Episodios

  • “Every Dollar Has Its Own Problem:” Navigating Multicurrency Zimbabwe: A conversation with Chris Vasantkumar
    Jun 26 2025
    In the final episode of “Currency Experiments & Value Conversions” Ferda Nur Demirci and Daromir Rudnyckyj discuss the 2023 article “’Every dollar has its own problem’: Discrepant dollars and the social topography of fungibility in multicurrency era Zimbabwe” with its author, Chris Vasantkumar, an anthropologist based at Macquarie University. The discussion addresses Zimbabwe’s complex monetary landscape, particularly during the “multi-currency era” (2009–2019). Vasantkumar explains how people navigated the overlapping currency forms that circulated in the country, including U.S. dollars, bond notes, RTGS balances, and EcoCash, in the context of chronic economic instability and hyperinflation. Vasantkumar challenges assumptions about the fungibility of money, drawing on Zimbabwean experiences to critique dominant theories such as Viviana Zelizer’s notion of “earmarking.” The discussion highlights how different forms of money were materially and symbolically non-interchangeable, creating arbitrage opportunities and shaping social relationships. The wide-ranging conversation also addresses the politics of cashlessness, the affective dimensions of monetary trust, and how divergent conceptions of value can inform a decolonial reorientation of economic anthropology. Chris Vasantkumar is a Senior Lecturer in Anthropology in the School of Communication, Society, & Culture at Macquarie University in Sydney, Australia. He is also the co-convenor of the Future of Money Project, funded by the Social Sciences and Humanities Research Council of Canada. His work has two primary foci. First, since 2018, he has ethnographically investigated the crisis economy in contemporary Zimbabwe, with a focus on the collapse of trust in state currency and its effects on middle-class attitudes toward money, planning, and the future. Vasantkumar’s research interests include broader theoretical approaches to money and exchange. His in-progress book manuscript, Trinkets: Discordances of Value in More-Than-Human Economies, advocates the decolonizing of received settler-mercantile exchange theories, as developed out of his analysis of early encounters between Europeans and the Indigenous peoples of Africa and North America. Podcast Co-Hosts Ferda Nur Demirci, co-host of Currency Experiments & Value Conversions, is a postdoctoral research fellow at the Max Planck Institute for Social Anthropology, working in the Department of Economic Experimentation. Her research explores the intersections of financial inclusion policies, kinship obligations, resource extraction economies, and authoritarian governance, with a particular focus on the cycles of indebtedness affecting working-class families in Turkey. Her work has been published in both English and Turkish in outlets such as Antipode Online, Dialectical Anthropology, and 1+1. She is also a research associate in the Counter Currency Laboratory at the University of Victoria. Daromir Rudnyckyj, co-host of Currency Experiments & Value Conversions is Professor of Anthropology at the University of Victoria, where he serves as Director of the Counter Currency Laboratory. His research addresses money, religion, development, capitalism, finance, and the state. Dr. Rudnyckyj’s current project examines the techno-politics of money, with a focus on experiments in producing complementary monetary forms. His most recent journal articles include “Econography: Approaches to Expert Capitalism,” in Current Anthropology and “The Protestantism of Neoliberalism” in Culture, Theory, & Critique. He is the author of Beyond Debt: Islamic Experiments in Global Finance (Chicago 2019) and Spiritual Economies: Islam, Globalization, and the Afterlife of Development (Cornell 2010), which was awarded a Sharon Stephens Prize by the American Ethnological Society.
