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The economics of language is an emerging field of study concerning a range of topics such as the effect of language skills on income and trade, and the
costs and benefits In production, research, retail, and accounting, a cost is the value of money that has been used up to produce something or deliver a service, and hence is not available for use anymore. In business, the cost may be one of acquisition, in which ...
of
language planning In sociolinguistics, language planning (also known as language engineering) is a deliberate effort to influence the function, structure or acquisition of languages or language varieties within a speech community.Kaplan B., Robert, and Richard ...
options, preservation of minority languages, etc. It is relevant to analysis of
language policy Language policy is an interdisciplinary academic field. Some scholars such as Joshua Fishman and Ofelia García consider it as part of sociolinguistics. On the other hand, other scholars such as Bernard SpolskyRobert B. Kaplanand Joseph Lo Bianco ...
. In his book 'Language and economy', the German sociolinguist Florian Coulmas discusses "the many ways in which language and economy interact, how economic developments influence the emergence, expansion, or decline of languages; how linguistic conditions facilitate or obstruct the economic process; how multilingualism and social affluence are interrelated; how and why language and money fulfill similar functions in modern societies; why the availability of a
standard language A standard language (also standard variety, standard dialect, and standard) is a language variety that has undergone substantial codification of grammar and usage, although occasionally the term refers to the entirety of a language that includes ...
is an
economic advantage In an economic model, agent (economics), agents have a comparative advantage over others in producing a particular Goods (economics), good if they can produce that good at a lower relative opportunity cost or autarky price, i.e. at a lower relative ...
; how the unequal distribution of languages in multilingual societies makes for
economic inequality There are wide varieties of economic inequality, most notably income inequality measured using the distribution of income (the amount of money people are paid) and wealth inequality measured using the distribution of wealth (the amount of we ...
; how the
economic value In economics, economic value is a measure of the benefit provided by a good or service to an economic agent. It is generally measured through units of currency, and the interpretation is therefore "what is the maximum amount of money a specif ...
of languages can be assessed; why languages have an internal economy and how they adapt to the demands of the external economy. Florian Coulmas shows that language is the medium of business, an asset in itself and sometimes a barrier to trade". States shoulder language costs, because it maintains themselves by means of it, as does business which needs communication competence. Florian Coulmas discusses the language-related expenditures of government and business in Language and economy. In the same book he also discusses the role of language as a commodity, because languages can behave like economic systems. That is why socio-economic ecologies are (dis)favorable to particular languages. The spread of languages depends in an essential way on economic conditions. Language can be an expression of
symbolic power The concept of symbolic power, also known as symbolic domination (''domination symbolique'' in French language) or symbolic violence, was first introduced by French sociologist Pierre Bourdieu to account for the tacit, almost unconscious modes of ...
. However, changes in the
linguistic map A linguistic map is a thematic map showing the geographic distribution of the speakers of a language, or isoglosses of a dialect continuum of the same language, or language family. A collection of such maps is a linguistic atlas. The earliest s ...
of the world show that these are also powerful linked to economic developments in the world. Assigning an economic value to a certain language in the linguistic market place means vesting it with some of the privileges and power related to that language. Most language communities in the world practice this policy without any concern about ''reciprocity'' in language learning investments, forgetting the ''pursuit of linguistic justice as parity of esteem and while linguistic regimes are sometimes very unjust''. States must also face decisions regarding the extent of trade-offs between economic inefficiency and linguistic disenfranchisement.


Origins

The origins of the economics of language can be traced to
Jacob Marschak Jacob Marschak (23 July 1898 – 27 July 1977) was an American economist. Life Born in a Jewish family of Kyiv, Jacob Marschak (until 1933 Jakob) was the son of a jeweler. During his studies he joined the social democratic Menshevik Party, ...
's 1965 publication ''Economics of language''. Here, he discusses the "efficiency of communication."


Language skills as human capital

Possession of language skills is often valued in the labor market, since it allows for greater efficiency in trade and communication.


