Tuesday, May 13, 2014

Gavin Kennedy: A metaphor is a metaphor


GK at Adam Smith's Lost Legacy :

In treating a metaphor as a real entity which they believe actually operates in society you end up with fantasies. When these fantasies are believed by economists, including Nobel Prize Winners, you leave reality and belittle claims to economics being a science.

1 comment:

Jazzbumpa said...

I am not a cat fancier, but I do believe The Chrysalis gives cats far too little credit.

But, yes, Free Marketarianism is indeed a religion.

And I am a heretic.

JzB