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    47 m
  • Gold Matters: Thinking with Gold in Finance and Extraction: A Conversation with Elizabeth Ferry
    May 29 2025
    This podcast discusses Professor Ferry’s book in progress, Gold Matters: Elemental Worldmaking in Finance and Mining. The conversation addresses the enduring significance of gold in both mining and finance, despite its formal detachment from global currency systems since the end of the gold standard, in 1971. Hosted by Daromir Rudnyckyj and Ferda Demirci, the discussion explores how gold is both a powerful symbol and material through which people construct meaning, value, and political relationships. Ferry describes the concept of “elemental world-making” to apprehend how both miners and financial professionals engage materially and symbolically with gold. She distinguishes between “intrinsicists,” who believe gold has inherent value, and “pragmatists,” who view gold’s value as socially constructed. The exchange highlights how anthropology reveals dimensions of finance and extraction often overlooked by economics, such as embodiment, affect, and materiality. Ferry also reflects on the challenges of conducting ethnography in financial contexts and draws connections between gold and newer forms of value, such as cryptocurrency. She argues that the physical properties of gold—its weight, shine, and non-reactivity—continue to shape its role as both a financial hedge and symbolic icon. The episode underscores how gold serves as a lens to examine the entanglement of materiality, abstraction, and power in contemporary capitalism. Elizabeth Ferry is Professor of Anthropology at Brandeis University. Her work includes Not Ours Alone: Patrimony, Value, and Collectivity in Contemporary Mexico (Columbia UP, 2005); Minerals, Collecting, and Value across the U.S.-Mexico Border (2013, Indiana UP); and La Batea (with Stephen Ferry) (2017), which won the 2019 Victor Turner Prize for Ethnographic Writing, among other awards. She is co-editor of Timely Assets: The Politics of Resources and Temporalities (2010) and The Anthropology of Precious Minerals (2019). She is currently completing a co-edited volume, How Transparency Works: Ethnographies of a Global Value, with Filipe Calvão and Matthieu Bolay, and a single-authored book, Gold Matters: Elemental Worldmaking in Finance and Mining. Podcast Co-Hosts Ferda Nur Demirci, co-host of Currency Experiments & Value Conversions, is a postdoctoral research fellow at the Max Planck Institute for Social Anthropology, working in the Department of Economic Experimentation. Her research explores the intersections of financial inclusion policies, kinship obligations, resource extraction economies, and authoritarian governance, with a particular focus on the cycles of indebtedness affecting working-class families in Turkey. Her work has been published in both English and Turkish in outlets such as Antipode Online, Dialectical Anthropology, and 1+1. She is also a research associate in the Counter Currency Laboratory at the University of Victoria. Daromir Rudnyckyj, co-host of Currency Experiments & Value Conversions is Professor of Anthropology at the University of Victoria, where he serves as Director of the Counter Currency Laboratory. His research addresses money, religion, development, capitalism, finance, and the state. Dr. Rudnyckyj’s current project examines the techno-politics of money, with a focus on experiments in producing complementary monetary forms. His most recent journal articles include “Econography: Approaches to Expert Capitalism,” in Current Anthropology and “The Protestantism of Neoliberalism” in Culture, Theory, & Critique. He is the author of Beyond Debt: Islamic Experiments in Global Finance (Chicago 2019) and Spiritual Economies: Islam, Globalization, and the Afterlife of Development (Cornell 2010), which was awarded a Sharon Stephens Prize by the American Ethnological Society.
