Le Maux, Laurent <br/><br/>
3. Threadneedle Street: from Red to Black 

 -  2023.<br/>							 
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<br/><br/> The article draws two perspectives, those of the Red and the Black, on either side of the Channel, across the border of political economy and littérature romanesque. The structure of the article lies on the triptych money-theoryfiction. First part: the British monetary debates around the Bank of England’s policy, before (and after) the Peel Act. The article shows how the central bank can contribute to stabilising (respectively, amplifying) tensions on the liquidity market. Second part: the theory of money proposed by Michel Aglietta and André Orléan. Their theory analyses the monetary institution as a form of mediation that captures (or, failing that, exacerbates) the violence originally at work within the market or the financial sphere. It is inspired by the work of René Girard, which unfolds two forms of mediation – external and internal mediation – Red and Black. Third and final part: Stendhal’s novel. The interpretation that René Girard suggests reveals how the characters in the novel embody the ways in which mediation crystallizes (or, on the contrary, constantly gropes). In the article, the distinction between Red and Black is not at a contextual or historical level, but at a theoretical level. JEL Classification: A12, B12, E58.