The Materiality of Monetary Value in Martial’s Epigrams

2021 ◽  
Vol 40 (2) ◽  
pp. 316-342
Author(s):  
Elliott Piros

This paper examines representations of money in the epigrams of Martial. I argue that Martial’s poetics are deeply influenced by some of money’s economic functions, even if many of these functions are approached through networks of amicitia. By engaging with the indeterminacy of what can be called exchange value, Martial identifies an aesthetic dimension that becomes central to his humor. The form of value described by his paradoxical poetics of cash implies a category of matter that is at once sensuous and abstract, autonomous and dependent upon other modes of valuation. I focus on the sensuality of this abstract matter, its failure to become entirely impersonal, and on Martial’s habit of using deictic language to gesture to its presence. Such an aestheticization of monetary value differs from more familiar techniques of using vivid language to flesh out moral or satirical attitudes to wealth or the ways in which it is acquired. It instead approaches the instability of money as an object of inspiration in its own right, one that supports the epigrammatist’s habit of taking up postures throughout his corpus of poems, and of maintaining a degree of detachment between his voice and its pronouncements.

EDIS ◽  
2017 ◽  
Vol 2017 (3) ◽  
Author(s):  
Shelly A. Johnson ◽  
Timm Kroeger ◽  
Josh Horn ◽  
Alison E. Adams ◽  
Damian C. Adams

Animals in Florida provide a variety of benefits to people, from recreation (fishing, hunting, or wildlife viewing) to protection of human life and property (oysters and corals provide reef structures that help protect coasts from erosion and flooding). By measuring the economic value of these benefits, we can assign a monetary value to the habitats that sustain these species and assess the value that is lost when development or other human-based activities degrade animal habitat. This 5-page fact sheet presents the results of a study that assessed the value of protecting five animal species in Florida and showed the economic value of protecting animal habitat.


2019 ◽  
Author(s):  
Joses Kirigia ◽  
Rose Nabi Deborah Karimi Muthuri

<div>A variant of human capital (or net output) analytical framework was applied to monetarily value DALYs lost from 166 diseases and injuries. The monetary value of each of the 166 diseases (or injuries) was obtained through multiplication of the net 2019 GDP per capita for Kenya by the number of DALYs lost from each specific cause. Where net GDP per capita was calculated by subtracting current health expenditure from the GDP per capita. </div><div> </div><p>The DALYs data for the 166 causes were from IHME (Global Burden of Disease Collaborative Network, 2018), GDP per capita data from the International Monetary Fund world economic outlook database (International Monetary Fund, 2019), and the current health expenditure per person data from the WHO Global Health Expenditure Database (World Health Organization, 2019b). A model consisting of fourteen equations was calculated with Excel Software developed by Microsoft (New York).</p><p> </p>


2011 ◽  
Vol 162 (2) ◽  
pp. 27-31
Author(s):  
Daniel Häuptli

Could there be a win-win situation for both pension funds and the Swiss forestry sector? On the one hand, developments in the forestry sector suggest that the Swiss forest presents a new lucrative investment opportunity. If this is so, then pension funds could be particularly interested, as the low correlation between Swiss forest and other classes of investment, and the long investment periods involved are ideal for pension fund portfolios. On the other hand, large investments made by pension funds could mean that existing problems in Swiss forestry, in connection with its fragmented nature, could be more rapidly solved, and the potential for rationalization in the wood value chain could be fully realized. This would in turn make investments in the forest even more profitable. This hypothesis was investigated through a comprehensive literature analysis, yield calculations for private forestry enterprises of over 50 ha made by the Swiss Federal Office for Statistics 2004–2008, and an interview with the investments director of a large Swiss pension fund. Despite the optimistic assumption that the greater efficiency gained by the investment of pension funds into the forestry sector could lead to costs lower by 50% and a 20% increase in profits, the hypothesis must be rejected, because a calculated annual return of only 0.82% is too low for pension funds. The conclusion is that the price for forest land is high, and forest owners are not only interested in the monetary value of holding forest. Other immaterial values influence prices. It is suggested that a greater emphasis on socioscientific studies concerning the link between the price of forest land and the motivation to buy and sell forest could lead to some important findings.


Author(s):  
Linus Blomqvist ◽  
R. David Simpson

This chapter investigates whether the growing enthusiasm for ecosystem services recently expressed by conservation NGOs and international institutions is supported by evidence. Ecosystem services—the benefits humans receive from nature—have become the darlings of conservation on the assumption that the valuation of selected services may justify protecting land. A critical examination of a random sample of monetary valuations for regulating ecosystem services such as pollution treatment, finds that only onethird can be considered reliable, and that only ten percent of monetary value estimates can be transferred to other contexts. This suggests that the overall evidence base for assigning monetary value to nature is limited. Furthermore, diminishing returns, high opportunity costs, and technological substitutes might limit the amount of conservation that can be justified on the basis financial assessments of ecosystem services. As such, this chapter concludes that ecosystem services as a conservation strategy should not be embraced uncritically.


