Oh, Dear
SYED
BAKHTIYAR KAZMI writes HERE in Business Recorder on “The science of economics”
“Even under the free markets theory, if the
invisible hand cannot be expected to be honest and unselfish, what exactly is
the right amount of government regulation remains an unsolved riddle.”
Comment
How
does a metaphor acquire a particular moral code and for what does it acquire
one? There is no entity inside a
metaphor. The “unsolved riddle” is a figment of someone’s imagination, like fairies
at the bottom of the garden. How
does economics deserve the attributes of being a “science” from being expressed
by silly fantasies like this?
1 Comments:
So, Smith writes about ancient kings and their ministers,Yet, he titled his book "Wealth of Nations." All those 'ancient nations' back then...huh?
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