LEADER 00000nam 22004451i 4500 001 frd00046475 003 CtWfDGI 005 20220206153441.0 006 m o d 007 cr un ---auuuu 008 220206t20182018xx o 000 0 eng d 020 |z9780253035646 024 3 |z9780253035646 040 CtWfDGI|beng|erda|cCtWfDGI 043 a-pp--- 050 4 HV6699.P26 082 04 364.16/309953|223 100 1 Cox, John|c(Anthropologist),|eauthor. 245 10 Fast Money Schemes :|bHope and Deception in Papua New Guinea /|cJohn Cox. 264 1 [Place of publication not identified] :|bIndiana University Press,|c[2018] 264 4 |c©2018 300 1 online resource (264 pages). 336 text|btxt|2rdacontent 337 computer|bc|2rdamedia 338 online resource|bcr|2rdacarrier 347 text file|2rdaft 347 |b(epub) 490 1 Framing the global series 506 Access limited to subscribing institutions. 520 "A history and anthropological analysis of one of Papua New Guinea's worst Ponzi schemes in the late 1990s. In the late 1990s and early 2000s a wave of Ponzi schemes swept through Papua New Guinea, Australia, and the Solomon Islands. The most notorious scheme, U-Vistract, attracted many thousands of investors, enticing them with promises of one percent interest to be paid monthly. Its founder, Noah Musingku, was a charismatic leader who promoted the scheme as a form of Christian mission and as the basis for establishing an independent kingdom. Fast Money Schemes uses in-depth interviews with investors, newspaper accounts, and participant observation to understand the scheme's appeal from the point of view of those who invested and lost, showing that organizers and investors alike understood the scheme as a way of accessing and participating in a global economy. John Cox delivers a "post-village" ethnography that gives insight into the lives of urban, middle-class Papua New Guineans, a group that is not familiar to US readers and that has seldom been a focus of anthropological interest. The book's concern with understanding the interweaving of morality, finance, and aspirations shared by a global cosmopolitan middle class has wide resonance beyond studies of Papua New Guinea and anthropology."--|cProvided by Freading. 588 0 Publisher metadata. 650 0 Ponzi schemes|zPapua New Guinea|xHistory. 650 0 Swindlers and swindling|zPapua New Guinea|xHistory. 650 7 SOCIAL SCIENCE / Anthropology / General.|2bisacsh 655 0 Electronic books. 830 0 Framing the global book series. 914 frd00046475
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