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조화와 균형: 프랭크 노리스의 『피트』에 나타난 고전 경제학

Harmony and Equilibrium: Classic Economics in Frank Norris’s The Pit

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The Pit (1902), Frank Norris‘s bestseller novel, has often been read either as the story of the wheat market or as that of domestic conflicts. Reconciling the two seemingly disparate accounts, the paper claims that the powerful economic model of harmony and equilibrium, propounded by economics since the eighteenth century, permeates both public and private spheres in the novel. According to classic economics, the market, albeit temporarily disrupted by unwanted and unforeseen forces such as speculative gambling, cornering, and interventions, will ultimately regain stability and equilibrium. Such unshakable belief in the rational market order is what Joseph Vogl terms “oikodicy.” In the novel, Jadwin, the formidable bull, is punished for cornering the wheat market and thus defying the indomitable market law of demand and supply. Norris similarly applies the theory of oikodicy to the disintegrating private sphere in which Laura feels increasingly alienated from and abandoned by Jadwin. Norris argues that marriage life is built upon the economic idea that the true worth of the husband is best determined by the wife, and vice versa. Faithful to such market-inflected model, Norris also insists, masculinity and femininity will and should maintain harmony and equilibrium.

Abstract

The Pit (1902), Frank Norris‘s bestseller novel, has often been read either as the story of the wheat market or as that of domestic conflicts. Reconciling the two seemingly disparate accounts, the paper claims that the powerful economic model of harmony and equilibrium, propounded by economics since the eighteenth century, permeates both public and private spheres in the novel. According to classic economics, the market, albeit temporarily disrupted by unwanted and unforeseen forces such as speculative gambling, cornering, and interventions, will ultimately regain stability and equilibrium. Such unshakable belief in the rational market order is what Joseph Vogl terms “oikodicy.” In the novel, Jadwin, the formidable bull, is punished for cornering the wheat market and thus defying the indomitable market law of demand and supply. Norris similarly applies the theory of oikodicy to the disintegrating private sphere in which Laura feels increasingly alienated from and abandoned by Jadwin. Norris argues that marriage life is built upon the economic idea that the true worth of the husband is best determined by the wife, and vice versa. Faithful to such market-inflected model, Norris also insists, masculinity and femininity will and should maintain harmony and equilibrium.

참고문헌 (22)

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  2. Biers, Katherine, "Frank Norris’s Common Sense: Finance as Theatre in The Pit", Textual Practice, 25(3), pp.513~541 (2011)
  3. Collins, Peter E., "Nature, the Individual, and the Market", Twentieth-Century Literature, 58(4), pp.556~581 (2012)
  4. Eby, Clare Virginia, "Domesticating Naturalism: The Example of The Pit", Studies in American Fiction, 22(2), pp.149~168 (1994)
  5. Emery, Henry Crosby, "Futures in the Grain Market", The Economic Journal, 9(33), pp.45~67 (1899)
  6. Foucault, Michel, "The Birth of Biopolitics: Lectures at the Collège de France, 1978-1979" (2008), Palgrave Macmillan
  7. Hochman, Barbara, "The Art of Frank Norris, Storyteller" (1988), U of Missouri P
  8. Horwitz, Howard, "By the Law of Nature: Form and Value in Nineteenth-Century America" (1991), Oxford UP
  9. Kaplan, Charles, "Norris’s Use of Sources in The Pit", American Literature, 25(1), pp.75~84 (1953)
  10. Knight, Peter, "Reading the Market Genres of Financial Capitalism in Gilded Age America" (2016), Johns Hopkins UP
  11. McElrath, Joseph R, Jr, "Frank Norris Revisited" (1992), Twayne Publishers
  12. McElrath, Joseph R, Jr., "Norris vii-xxv. Marchand, Ernest. Frank Norris: A Study" (1942), Stanford UP
  13. Norris, Frank, "The Pit: A Story of Chicago" (1994), Penguin Books
  14. Piep, Karsten, "Love’s Labor’s Regained: The Making of Companiate Marriages in Frank Norris’s The Pit", Papers on Language and Literature, 40(1), pp.28~56 (2004)
  15. Pizer, Donald, "The Literary Criticism of Frank Norris" (1964), U of Texas P
  16. Puskar, Jason, "Hypereconomics: Frank Norris, Thomas Piketty, and Neoclassical Economic Romance", Studies in American Naturalism, 12(1), pp.28~49 (2017)
  17. Sklansky, Jeffrey, "The Soul’s Economy: Market Society and Selfhood in American Thought, 1820-1920" (2002), The U of North Carolina P
  18. Stäheli, Urs, "Spectacular Speculation : Thrills, the Economy, and Popular Discourse" (2013), Stanford UP
  19. Vogl, Joseph, "The Specter of Capital" (2015), Stanford UP
  20. Zimmerman, David A., "Frank Norris, Market Panic, and the Mesmeric Sublime", American Literature, 75(1), pp.61~90 (2003)
  21. Westbrook, Wayne W., "Wall Street in the American Novel" (1980), New York UP
  22. Wood, Adam H., "Fighting Against the Earth Itself’: Sadism, Epistemophilia, and the Nature of Market Capitalism in Frank Norris’s The Pit", Studies in American Naturalism, 7(2), pp.151~175 (2012)

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