Liberalism and Allegory: A Tragedy
Laissez-Faire (Universidad Francisco Marroquín, Guatemala), Forthcoming
10 Pages Posted: 18 Oct 2017 Last revised: 4 Nov 2018
Date Written: October 17, 2017
Adam Smith was allegorical, knowingly and profoundly, but after him things went downhill, or even dropped off a cliff. From science anxieties many liberals spurned allegory, touting foundations, facts, science, etc. But we see in their discourse, notably on the economic system as cooperation, and later on the price system as communication, the poetry they pretended to have cast out. Liberals turned away from allegory, and the world turned away from liberalism. The present article explains some of the reasons why it is good to embrace allegory, and why it is good to be open about doing so.
Keywords: Allegory, non-foundationalism, communication, cooperation
JEL Classification: A11, A12, A13, A14, B12, B13
Suggested Citation: Suggested Citation