Fast Money Schemes - Cox, John
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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 100 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…mehr

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Produktbeschreibung
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 100 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.
Autorenporträt
When he was just 8 years old, John wanted to be a monk on par with David Carradine's character in the TV series "Kung Fu." He spent his entire life training in the martial arts seeking to fulfil his goal. He started out in 1978 training in Isshinryu Karate under Grandmaster Willie Adams and went on to learn from such masters as Grandmaster Donald Bohan, Grandmaster Don Nagel and Grandmaster James Lacey. To this day he is still a student of Grandmaster Adams. John is a Buddhist Monk and currently resides in a Buddhist Monastery under the Teacher Wisdom Master Maticintin. John's intention is to pass what he's learned. He teaches students privately and writes books.