Global language and global economy

Languages are capital investments in a literal sense : language technology is the most important one. It requires substantial investments which, in the absence of profitability, only affluent countries and businesses can afford. In this respect, today ''English is seen as a consequence and an instrument of American imperial power, an appreciable asset for American anglophones in the twenty-first-century global contest for competitive advantage, prosperity, and power''. Though the best business language remains the language of the customers, meaning multilingual business practices, an "ideal' global economy presupposes a single language for the whole world. But an "ideal" global language presupposes a common acceptable and fair language burden for all business partners. See in this respect
language tax The language tax is an economic concept proposed by the Belgian economist Philippe Van Parijs. It is intended to compensate countries with a less widespread language for their expenses for teaching and translation. Van Parijs points out that Jona ...
to counteract linguistic inequality, as also language for purposes of trade incurs costs to most countries and private entreprises, whereas governments of countries whose language occupies a leading position on the international language market refuse to subsidize the spread of other languages for which they believe they have no need. In his report ''L'enseignement des langues étrangères comme politique publique'',
François Grin François Grin (born 14 September 1959) is a Swiss economist. One of his research fields is the economics of language. Grin studied economics at the University of Geneva, where he obtained a doctorate summa cum laude in 1989. He then was a teache ...
argues that 'though some languages would be more beneficial in terms of cost-benefit analysis' such as e.g. Esperanto (Esperanto business groups such as IKEF have been active for many years), the problem is that a shifting pattern in the valuation of languages is not always brought about by rationally culculable factors only. In addition to its economic potential, language is also a carrier of political, cultural and sociopsychological properties. In spite of the non-economic values attached to language, what prevails in matters of language is often that which is profitable and this can lead to the superiority of a dominant language as a means of production, with a high linguistic capital value. In this respect it is evident to see that the will (or necessity) to learn English in the last decades has grown so much and its range of action has been so wide that the economic necessity and other incentives of foreign-language study are generally perceived as unimportant. For similar reasons, former British prime minister
Margaret Thatcher Margaret Hilda Thatcher, Baroness Thatcher (; 13 October 19258 April 2013) was Prime Minister of the United Kingdom from 1979 to 1990 and Leader of the Conservative Party (UK), Leader of the Conservative Party from 1975 to 1990. S ...
tried to torpedo the LINGUA program of the European Community, as from her point of view, Britain was asked to pay for a program which benefited her country least. Because of the enormous imbalance on current accounts of the major European languages in favour of English, the
LINGUA programme Lingua (Latin, 'tongue') may refer to: * ''Lingua'' (journal), a peer-reviewed academic journal of general linguistics * ''Lingua'' (sculpture), by Jim Sanborn * ''Lingua'' (play), a 17th-century play attributed to Thomas Tomkis * Project Lingu ...
called for an expansion and diversification of foreign-language education in the Member States. For the individual speaker the unequal linguistic balances imply that the first language is an economically exploitable qualification for some who can simply marketing their mother tongue skills, whereas others can not.


Gender gap

In their study ''Gendered language and the educational gender gap'', Davis and Reynolds found a connection between the use of gendered languages and the disparity between men and women. They compared languages with one noun class (e.g. English), two noun classes (e.g. Spanish), for masculine and feminine, and three noun classes (e.g. German), for masculine, feminine, and neuter. They concluded that countries that primarily speak languages with two sex-based noun classes are also countries with "lower rates of female participation in labor and credit markets." In addition, such countries often establish political gender quotas. Gendered languages were also found by Van der Velde, Tyrowicz, and Siwinska in ''Language and (the estimates of) the gender wage gap'' to relate to the gender wage gap. They pointed out that the presence of gender neutral environments can lead to at least three consequences: less discrimination by employers against women, less pressure placed upon workers to meet certain gender roles and expectations, and the decreasing wage gap.


Pronouns

Studies have shown that there exists more emphasis on collectivism within societies in which it is not uncommon in the predominant language to drop pronouns. For example, Spanish speakers can say, "Yo estoy cantando," but they are also given the option to say, "Estoy cantando." Other pronoun-drop languages include Mandarin, Arabic, Hindi, Portuguese, Russian, Japanese, and Korean. On the contrary, speakers of languages that do not typically drop pronouns, such as English, German, and French, tend to express more individualistic views. Languages with multiple forms of ''you'' for the purposes of indicating respect have proven to produce speakers who are more conscious of class differences.