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    40 m
  • Carbon Banking, Climate Change, and the Future of Money: a conversation with Gustav Peebles
    Apr 21 2025
    This podcast discusses Dr. Peebles’s forthcoming book, The First and Last Bank: Climate Change, Currency, and a New Carbon Commons, co-authored with the artist and illustrator Benjamin Luzzatto. The conversation centers around the book’s groundbreaking proposal: a bank that would enable us to seize carbon from the atmosphere and offer a profound method for addressing climate change. Gustav draws on the anthropological archive to point out how currencies have been based on all manner of objects, from tobacco leaves and salt to gold and collateralized debt obligations. Building on Annette Weiner’s famous argument about the “inalienable possessions,” Gustav points out that the key thing that this assortment of goods shares is a communal belief that such objects can harness and organize economic growth. Gustav describes how atmospheric carbon could be sequestered in the earth by millions of currency users and the communally owned banks they rely on. Dr. Peebles explains how developments in digital currencies and the biosequestration of carbon have, together, made a new and radical intervention in the climate battle possible: a nonproprietary currency backed by sequestered carbon. This new currency could be managed via Wikipedia-style open-source policies that privilege sustainability and equity over endless growth and pollution. Because it is backed by sequestered carbon, the use of the currency would draw atmospheric carbon out of the atmosphere and deposit it back into the ground, following a mirror trajectory of gold during the era of the international gold standard. More information about the book can be found here: https://mitpress.mit.edu/9780262049641/the-first-and-last-bank/ Gustav Peebles is an Associate Professor in the Department of Social Anthropology at Stockholm University. Before that, he taught at The New School in New York City. His publications, including a book entitled, The Euro and Its Rivals, as well as a range of academic and popular articles, track credit, debt, money, and the diverse struggles to regulate and manage these vital economic phenomena throughout human history. Most recently, he has been exploring digital currencies, including work on the Swedish Central Bank’s e-currency proposal, as well as a wilder idea that leverages digital currency as a potential tool for fighting climate change. Timestamps Peebles’ Bio – 2:28 The Core Argument of the Book – 7:08 Why Carbon is the First and the Last Bank? – 11:29 Treasure & Trash Continuum – 14:25 Inalienable Possessions, Banks and Currencies – 16:19 Peebles’ Previous Works – 22:35 Community Currencies – 27:04 In Conversation with “Economics” – 30:37 Local Activism – 34:23 Carbon Banking vs. Crypto Currencies – 38:59 Series Co-Hosts Ferda Nur Demirci, co-host of Currency Experiments & Value Conversions, is a postdoctoral research fellow at the Max Planck Institute for Social Anthropology, working in the Department of Economic Experimentation. Her research explores the intersections of financial inclusion policies, kinship obligations, resource extraction economies, and authoritarian governance, with a particular focus on the cycles of indebtedness affecting working-class families in Turkey. Her work has been published in both English and Turkish in outlets such as Antipode Online, Dialectical Anthropology, and 1+1. She is also a research associate in the Counter Currency Laboratory at the University of Victoria. Daromir Rudnyckyj, co-host of Currency Experiments & Value Conversions is Professor of Anthropology at the University of Victoria, where he serves as Director of the Counter Currency Laboratory. His research addresses money, religion, development, capitalism, finance, and the state. Dr. Rudnyckyj’s current project examines the techno-politics of money, with a focus on experiments in producing complementary References Weiner,
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    41 m
  • Playing with Fables: a Conversation with Huub Brouwer
    Mar 29 2025
    We often do not realize that deep down economics is a battleground of competing anthropologies: implicit or explicit theories of human nature, selfhood and subjectivity, quiet beliefs about how we understand ourselves and our place in the world. In this podcast we bring together researchers from different disciplines that study economic phenomena, systems, agency and behavior, ranging from historians and political philosophers to economic anthropologists and development economists, to scrutinize the protagonist of their discipline: who is the Real Homo Economicus? What kinds of creature are they? What drives their choices and behavior? Are we still talking about the same creature? To get the conversation started we use an experimental method: the Mythlab method. We use stories as a probe into economic thinking and quiet beliefs about the underlying anthropologies. In each episode we give our guest a story and see how they respond to it, and explore assumptions and associations in a playful way. In this fourth and final episode we play with fables, short moralistic tales, often featuring animals, but always addressing a deeper human truth. We talk about The Dog and the Piece of Meat, The Wolf and the Crane, The Hawk and the Nightingale, The Hen with the Golden Eggs, The Cricket and the Ant. What is the moral of these stories? What can animal stories tell us about human nature? And what kind of world is the world of the fable? I try to make sense of these fables with Huub Brouwer. Dr. Huub Brouwer is assistant professor of ethics and political philosophy at Tilburg University. His research is on theories of distributive justice, particularly on desert, responsibility-sensitive egalitarianism, and taxation. Huub is currently carrying out a 4-year research project on philosophy of taxation, funded by the Netherlands Research Council. (https://www.tilburguniversity.edu/nl/medewerkers/h-m-brouwer) Hosted by Dr. Tazuko van Berkel [https://www.universiteitleiden.nl/en/staffmembers/tazuko-van-berkel#tab-1] and Connor McMullen. Edited and mixed by Connor McMullen. Mythlab team: Dr. Erik Bähre, Dr. Aiste Celkyte, Prof. dr. Lisa Herzog, Connor McMullen, Dr. Sara Polak The Mythlab-project is funded by the Dutch Young Academy. The Dutch Young Academy (https://www.dejongeakademie.nl/en/default.aspx) is a platform of fifty inspired academics who conduct research, advise, share knowledge and bring people together, and who do all this while taking a special interest in young scientists and scholars. References: The fables of this episode are taken from ancient fable collections attributed to Aesop, Babrius and Phaedrus.
