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Year : 2023  |  Volume : 11  |  Issue : 1  |  Page : 22-26

Money, psychology, and neuroeconomics

Department of Psychiatry, Hospital for Mental Health, Vadodara, Gujarat, India

Correspondence Address:
Dr. Hitesh Chandrakant Sheth
Department of Psychiatry, Hospital for Mental Health, Opposite Jivan Bharti School, Karelibaug, Vadodara - 390 018, Gujarat
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Source of Support: None, Conflict of Interest: None

DOI: 10.4103/jacs.jacs_35_21

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Money is one of the principal forces acting on human beings that dictate conscious and unconscious actions. However, because of its tendency to bring the evil propensities in human beings to the fore, it is also one of the most maligned forces in human history. This study aims to know the real nature of money and the number of factors that determine a man's attitude towards money. A study of various kinds of literature like; journals, books, magazines, internet materials, and articles on neuropsychology, were done to compare the good and bad effects, money exerts on human lives. Results showed that there are many factors such as greed, insecurity, and inner poverty, as well as genetic and neuropsychological causes that impel men to chase power, position, and outer prosperity. However, such wealth, when earned through unfair means, often breeds insecurity and misery for a man as well as for society at large, while the same wealth, when acquired through fair means helps man to fulfill the ultimate goals of human life, namely enjoyment, and self-actualization. The study concludes by stating that money, by its nature, is neither a good nor an evil force. In fact, wealth creation without violating the moral codes is holy labor and a duty that helps humans, materially, psychologically, spiritually, and neuropsychologically, to achieve lofty aims in their life and also benefits humanity in general.

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