Selected readings

*Gabrielle Hogan-Brun,
Linguanomics
', Bloombury Academic, 2017, *Gazzola, Michele & Wickström, Bengt-Arne (2016): The Economics of Language Policy. Cambridge: MIT Press. *(it) Gazzola, Michele 2016. ''Il valore economico delle lingue '' - Lingua, Politica, Cultura. Serta Gratulatoria in Honorem Renato Corsetti''. New York, Mundial'' * *
Scientific research on languages and the economy: An overview"
Round table on "Languages and the economy", Network for the Promotion of Linguistic Diversity (NPLD), Welsh Government European Office, Brussels, Belgium, 21 January 2015 nvited speaker : Michele Gazzola * (eo) Gazzola, Michele, 201
Ekonomiko, Lingva Justeco kaj Lingva Politiko” ''Informilo por interlingvistoj''
92-93, (1-2/2015)
Gazzola, Michele 2014. ''The Evaluation of Language Regimes''. Amsterdam/Philadelphia, John Benjamins


(CES), 2013 * (it) "Il valore economico delle lingue"
the economic value of languages
, Annual conference of the European Observatory for Plurilingualism, Rome, 10 October 2012 nvited speaker : Michele Gazolla * Tarun Jain
Common tongue: The impact of language on economic performance
Indian School of Business, August 14, 2012.
Chiswick, Barry R., and Paul W. Miller. 2007. ''The Economics of Language: International Analyses''. Routledge.
*Grin, François, 1996
Economic approaches to language and language planning: an introductionGrin, François, 2003. "Language Planning and Economics." Current Issues in Language Planning 4 (1):1-66"
* Lamberton, Donald M., ed. 2002.
The Economics of Language''. Cheltenham, UK: E. Elgar Pub.
* Coulmas, Florian, ttp://www.abebooks.co.uk/9780631185246/Language-Economy-COULMAS-0631185240/plp Language and economy ed. 1992, Blackwell Publishers * (de) Coulmas, Florian
Die Wirtschaft mit der Sprache
ed. 1992, Frankfurt am Main, Suhrkamp * Dr. Gergely Kovács
Economic Aspects of Language Inequality in the European Union
2007, Tatabánya, College for modern business studies. * (fr - video
LANGUES ET ARGENT
: ce qu'on ne vous dit pas *Kadochnikov, Denis (2016)
Languages, Regional Conflicts and Economic Development: Russia
  In: Ginsburgh, V., Weber, S. (Eds.). The Palgrave Handbook of Economics and Language. London: Palgrave Macmillan. pp. 538–580. * Lazear, Edward (1999). "Culture and Language," ''Journal of Political Economy'', 107(S6), pp. 95–126.
Abstract
* McCloskey, D.N. (1983). "The Rhetoric of Economics," ''Journal of Economic Literature'', 21(2), pp
481-517.
* McCloskey, D.N. (1998). 2nd ed. ''The Rhetoric of Economics''
Description & scrollable preview.
University of Wisconsin Press.


See also

*
Language tax The language tax is an economic concept proposed by the Belgian economist Philippe Van Parijs. It is intended to compensate countries with a less widespread language for their expenses for teaching and translation. Van Parijs points out that Jona ...
* Grin, François *(german) Florian Coulmas * Van Parijs, Philippe *
Linguistic discrimination Linguistic discrimination (also called glottophobia, linguicism and languagism) is unfair treatment of people which is based on their use of language and the characteristics of their speech, including their first language, their accent, the p ...
*
Linguicism Linguistic discrimination (also called glottophobia, linguicism and languagism) is unfair treatment of people which is based on their use of language and the characteristics of their speech, including their first language, their accent, the p ...


References

{{Reflist


External links


Research Group "Economics and Language" (REAL)IKEF
Linguistics Language, Economics of