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    44 m
  • The King Who Ate Himself: a Conversation with Erik Bähre
    Mar 15 2025
    We often do not realize that deep down economics is a battleground of competing anthropologies: implicit or explicit theories of human nature, selfhood and subjectivity, quiet beliefs about how we understand ourselves and our place in the world. In this podcast we bring together researchers from different disciplines that study economic phenomena, systems, agency and behavior, ranging from historians and political philosophers to economic anthropologists and development economists, to scrutinize the protagonist of their discipline: who is the Real Homo Economicus? What kinds of creature are they? What drives their choices and behavior? Are we still talking about the same creature? To get the conversation started we use an experimental method: the Mythlab method. We use stories as a probe into economic thinking and quiet beliefs about the underlying anthropologies. In each episode we give our guest a story and see how they respond to it, and explore assumptions and associations in a playful way. In this third episode we interpret a story about a mythical king who cuts a sacred tree and gets punished with insatiable hunger. The more he eats, the hungrier the king gets. The king turns to devouring his cattle, his estate, everything dear to him—until he ends up eating himself. What does this story mean? What does this story tell us about human nature? I try to make sense of the story with Erik Bähre. Dr. Erik Bähre is an economic anthropologist. He is associate professor at Leiden University with fieldwork experience in South Africa and Brazil. He works among others on money, finance, violence, solidarity, and personhood (https://www.universiteitleiden.nl/en/staffmembers/erik-bahre#tab-1). Hosted by Dr. Tazuko van Berkel [https://www.universiteitleiden.nl/en/staffmembers/tazuko-van-berkel#tab-1] and Connor McMullen. Edited and mixed by Connor McMullen. Mythlab team: Dr. Erik Bähre, Dr. Aiste Celkyte, Prof. dr. Lisa Herzog, Connor McMullen, Dr. Sara Polak The Mythlab-project is funded by the Dutch Young Academy. The Dutch Young Academy (https://www.dejongeakademie.nl/en/default.aspx) is a platform of fifty inspired academics who conduct research, advise, share knowledge and bring people together, and who do all this while taking a special interest in young scientists and scholars. References: The Myth of Erysichthon has come down to us via Callimachus’ Hymn to Demeter (3rd century BCE) and Ovid’s Metamorphoses (8 AD) (https://www.theoi.com/Heros/Erysikhthon.html).
