Seeing the spectre
An economic theory of the ghost story
in The ghost story, 1840–1920
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This chapter examines a theory of spectrality that relates it to a specific field of economics. It shows that the connections between economics and the ghostly relate to the perception of paper money, at a time when such promissory notes were redeemed for gold. It reveals that paper money was previously considered as spectral money (not ‘real’), and like ghosts had a liminal presence. This chapter also aims to present a new theorisation of the spectral that allows a re-reading of the economic contexts of the nineteenth century.

The ghost story, 1840–1920

A cultural history

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