Author(s):  
Timothy D. Taylor

This article is based on an ethnographic study of the independent (indie) rock scene in the east side Los Angeles neighborhood of Echo Park. There is very little money derived from music circulating in this scene (musicians are routinely paid only about $35–40 for a show), and musicians, indie label owners, and others attach symbolic values to certain amounts of money, which are viewed in terms of what they can help the musicians purchase, such as gas for the band’s van. People in the scene also produce and exchange value in a number of ways that aren’t capitalist, from generalized reciprocity to several forms of patronage. This article ultimately argues that scenes such as this are simultaneously maintained and destroyed by capitalism: maintained because capitalism needs a reserve army of those who operate outside of it but destroyed because such scenes are deprived of their ability to reproduce themselves given how little money circulates.


2021 ◽  
Vol 70 (3) ◽  
pp. 665-696
Author(s):  
Alison Xu

AbstractThis article explores a solution to the choice-of-law issues concerning both voluntary and involuntary assignments arising in a domestic forum. The focus is on English private international law rules relating to cross-border assignments. A distinction is made between primary and extended parties as the foundation for choice-of-law analysis. Drawing on insights from the distinction of the use value and exchange value of debts found in economics, this article proposes a new analytical framework for choice-of-law based on a modified choice-of-law theory of interest-analysis.


2013 ◽  
Vol 9 (4) ◽  
pp. 1-19 ◽  
Author(s):  
Silvia Cacho-Elizondo ◽  
Niousha Shahidi ◽  
Vesselina Tossan

Cell phones make it possible to offer coaching services through text/video messages, to support users trying to break addictions. Given that use of such services is still low in France, it is important to have greater understanding of what leads users to adopt them. Therefore, the authors propose and validate an explanatory model for the intention to adopt a mobile coaching service to help people to stop smoking. This article uses the concepts of vicarious innovativeness, social influence, perceived monetary value, perceived enjoyment, and perceived irritation.


Synthese ◽  
2021 ◽  
Author(s):  
Friedrich Christoph Dörge ◽  
Matthias Holweger

AbstractThat certain paper bills have monetary value, that Vladimir Putin is the president of Russia, and that Prince Philip is the husband of Queen Elizabeth II: such facts are commonly called ‘institutional facts’ (IFF). IFF are, by definition, facts that exist by virtue of collective recognition (where collective recognition can be direct or indirect). The standard view or tacit belief is that such facts really exist. In this paper we argue, however, that they really do not—they really are just well-established illusions. We confront realism about IFF with six criteria of existence, three established and three less so but highly intuitive. We argue that they all tell against the existence of IFF. An obvious objection to IFF non-realism is that since people’s behaviour clearly reflects the existence of IFF, denying their existence leaves an explanatory gap. We reject this argument by introducing a variant of the so-called ‘Thomas Theorem,’ which says that when people collectively recognize a fact as existing, they largely behave accordingly, regardless of whether that fact really exists or not.


Water ◽  
2021 ◽  
Vol 13 (2) ◽  
pp. 198
Author(s):  
Igor Gallay ◽  
Branislav Olah ◽  
Zuzana Gallayová ◽  
Tomáš Lepeška

Flood protection is considered one of the crucial regulating ecosystem services due to climate change and extreme weather events. As an ecosystem service, it combines the results of hydrological and ecosystem research and their implementation into land management and/or planning processes including several formally separated economic sectors. As managerial and economic interests often diverge, successful decision-making requires a common denominator in form of monetary valuation of competing trade-offs. In this paper, a methodical approach based on the monetary value of the ecosystem service provided by the ecosystem corresponding to its actual share in flood regulating processes and the value of the property protected by this service was developed and demonstrated based on an example of a medium size mountain basin (290 ha). Hydrological modelling methods (SWAT, HEC-RAS) were applied for assessing the extent of floods with different rainfalls and land uses. The rainfall threshold value that would cause flooding with the current land use but that would be safely drained if the basin was covered completely by forest was estimated. The cost of the flood protection ecosystem service was assessed by the method of non-market monetary value for estimating avoided damage costs of endangered infrastructure and calculated both for the current and hypothetical land use. The results identify areas that are crucial for water retention and that deserve greater attention in management. In addition, the monetary valuation of flood protection provided by the current but also by hypothetical land uses enables competent and well-formulated decision-making processes.


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