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The Philosophy of Money (1900; German: Philosophie des Geldes) [1] is a book on economic sociology by German sociologist and social philosopher Georg Simmel. [2] Considered to be the theorist's greatest work, Simmel's book views money as a structuring agent that helps people understand the totality of life.
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For the love of money is the root of all of evil: which while some coveted after, they have erred from the faith, and pierced themselves through with many sorrows. (The full verse is shown but Bold added being the subject of this page.) Another popular text, the New International Version has "For the love of money is a root of all kinds of evil
The velocity of money provides another perspective on money demand.Given the nominal flow of transactions using money, if the interest rate on alternative financial assets is high, people will not want to hold much money relative to the quantity of their transactions—they try to exchange it fast for goods or other financial assets, and money is said to "burn a hole in their pocket" and ...
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Evil is often used to denote profound immorality. [2] Evil has also been described as a supernatural force. [2] Definitions of evil vary, as does the analysis of its motives. [3] However, elements that are commonly associated with evil involve unbalanced behavior involving expediency, selfishness, ignorance, or negligence. [4]