50. Metaphors and economy

April 13, 2009 § Leave a comment

Aristotle wrote that we can have growth without development, and development without growth. The ambiguities are worth investigating. Take Scrabble. the pattern grows and develops throughout the game. But that is if we look only at the board. Looked at larger, as the game goes on there are diminishing resources till the system ends. The economy is like this, as economists think about it, noting growth and development but failing to notice the impact on resources (the not yet used letters).

There are other subtleties that haunt scrabble players: the loss of potential in the actual choice of letter deployment. What I could have done with …!

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

What’s this?

You are currently reading 50. Metaphors and economy at Reflections on GardenWorld Politics Douglass Carmichael.

meta

%d bloggers like this: