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Hne yorku

09/01/2021 Client: saad24vbs Deadline: 10 Days

$ Making Money $


Professor David Koffman


koffman@yorku.ca


Today’s Session:


About me


Mini-Lecture:


Do I Make Money or Does Money Make Me?


Go Over the Syllabus


Turn to the person next to you and discuss:


Do we live in a rich world


or a poor world?


“Rich” and “Poor” are also metaphors:


Poor: without, low quality, substandard, deficient, deserving of pity (poor Jack broke his arm). from Middle English Pauper


Rich: abundance (of wealth, but also immaterial possessions or qualities), often power, rare, prized, valuable, deep, warm, full, nourishing, good or large quantity or quality, from Old English and Germanic: powerful, wealthy.


TURN OFF YOUR PHONES


1. About Me.


My background


This course


My early memories about $


2. Do I make Money or Does Money Make Me?


People are shaped by ideas about money:


From childhood


From culture & society


We are far from perfectly rational about money


Money is personal, intensely intimate, as well as abstract


Traditional Definition of $


medium of exchange


unit of account


store of value


This describes function of money, not what it is. It doesn’t account for interpretation of meaning


To the basic definition, we’ll add (#4):


Money is a symbol of value:


Represents something else


Abstraction from the thing that is represents


Value is importance, worth


Your readings on “Moneygrams”


deeply subconscious scripts about money and the world, your relationship to it…


and the impact of these scripts on your adult behavior:


A psychological study based on over 500 people doing 2 interviews, one on childhood memories of parental beliefs, a second on money pathologies.


Findings: chief factor was about “money secrecy”:


the less your parents told you about it – what they earned, if they were in debt, etc., the more likely you are to exhibit a money pathology in adulthood.


Curiously: for women, higher family secrecy, more likely to compensate with hoarding.


In the mind, money as:


report card on life (not unlike grades)


measure of your self-worth as a person


tool for exercising power over others


source of safety


site of respectability: how much they have, whether it’s earned or inherited, etc..


3 Money Disorders


1. Money Avoidance Disorders


Financial Denial


Financial Rejection


Overspending


Excessive Risk Aversion


2. Money-Worshiping Disorders


Hoarding


Compulsive Buying


Pathological Gambling


Workaholism


3. Relational Money Disorders


Financial Infidelity


Financial Enabling


Financial Incest


Do you have a “money disorder”?


www.YourMentalWealth.com


use code: mind over money


The Constituencies of Identity:


Class


Ethnicity


Religion


Gender


Age


SYLLBUS


$


Your TAs, Tutorials. Starting this afternoon


Basic Argument of the Course:


See money as something alive, changing, adapting, being born, dying, used by humans.


Money shapes all aspects of our lives.


Shapes our relationships


Money shapes all aspects of our societies.


MONEY IS NOT A SINGLE “THING”


Aims of the Course:


Intellectual growth


Skill development


Acclimate to University life


Tutorials:


Thursdays 2:30 – 3:30




1. Kevin Guertin MC 101 kguertin@yorku.ca 4 – 5pm, Vari Hall 2187


2. Golaleh Pashmforoosh FC 202 golaleh@yorku.ca 12:40-1:40pm, Vari Hall 2195


3. Jason Chartrand: FC 114 jason127@yorku.ca 1 – 2pm, Vari Hall 2187


4. Patrice Allen: R S801 pallen10@yorku.ca 12:30-1:30pm, 321 York Lanes.


5. Chris Vogel: VC 107A cdvogel@yorku.ca 1 - 2pm, Vari Hall 2187


6. Alex Hughes: TEL1004 hughesa@yorku.ca 4 – 5pm, Vari Hall 2195


Thursdays 5:30 – 6:50:


7. Kevin Guertin: R S801 kguertin@yorku.ca 4 – 5 pm, Vari Hall 2187


8. Golaleh Pashmforoosh: HNE 104 golaleh@yorku.ca 12:40-1:40, Vari Hall 2195


9. Jason Chartrand: MC101 jason127@yorku.ca 1 – 2pm, Vari Hall 2187


10. Patrice Allen: HNE B11 pallen10@yorku.ca 12:30-1:30pm, 321 York Lanes.


11. Chris Vogel: TEL 0011 cdvogel@yorku.ca 1 - 2pm, Vari Hall 2187


12. Alex Hughes: VH 3005 hughesa@yorku.ca 4 – 5pm, Vari Hall 2195

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