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    38 m
  • Is Talk Cheap? Language, Tourism, and Landscape: A Conversation with Thea Strand
    Jan 1 2025
    Rural speech is often denigrated, but how might it also be valuable? How might rural economies benefit from their linguistic diversity through tourism? In this third and final installment of our “Is Talk Cheap?” series on language and value, Kate and Ariana interview Dr. Thea Strand about a highly valorized dialect of rural Norway that won a national popularity contest and is increasingly being used commercially. Dr. Strand gives us some background on how the political and cultural history of Norway has produced a deep appreciation of dialect diversity and an ethos against language standardization. We talk about how the Valdres dialect is now used commercially for tourists in diverse places, from wayfinding signs on ski trails to advertising car washes at gas stations. Learn the significance of a single vowel in advertising a festival for fermented fish! We discuss hyperlocal language use, language change over time, and why some kinds of linguistic difference are available to use in marketing when others are not. In the last part of the episode, Thea tells us about her new research with Michael Wroblewski on another aspect of this rural economy: the decline of transhumance (the seasonal movement of grazing livestock) among local family farmers. Residents lament the resulting reforestation and their changing landscape alongside their changing dialect, underscoring how people experience economic transformations through landscape and language. Thea Strand is a Senior Lecturer in Anthropology at Loyola University Chicago. Her primary research is sited in rural Valdres, Norway, examining language and political economy, broadly construed. She has studied changes in linguistic structure, value, and ideologies surrounding the distinctive Valdres dialect since the late 2000s. Her current project focuses on the deeply intertwined environmental, cultural, and linguistic effects of tourism development and declining transhumant farming in Valdres’ mountain areas. Co-hosted by Dr. Kathryn Graber [Link] and Ariana Gunderson [Link]. Edited and mixed by Richard Nance. https://econanthro.org/wp-content/uploads/2025/01/TheaStrand.mp3 References from our conversation with Thea Strand: Strand, Thea. 2024. A Winning Dialect: Inventing Linguistic Tradition in Rural Norway. Toronto: University of Toronto Press. Bourdieu, Pierre. “The Economics of Linguistic Exchanges.” Social Science Information 16, no. 6 (1977): 645–68. https://doi.org/10.1177/053901847701600601. Valdres Nature and Culture Park: https://www.valdres.no/ Rakfisk Festival: https://www.rakfisk.no/
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    43 m
  • Is Talk Cheap? Making Palm Oil ‘Sustainable’: A conversation with Montserrat Perez Castro
    Dec 1 2024
    In this episode, Kate and Ariana catch up with Montserrat Pérez Castro in the midst of her fieldwork in Mexico. Transnational food companies and palm oil mills employ sustainability workers to ensure they are ethically sourcing raw materials from farmers using sustainable practices. But what do industry insiders count and communicate as “sustainable,” and what kinds of value does this practice add? Pérez Castro describes her fieldwork and argues for why we need to think of sustainability workers in the palm oil industry as engaging not just in “practices” but in an important form of labor. Along the way, we talk about supply chains, transparency, secrecy, expertise, the meanings people attach to their work (or don’t), the crucial differences between primary/industrial and charismatic commodities, interdisciplinary research, and the work of translation. Montserrat Pérez Castro is a PhD candidate in the Ecology, Evolution, Environment and Society graduate program at Dartmouth College. She is interested in the relationship between desire, capitalism, and ethical-political imagination. Her previous research focused on class relations, affect, food practices, and urbanization. For her dissertation, she examines sustainability labor in the production of value in the palm oil supply chain in Mexico. Her research is at the intersection of economic anthropology, geography, political ecology and science, technology, and society studies. Co-hosted by Dr. Kathryn Graber [Link] and Ariana Gunderson [Link]. Edited and mixed by Richard Nance. References from the conversation: Pérez Castro, Montserrat. 2023. "Plantationocene “On the Ground”." Theorizing the Contemporary, Fieldsights, January 24. https://culanth.org/fieldsights/plantationocene-on-the-ground Graeber, David. 2001. Toward an Anthropological Theory of Value: The False Coin of Our Own Dreams. New York: Palgrave. Sanchez, Andrew. "Transformation and the Satisfaction of Work", Social Analysis 64, 3 (2020): 68-94, https://doi.org/10.3167/sa.2020.640305 Rofel, Lisa and Sylvia J. Yanagisako. 2019. Fabricating Transnational Capitalism: A Collaborative Ethnography of Italian-Chinese Global Fashion. Durham: Duke University Press
