search query: @indexterm Semantics / total: 25
reference: 16 / 25
| Author: | Hodgson, G. M. |
| Title: | The economy as an organism - not a machine. |
| Journal: | Futures
1993 : MAY, VOL. 25:4, p. 392-403 |
| Index terms: | ECONOMICS ECONOMIC THEORY SEMANTICS THINKING |
| Language: | eng |
| Abstract: | The orthodox economics is presently dominated by a mechanistic metaphor. Unfortunately, the metaphor of a machine excludes knowledge, qualitative change and irreversibility through time, and entraps economics in an equilibrium schema. This article examines the roles of the mechanical and biological analogies in economic science. |
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