The devil’s dung? Money as a mechanism of generalized reciprocity in human societies
Published online on May 06, 2026
Abstract
Rationality and Society, Ahead of Print.
St. Francis of Assisi (1181/82-1226) famously called money the devil’s dung, and indeed money is often associated with greed, inequality, and corruption. Here, we argue that money can facilitate the formation of circuits of generalized reciprocity across ...
St. Francis of Assisi (1181/82-1226) famously called money the devil’s dung, and indeed money is often associated with greed, inequality, and corruption. Here, we argue that money can facilitate the formation of circuits of generalized reciprocity across ...