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    47 m
  • Is Talk Cheap? Language and Value: A Conversation with Jillian Cavanaugh
    Nov 1 2024
    In this episode, Dr. Kathryn (Kate) Graber and doctoral student Ariana Gunderson interview linguistic anthropologist Jillian Cavanaugh about all things language and value. Much of Dr. Cavanaugh’s research in Bergamo, Italy, summarized here, has been on the political economy of code choice–that is, why people choose the ways of speaking they do, whether to access economic opportunities or to have a language of regional belonging, intimacy, and home. Turning to questions of authenticity and materiality, Dr. Cavanaugh discusses how to approach language not only as an expressive system but also as an embodied, material practice. We talk about how food gains value through the different kinds of linguistic labor that are undertaken in its production and ask whether language and food are analogous semiotic systems (spoiler alert: not quite). Thinking about her current work with small-scale, hyper-local sausage producers, Jillian discusses the roles of individual choice and consumption, and/versus the role of production in the construction of value. At the end, we talk about intersections between linguistic and economic anthropology in Jillian’s role as President-Elect of the Society for Linguistic Anthropology (SLA). Jillian R. Cavanaugh is a linguistic anthropologist whose research, centered in northern Italy, has considered language shift and social transformation, value, language ideologies, materiality, gender, and heritage food. Her current research focuses on heritage food producers and the labor they undertake to make good, safe, and valuable food. She is interested in how people use the semiotic and material resources available to them to make sense of their pasts in order to live in the present and envision their futures. Her publications include Living Memory: The Social Aesthetics of Language in a Northern Italian Town (Wiley-Blackwell 2009) and Language and Materiality: Ethnographic and Theoretical Explorations (Cambridge University Press 2017, co-edited with Shalini Shankar). Her work has been published in American Anthropologist, the Journal of Linguistic Anthropology, and Ethnos, among other venues. She received her PhD in anthropology at New York University and is Professor of Anthropology at Brooklyn College and the Graduate Center CUNY. Co-hosted by Dr. Kathryn Graber [Link] and Ariana Gunderson [Link]. Edited and mixed by Richard Nance. References from our conversation with Jillian Cavanaugh: Cavanaugh, Jillian. 2009. Living Memory: The Social Aesthetics of Language in a Northern Italian Town. Chichester, U.K: Wiley-Blackwell. Bourdieu, Pierre. 1991. "The Economy of Linguistic Exchanges." In Language and Symbolic Power. Cambridge, MA: Harvard University Press. Gal, Susan. 1988. The Political Economy of Code Choice. In Codeswitching: Anthropological and Sociolinguistic Perspectives. Monica Heller, ed. Berlin: Mouton de Gruyter. Pp. 245–264. Cavanaugh, Jillian R. 2023. “Authenticity and Its Perils: Who Is Left Out When Food Is ‘Authentic’?” Gastronomica 23 (1): 28–37. https://doi.org/10.1525/gfc.2023.23.1.28. Cavanaugh, Jillian R., and Shalini Shankar. 2014. “Producing Authenticity in Global Capitalism: Language, Materiality, and Value.” American Anthropologist 116 (1): 51–64. Riley, K. C., & Cavanaugh, J. R. 2017. Tasty Talk, Expressive Food: An Introduction to the Semiotics of Food-and-Language. Semiotic Review 5: The Semiotics of Food and Language. Chumley, Lily Hope, and Nicholas Harkness. 2013. “Introduction: QUALIA.” Anthropological Theory 13(1/2):1–11. Cavanaugh, Jillian R. 2007. “Making Salami, Producing Bergamo: The Transformation of Value.” Ethnos 72(2):149–172. Woolard, Kathryn. 2016. Singular and Plural. Oxford: Oxford University Press. Society for Linguistic Anthropology: https://linguisticanthropology.org/
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    46 m