Fenton, T.R. Books

Dr. T. R. (Rick) Fenton received his Ph.D. in Bio-Engineering from Strathclyde University in Scotland, and has taught at McGill University in Montreal and the University of Manitoba in Winnipeg, Canada. Dr. Fenton is a Professional Engineer and Certified Clinical Engineer responsible for the formation of Asymptote, Inc. and Scensor, Inc. in the private sector.

How Money Acts Like an Evolving Organism: Exploring Implications of the Biological Analogy of Money as Species
2010 0-7734-1409-6
This study adds to the sociology of money through a constructivist model that directly applies the conjugate species concept in computer simulation. The concept of conjugate species is introduced to address the species problem through adaptation of the ecological species concept to social reality and agency of artifacts.

Author’s Abstract:
This work presents a critical theory of money based on social construction. It provides a multi-disciplinary synthesis strongly guided by the institutional philosophy of John R. Searle. An information-based ontology of social reality is used to reframe existential questions about money and species, and develop new concepts that enable money as species to be explored.

The potential implications of the work are far-reaching and discussed in a scenario framework derived from Pascal’s Wager. This book is timely, given the current global financial crisis; however it has more to do with September 11, 2001 and impact of the unforeseen. The study is not about making money and has little to do with contemporary economics; it is about acquiring the cognitive tools to understand the evolutionary cost of our servitude to money.