Tag Archives: Calculo

Financial Practices on “the Borderlands” (La Línea) in Times of Crisis

[Nuevo artículo de Magdalena Villarreal y Lya Niño: “Financial Practices on “the Borderlands” (La Línea) in Times of Crisis” en  Human Organization]

“Financial Practices on “the Borderlands” (La Línea) in Times of Crisis”

Magdalena Villarreal & Lya Niño


Financial practices are not only about money. This paper discusses how people living and working in the Mexico/United States borderlands weave their economic lives by combining, associating, and disassociating formal and “informal” currencies. We base our analysis on transactions carried out by women who commute regularly between the twin cities of Mexicali and Calexico, detailing their financial practices; the frameworks of calculation they employ; and the social, cultural, and financial mechanisms they and their families use to cope with their daily lives. These include the use of monetary and non-monetary calculations and resources, different types of indebtedness and forms of reciprocity. Such findings reveal mistakes in the tenets upon which much anti-poverty and financial aid programs are based. A focus on people’s use of particular calculations, resources, and social relations will help substantiate better alternatives that can be implemented in supporting their economies. Continue reading

On valuing networks and dissonance. An interview with David Stark

David Stark is Arthur Lehman Professor of Sociology and International Affairs at Columbia University where he directs the Center on Organizational Innovation. His most recent book, The Sense of Dissonance: Accounts of Worth in Economic Life, was published by Princeton University Press in 2009. In this interview, we talked about epistemology, economic sociology, music and dissonance at the European University Institute, where David spent some time as Fernand Braudel Fellow in May 2012. Here I reproduce some highlights of that conversation. Continue reading