Metaphor and economic thought: A historical perspective

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    Abstract

    Ever since economists first began to inquire into the nature of what Adam Smith called “the human propensity to truck, barter, and exchange one thing for another”, they have resorted to metaphors to make sense of phenomena like markets and money. Rather often, they borrowed ideas from the biological sciences of their time. If we track the evolution of “economic biology” over time, it turns out that most extensions and elaborations of the metaphor carry subtle but strong traces of their approximate historical provenance. More generally, a historical perspective enables one to see the metaphors underlying economic reasoning as flexible and dynamic processes, rather than as fixed and static systems.
    OriginalsprogEngelsk
    TitelMetaphor and Mills : Figurative Language in Business and Economics
    RedaktørerHonesto Herrera-Soler, Michael White
    Udgivelses stedBerlin, Boston
    ForlagMouton de Gruyter
    Publikationsdato2012
    Sider49-76
    ISBN (Trykt)9783110272963
    StatusUdgivet - 2012
    NavnApplications of Cognitive Linguistics
    Vol/bind19
    ISSN1861-4078

    Emneord

    • History of economic thought
    • historical situatedness
    • evolution of economic metaphors

    Citer dette

    Mouton, N. T. O. (2012). Metaphor and economic thought: A historical perspective. I H. Herrera-Soler, & M. White (red.), Metaphor and Mills: Figurative Language in Business and Economics (s. 49-76). Mouton de Gruyter. Applications of Cognitive Linguistics, Bind. 19 http://www.degruyter.com/view/product/180825?format=KOM