goldsmiths, UK
The Psychology of Money. Money Today. Different approaches to the topic of Money. Money and Happiness. Money Attitudes, Beliefs and behaviours. Understanding the Economic World. Economic Socialisation and good parenting. Sex Differences, Money and the Family. Money Madness: Money and Mental Health. Money and Motivation in the Workplace. Behavioural economics. Persuasion, Pricing and Money.
Adrian Furnham is Professor of Psychology at University College London. He has lectured widely abroad and held scholarships and visiting professorships at, amongst others, the University of New South Wales, the University of the West Indies, the University of Hong Kong and the University of KwaZulu-Natal. He has also been a Visiting Professor of Management at Henley Management College. He has recently been made Adjunct Professor of Management at the The Norwegian School of Management.