Allegory and Political Economy: A Reply to Gavin Kennedy
Daniel B. Klein
George Mason University - Department of Economics
October 25, 2013
Adam Smith Review, Vol. 8, Forthcoming
GMU Working Paper in Economics No. 13-27
Gavin Kennedy has written a review of Daniel B. Klein, Knowledge and Coordination: A Liberal Interpretation (Oxford University Press, 2012; softback 2013), to appear in the Adam Smith Review (vol. 8). This is a reply that will be published alongside Kennedy’s review. In the book, Klein elaborates and affirms the allegorical nature of important tropes in political economy, including the price system as communication, cooperation throughout the economic system, market error and correction, and policy error and correction. Kennedy is unenthusiastic about elaborating and highlighting allegory. Here Klein asks whether Kennedy is really ready to reject allegory.
Number of Pages in PDF File: 5
Keywords: Allegory, Adam Smith, communication, cooperation, error, correction
JEL Classification: A13, B4
Date posted: October 27, 2013
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